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Reliance Industries is top Indian company on asset base

Reliance Industries is top Indian company on asset base

🕔11:01, 11.Mar 2015

New Delhi, March 11  Mumbai-based conglomerate Reliance Industries Ltd. heads the list of India’s top 10 companies ranked in terms of their asset base as on March 31, 2014, parliament was informed on Tuesday. In a written reply to the

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LIC ups its Reliance Industries holding to 9.084 percent

LIC ups its Reliance Industries holding to 9.084 percent

🕔14:10, 3.Mar 2015

Chennai, March 3  Insurance giant Life Insurance Corporation of India (LIC) on Monday said it has increased its holding in Reliance Industries by 2.097 percent to 9.084 percent.In its regulatory filing to the National Stock Exchange (NSE), LIC said it

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RIL raises $750 mn through unsecured notes

RIL raises $750 mn through unsecured notes

🕔14:20, 4.Feb 2015

Mumbai, Feb 4  Reliance Industries (RIL) Wednesday said that it has raised $750 million through the issuance of unsecured notes due 2045. This is the second time in less than two weeks that Reliance Industries has raised funds from the

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RIL raises $1 bn through bond issue

RIL raises $1 bn through bond issue

🕔14:50, 22.Jan 2015

Mumbai, Jan 22 Reliance Industries (RIL) Thursday said that it has raised a $1 billion through a dollar bond issue. The funds will be used for the company’s ongoing capital expenditure. “This transaction opened up the market for private sector

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Vibrant Gujarat: Reliance will invest Rs.100,000 crore

Vibrant Gujarat: Reliance will invest Rs.100,000 crore

🕔13:16, 12.Jan 2015

Gandhinagar, Jan 12 The Mukesh Ambani led-Reliance Industries (RIL) will invest Rs.100,000 crore across its businesses, including the Gujarat petrochemical complex, in the next 18 months. “We will invest over Rs.100,000 crore in the next 12-18 months in contributing to

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Reliance signs deal with Mitsui for ethane transportation

Reliance signs deal with Mitsui for ethane transportation

🕔11:12, 27.Dec 2014

Mumbai, Dec 27  Reliance Industries Ltd. (RIL) Friday said it has signed a long-term agreement with Japan’s biggest shipping company Mitsui OSK Lines for transportation of liquefied ethane from North America to India for an undisclosed amount. According to the

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RIL to give up east coast gas discovery block over defense curbs

RIL to give up east coast gas discovery block over defense curbs

🕔12:23, 25.Dec 2014

New Delhi, Dec 25  Reliance Industries Ltd (RIL) will surrender its Krishna Godavari basin gas discovery block, KG-D3, owing to operational restrictions placed by the defence ministry, the block’s minority partner firm said Wednesday “Hardy Oil and Gas plc, announces

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RIL Q2 net profit, at Rs.5,972 crore, up 1.7 percent

RIL Q2 net profit, at Rs.5,972 crore, up 1.7 percent

🕔12:01, 14.Oct 2014

Mumbai, Oct 14  Mukesh Ambani-led Reliance Industries (RIL) Monday posted a 1.7 percent rise in net profit for the second quarter ended September on the back of a surge in refining margins. The company recorded a net profit of Rs.5,972

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ONGC, RIL to take part in Singapore oil and gas trade show

ONGC, RIL to take part in Singapore oil and gas trade show

🕔09:54, 14.Oct 2014

New Delhi, Oct 14  Open sea for networking opportunities (OSEA), a Singapore-based trade show for the oil and gas industry, has said that Indian explorers ONGC and Reliance Industries (RIL) will take part in December in the OSEA 2014 international

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Gas price hike deferred due to state elections: Pradhan

Gas price hike deferred due to state elections: Pradhan

🕔11:34, 26.Sep 2014

New Delhi, Sep 26 The cabinet decision to defer an increase in natural gas price till mid-November has been taken in view of next month’s assembly elections in Maharashtra and Haryana, Petroleum Minister Dharmendra Pradhan said. “It was done due

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RIL To Creat 1.25 lakh jobs in 15 months – Mukesh Ambani

RIL To Creat 1.25 lakh jobs in 15 months – Mukesh Ambani

🕔11:23, 26.Sep 2014

By TN Ashok   Economics Affairs Editor New Delhi, Sept 25 : Reliance Industries Chairman Mukesh Ambani today disclosed that his company would create 1,25,000 new jobs in the next 12-15 months while committing himself to Prime3 Minister Narendra Modi’s pet

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Mukesh Ambani again tops list of India’s richest tycoon

Mukesh Ambani again tops list of India’s richest tycoon

🕔12:26, 25.Sep 2014

Washington, Sep 25  Reliance Industries chairman Mukesh Ambani has topped the Forbes magazine’s list of the top 100 richest tycoons in India for the eighth consecutive year with a net worth of $23.6 billion, up $2.6 billion from last year.

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Reliance KG-D6 gas output likely to improve this fiscal: Report

Reliance KG-D6 gas output likely to improve this fiscal: Report

🕔12:31, 24.Sep 2014

New Delhi, Sep 24  Production from the Reliance Industries (RIL) consortium-operated KG-D6 gas fields in the eastern offshore is likely to improve to 15 million units by the second half of the current fiscal as the operator completes work-overs, financial

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RIL returns Haryana SEZ land citing withdrawal of concessions

RIL returns Haryana SEZ land citing withdrawal of concessions

🕔11:14, 1.Sep 2014

New Delhi, Sept 01  Reliance Industries (RIL) Sunday said it has returned around 1,384 acres of land in Gurgaon acquired for its special economic zone on the grounds that withdrawal of the concessions offered to SEZs has made such projects

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RIL Q1 net profit up nearly 14 percent

RIL Q1 net profit up nearly 14 percent

🕔10:07, 21.Jul 2014

Mumbai, July 21  Reliance Industries (RIL) posted a 13.7 percent jump in consolidated net profit for the first quarter of the current fiscal flowing from higher refining margins. RIL’s consolidated net profit in the quarter stood at Rs.5,957 crore over

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RIL to begin 4G service in 2015; plans $30 bn investment

RIL to begin 4G service in 2015; plans $30 bn investment

🕔10:49, 19.Jun 2014

Mumbai, June 19  Reliance Industries Limited (RIL) plans to invest Rs.180,000 crore ($30 billion) in its various businesses including oil and gas, retail and telecom in the next three years, company’s chairman and managing director Mukesh Ambani said Wednesday. The

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Reliance Industries to invest $30 bn in 3 years

Reliance Industries to invest $30 bn in 3 years

🕔15:36, 18.Jun 2014

Mumbai, June 18  Reliance Industries Limited (RIL) plans to invest Rs.180,000 crore ($30 billion) across its businesses including oil and gas, retail and telecom, chairman and managing director Mukesh Ambani said Wednesday. Addressing shareholders at the 40th Annual General Meeting,

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Reliance ‘saddened’ by ONGC chief’s ‘theft’ remarks

Reliance ‘saddened’ by ONGC chief’s ‘theft’ remarks

🕔10:20, 24.May 2014

Mumbai, May 24  Reliance Industries felt “saddened” by the remarks of the ONGC chief on alleged “theft” of gas in the Krishna-Godavari basin, and said as the matter was sub judice it called for restraint by both parties. “We deny

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RIL aims to raise Rs.10,000 crore in debt

RIL aims to raise Rs.10,000 crore in debt

🕔10:18, 23.May 2014

Mumbai, May 23  Mukesh Ambani-led Reliance Industries (RIL) Thursday said it aims to raise up to Rs.10,000 crore in debt during the current fiscal to partly fund its $26 billion investment plan. “In order to augment long term resources for

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Court seeks response on Krishna-Godavari gas recovery

Court seeks response on Krishna-Godavari gas recovery

🕔09:58, 16.May 2014

By Prakash Bhargava New Delhi, May 16  The oil ministry and the watchdog were Thursday asked by the Delhi High Court to reply to charges by ONGC that Reliance Industries pumped more gas than its entitlement. The plea by the

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