Reliance Industries | The Asian Age

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Reliance Industries Page-7

Reliance Industries on Sunday said that its resolution plan for acquiring Alok Industries in conjunction with JM Financial Asset Reconstruction Company has been rejected by the Committee of Creditors.

RIL, JM Financial bid to acquire Alok Industries rejected

The consortium of lenders, led by SBI, is claiming dues of over Rs 23,000 crore from Alok Industries.

15 Apr 2018 7:05 PM

Reliance had announced it will also invest up to rupee equivalent of USD 100 million in Saavn.

RIL to buy 73 pc stake in Embibe, plans to invest USD 180 mn in 3 yrs

Embibe is an early stage company has on-boarded 60 education institutions to its platform.

13 Apr 2018 9:55 AM

Increase in natural gas prices will mean higher raw material cost for compressed natural gas (CNG) and natural gas piped to households (PNG).

Govt to raise gas price to highest level in 2 years

Gas price was last hiked to USD 2.89 per mmBtu for Oct 2017 to Mar 2018 period from USD 2.48 in previous 6 months.

22 Mar 2018 6:04 PM

India's fuel consumption grew by an average of 3-4 per cent annually.

Private fuel retailers double petrol, diesel market share

In 2017-18, private retailers commanded 6.8 per cent market share in petrol sales and 8.2 per cent in diesel.

19 Mar 2018 3:39 PM

Reliance Industries chief Mukesh Ambani. (Photo: PTI)

Mukesh Ambani vows additional Rs 10,000 cr investment in UP

Jio has already created over 40 thousand direct and indirect jobs in UP.

21 Feb 2018 1:17 PM

Reliance Industries chairman Mukesh Ambani. (Photo: PTI)

Reliance to invest Rs 2,500 crore in Assam

Reliance Industries has become largest private sector investor in Assam by putting in Rs 5,000 crore.

03 Feb 2018 2:02 PM

Canadian company has been facing cash problems and had even put up for sale its interest in NEC-25.

Govt nod to RIL, BP acquiring Niko's 10 per cent stake in gas block

RIL is operator of block with 60 per cent interest while BP of UK has the remaining 30 per cent stake.

26 Jan 2018 1:07 PM

Shares of the IT major rose by 4.88 per cent to Rs 3,254.80 -- its 52-week high -- on BSE.

TCS becomes second co to surge past Rs 6 lakh crore mcap mark

During the late morning trade, the market capitalisation (m-cap) of TCS stood at Rs 6,12,696.46 crore.

24 Jan 2018 12:47 PM

Banerjee said that during the two-day summit, 1,046 B2B, 40 B2G meetings were held and more than 110 MoUs were signed. (Photo: bengalglobalsummit.com)

Rs 2.2 L Cr for WB from BGBS, job potential for 20 L, Mamata confirms

Mamata said that one lakh jobs would be provided by Reliance Industries alone as told by its chairman Mukesh Ambani on Tuesday.

17 Jan 2018 6:28 PM

CLSA said monetisation of the two plants will boost the operating income of the company but full benefits will come only in the next financial year.

RIL likely to see big cash flow boost, says CLSA report

RIL's telecom venture, Jio, has achieved a critical mass with a subscriber base of around 160 million.

03 Jan 2018 5:12 PM

Reliance Industries Ltd Chairman Mukesh Ambani. (Photo: PTI)

Reliance aims to become big clean energy provider: Mukesh Ambani

India is one of the world’s biggest users of coal, and renewable energy.

25 Dec 2017 10:19 AM

Maharashtra Chief Minister Devendra Fadnavis. (Photo: Twitter | Mumbai Police)

RIL owes over Rs 1,900 crore in surcharge dues to MMRDA: Fadnavis

Dues include Rs 441.08 crore for plot number C-66 and Rs 1,538.73 crore for plot number C-64 from RIL alone.

12 Dec 2017 3:39 PM

The bonds were priced at 3.66 per cent, the lowest coupon ever achieved by an Indian corporate for a 10-year issuance.

RIL raises USD 800 mn via 10 year bonds at lowest rate

Company's debt swelled to Rs 2,14,145 crore at end of September as compared to Rs 1,96,601 crore.

21 Nov 2017 12:25 PM

Total revenue was up 23.9 per cent to Rs 1,01,169 crore.

Moody's cuts RIL credit outlook to stable but affirms ratings

Baa2 rating affirmation reflects our expectation that RIL's credit metrics will recover over next 12-18 months.

05 Nov 2017 11:26 AM

On the BSE, shares of the company ended 0.36 per cent lower at Rs 934.75.

RIL mcap briefly clings to Rs 6-lakh crore mark on NSE

Scrip of RIL rose by 0.84 per cent to Rs 947.70 -- its 52-week high -- in intra-day trade on the NSE

24 Oct 2017 8:10 PM

On the NSE, shares of the company gained 3.28 per cent to end at Rs 939.75.

Reliance Industries' m-cap gets nearer to Rs 6 lakh crore

The company's market valuation surged by Rs 17,595.91 crore to Rs 5,94,078.91 crore.

23 Oct 2017 7:14 PM

Reliance Industries or RIL chairman Mukesh Ambani at an AGM in Mumbai. (Photo: PTI)

RIL up 5 per cent; investors' wealth at Rs 2.4 lakh crore

Experts say RIL's telecom arm will turn profitable in December quarter; Jio now has a loss of Rs 271 crore.

18 Oct 2017 4:24 PM

Reliance Industries LTD has so far made 19 gas discoveries in the KG-D6 block.

RIL, BP submit revised investment plan for KG-D6 gas finds

The four fields have 617 billion cubic feet of reserves and can produce gas for eight years.

17 Oct 2017 9:39 AM

Reliance Jio is telecom arm of energy giant Reliance Industries led by richest Indian Mukesh Ambani. (Photo: AFP)

With Rs 271 crore Q2 loss, Reliance Jio expects to turn profitable soon

Jio launched late last year with free voice and cut-price data, sparking a price war in India’s cut-throat telecoms sector.

14 Oct 2017 10:43 AM

The stock rose by 3.82 per cent to close at Rs 872.50 on BSE.

RIL up 4 per cent; mcap zooms to record Rs 5.5 lakh crore ahead of Q2 results

At NSE, shares of the company rose by 3.88 per cent to end at Rs 872.75.

12 Oct 2017 8:18 PM

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Farrukh Dhondy