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RIL, BP sanction 3rd phase of integrated KG D6 development

RIL, BP sanction 3rd phase of integrated KG D6 development

🕔22:56, 11.Jun 2019

Mumbai, June 11 (IANS) Reliance Industries (RIL) and BP on Tuesday announced the sanction of the MJ project (also known as D55) or the third phase in Block KG D6 offshore the east coast of India. MJ is the third of

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RIL denies sidestepping US sanctions on Venezuela

RIL denies sidestepping US sanctions on Venezuela

🕔06:59, 23.Mar 2019

Mumbai, March 23  Reliance Industries Limited (RIL) on Friday denied any suggestion that it ever sidestepped US sanctions in supplying products to Venezuela. RIL’s denial comes after a report said that the company has sidestepped US sanctions on Venezuela by

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Saudi Aramco, RIL in talks for India projects

Saudi Aramco, RIL in talks for India projects

🕔06:00, 21.Feb 2019

New Delhi, Feb 21  Saudi Aramco, national petroleum and natural gas company of Saudi Arabia, said on Wednesday it was looking to expand footprint in India and was discussing partnerships with Indian companies, including Reliance Industries Ltd (RIL). “There is

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RIL Q2 net up 17% at Rs 9,516 cr; petchem, telecom do well

RIL Q2 net up 17% at Rs 9,516 cr; petchem, telecom do well

🕔07:13, 18.Oct 2018

Mumbai, Oct 18  Reliance Industries (RIL) on Wednesday reported a 17.3 per cent jump in net profit at Rs 9,516 crore for the second quarter ending September on the back of robust performance in its petrochemicals and telecom businesses. The

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RIL shuts permanently its only oilfield in KG-D6 block

RIL shuts permanently its only oilfield in KG-D6 block

🕔22:40, 21.Sep 2018

Mumbai, Sep 21 (IANS) The Reliance Industries (RIL) on Friday said it has permanently shut down its only oilfield in the eastern offshore Krishna-Godavari (KG) basin D6 block after it stopped producing crude. The Dhirubhai-26 (D26) or MA was the only

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7 Indian firms in Fortune 500 list, IOC tops, RIL up 55 ranks

7 Indian firms in Fortune 500 list, IOC tops, RIL up 55 ranks

🕔20:49, 1.Aug 2018

Mumbai, Aug 1  Seven Indian companies feature in the US magazine Fortune 500 list of the world’s largest firms, with state-run Indian Oil Corp (IOC) remaining the top-ranked Indian company in the 2018 rankings and Reliance Industries Ltd (RIL) improving

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RIL’s Q1 net at Rs 9,459 cr up 4.47% on robust petchem growth

RIL’s Q1 net at Rs 9,459 cr up 4.47% on robust petchem growth

🕔07:13, 28.Jul 2018

Mumbai, July 28  The Mukesh Ambani-led Reliance Industries (RIL) on Friday reported 4.47 per cent rise in net profit at Rs 9,459 crore for the first quarter ending June on the back of robust growth in its petrochemical business backed

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RIL’s market-cap re-enters $100-bn mark; shares hit 52 week high

RIL’s market-cap re-enters $100-bn mark; shares hit 52 week high

🕔06:46, 13.Jul 2018

Mumbai, July 13 Supported by a surge in share prices, stocks of Reliance Industries hit $100-billion market capitalisation (m-cap) mark on Thursday, for the second time after first reaching the landmark level on October 18, 2007. At closing, the company’s

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RIL acquires Radisys Corporation for $74 mn

RIL acquires Radisys Corporation for $74 mn

🕔17:43, 30.Jun 2018

Mumbai, June 30  Radisys Corporation, an open telecom solutions provider, and Reliance Industries Limited (RIL), have entered into a definitive agreement under which RIL will acquire Radisys for $1.72 per share in cash, a joint-statement said here on Saturday. According

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Reliance Infra debuts in railway space, bags EPC contract

Reliance Infra debuts in railway space, bags EPC contract

🕔10:55, 20.Apr 2018

Mumbai, April 19  Reliance Infrastructure Limited EPC has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) for its maiden railway project worth Rs 774 crore for the construction of third rail line between Jimidipeta and Gotlam

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RIL, BP sanction Phase-2 in deep-sea gas project

RIL, BP sanction Phase-2 in deep-sea gas project

🕔10:39, 20.Apr 2018

Mumbai, April 20  Reliance Industries (RIL) and British oil major BP on Thursday jointly announced the sanction of development work on the “Satellite cluster” deep-water gas fields in their Krishna Godavari (KG) D6 block on the eastern offshore. According to

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Reliance Jio signs 53.5 bn yen ‘Samurai’ term loan agreement

Reliance Jio signs 53.5 bn yen ‘Samurai’ term loan agreement

🕔09:31, 14.Apr 2018

Mumbai, April 14  Reliance Jio Infocomm Ltd (RJIL) on Friday signed a 53.5 billion Japanese yen “Samurai Term Loan” with 7 year bullet maturity. According to the company, the facility is guaranteed by Reliance Industries Ltd (RIL) and “will be

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RIL to buy 73% stake in AI-based edutech firm Embibe

RIL to buy 73% stake in AI-based edutech firm Embibe

🕔15:17, 13.Apr 2018

Mumbai, April 13  Reliance Industries (RIL) on Friday announced it has agreed to buy a majority stake of 72.69 per cent in the artificial intelligence (AI)-based education platform Indiavidual Learning Pvt Ltd (Embibe) from existing investors over the next three

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RIL to combine Saavn with JioMusic

RIL to combine Saavn with JioMusic

🕔09:45, 24.Mar 2018

Mumbai, March 24  Reliance Industries (RIL) on Friday said that it has executed definitive agreements for combination of Saavn, a leading global music OTT (over-the-top) platform, with its digital music service — JioMusic. According to the company, the combined entity

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Reliance Infrastructure bags Rs 3,647 crore contract for Uppur Thermal Power Project

Reliance Infrastructure bags Rs 3,647 crore contract for Uppur Thermal Power Project

🕔14:48, 22.Feb 2018

New Delhi, Feb 22  Reliance Infrastructure Limited has won an engineering, procurement and construction (EPC) contract of Rs 3,647 crore from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) for balance of plant (BoP) package and allied civil works for

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RIL signs Rs 60,000 cr of MoUs at ‘Magnetic Maharashtra’

RIL signs Rs 60,000 cr of MoUs at ‘Magnetic Maharashtra’

🕔09:55, 21.Feb 2018

Mumbai, Feb 21  Mukesh Ambani-led Reliance Industries Ltd (RIL) has signed 25 MoUs at the ongoing ‘Magnetic Maharashtra: Convergence Summit 2018’ with various global giants with an investment of Rs 60,000 crore over 10 years to create 100,000 jobs, it was

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Reliance Industries wins Golden Peacock Award 2017 for CSR

Reliance Industries wins Golden Peacock Award 2017 for CSR

🕔20:34, 9.Feb 2018

Mumbai, Feb 9  Reliance Industries (RIL) on Friday said it has been awarded the Golden Peacock Award 2017 for corporate social responsibility (CSR) initiatives. In a statement here, RIL said that the award was a recognition, in particular, of the

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RIL commissions world’s largest refinery off-gas cracker at Jamnagar

RIL commissions world’s largest refinery off-gas cracker at Jamnagar

🕔10:36, 3.Jan 2018

Mumbai, Jan 3  Reliance Industries Limited (RIL) has successfully commissioned its refinery off-gas cracker (ROGC) complex of 1.5 million tonnes per annum (MTPA) capacity along with downstream plants and utilities, the company announced here on Tuesday. It said the ROGC

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Reliance to be amongst the top 20 companies in the world: Mukesh Ambani

Reliance to be amongst the top 20 companies in the world: Mukesh Ambani

🕔10:36, 25.Dec 2017

Navi Mumbai, Dec 25  On Reliance Industries Ltd’s 40th anniversary (1977-2017), Chairman Mukesh Ambani said the company which owed all its progress to its founder Dhirubhai Ambani has the potential to be amongst the top 20 global companies in the world.

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RIL raises $800 mn through 10-year bonds at lowest rate

RIL raises $800 mn through 10-year bonds at lowest rate

🕔10:28, 22.Nov 2017

Mumbai, Nov 22  Reliance Industries Ltd (RIL) on Tuesday said it has raised $800 million by selling 10-year bonds in the first offering since Moody’s last week raised India’s sovereign rating after 14 years. According to a Mukesh Ambani-led RIL

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