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RIL entitled to recover cost on unviable gas discovery: PAC

Apr 28, 2016

RIL entitled to recover cost on unviable gas discovery: PAC

Taking a diagonally opposite view to CAG, Parliament's Public Accounts Committee today said RIL is entitled to recover all cost incurred on unviable gas discoveries as government's technical arm DGH had in the first place allowed it to retain the entire KG-D6 block area. #Reliance Industries #CAG #Oil Ministry #DGH #KG-D6 #parliamentary panel #unviable gas recovery
RIL posts 8-year high net profit in March quarter aided by higher refining and petrochem margins

Apr 23, 2016

RIL posts 8-year high net profit in March quarter aided by higher refining and petrochem margins

Reliance Industries today reported a 16 percent jump in the March quarter net profit to a record quarterly earning of Rs 7,398 crore on the back of higher refining and petrochem margins. #Reliance Industries #Mukesh Ambani #Q4 results #RIL #fiscal 2016 #Jan-Mar 2016 quarter
Payments, small finance banks yet to devise a viable business model: SBI chief

Apr 19, 2016

Payments, small finance banks yet to devise a viable business model: SBI chief

Bhattacharya's comments come within a fortnight of RBI saying it will allow differentiated lenders like custodian and wholesale banks #Reliance Industries #RBI #Arundhati Bhattacharya #Payments Banks #Small Finance banks #SBI Chairperson
Padma Vibhushan Dhirubhai great wealth creator, says Kokilaben Ambani

Mar 28, 2016

Padma Vibhushan Dhirubhai great wealth creator, says Kokilaben Ambani

I personally, and the entire Reliance family, are truly overwhelmed and deeply humbled, said Kokilaben Ambani #Reliance Industries #Dhirubhai Ambani #Padma Vibhushan #wealth creation #Kokilaben Ambani
11 technology start-ups make the cut at GenNext Hub, a Reliance Industries-Microsoft venture

Mar 12, 2016

11 technology start-ups make the cut at GenNext Hub, a Reliance Industries-Microsoft venture

The GenNext Hub is an initiative of Reliance Industries Limited (RIL) powered by Microsoft Ventures to catalyze the startup ecosystem for a digital India. #Business #Reliance Industries #Microsoft #CompanyWatch #Microsoft India #GenNext Hub #11 tech start-ups #Bhaskar Pramanik - Chairman #Dr Raghunath A Mashelkar -GenNext Chairman
Cabinet clears new price formula for undeveloped gas finds

Mar 10, 2016

Cabinet clears new price formula for undeveloped gas finds

In a boost to firms like ONGC and Reliance Industries, the Cabinet today approved a new price formula for their undeveloped gas discoveries in difficult areas, which will lead to a near-doubling of rates. #Reliance Industries #ONGC #LNG #Cabinet #gas price #CCEA
Sebi holds Reliance Petroinvestments not guilty of insider trading

Mar 09, 2016

Sebi holds Reliance Petroinvestments not guilty of insider trading

In his order, adjudicating officer Suresh Gupta, disposing off the proceedings against Reliance Petroinvestments, held that the company was not in possession of any unpublished price sensitive information (UPSI) and did not violate any regulations. #Reliance Industries #SEBI #Insider trading #RIL #IPCL #Reliance Petroinvestments