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Reliance Industries Q4 profit up 8.5% at Rs 6,381 cr

Apr 17, 2015

Reliance Industries Q4 profit up 8.5% at Rs 6,381 cr

RIL earned $10.1 on turning every barrel of crude oil into fuel as compared to a gross refining margin of $9.3 per barrel in the fourth quarter of previous 2013-14 fiscal. #Reliance Industries #Mukesh Ambani #CompanyWatch #Petroleum #refining
Tax benefits in retirement plans fire up mutual funds

Apr 13, 2015

Tax benefits in retirement plans fire up mutual funds

At present, only two fund houses have retirement-linked pension plans Franklin Templeton Pension Fund and UTI Retirement Benefit Pension Fund. #Investing #NewsTracker #SEBI #Personal finance #Income Tax act #Reliance Capital Asset Management Company #IDBI Retirement Savings Fund #Retirement plans
Spectrum auction fallout: M&As, virtual telcos, and a white elephant called BSNL

Apr 11, 2015

Spectrum auction fallout: M&As, virtual telcos, and a white elephant called BSNL

The telecom industry will have fewer big players and many more niche players as a result of the recent spectrum auctions which drew revenues of nearly Rs 1.1 lakh crore. #Vodafone #Idea #Airtel #Spectrum Auctions #Reliance Jio #Big Four
Bond sales gain traction, jump 30% to $14.9 bn in Jan-Mar

Apr 03, 2015

Bond sales gain traction, jump 30% to $14.9 bn in Jan-Mar

In total the rupee-denominated bonds touched Rs 76,820 crore in the January-March quarter, up 33.3 percent compared to the same period last year when it had stood at Rs 57,630 crore. #Economy #Reliance Industries #Rupee #NewsTracker #Axis Bank #Bond #Rural Electrification
Govt makes green norms easier for new coal block allottees

Apr 02, 2015

Govt makes green norms easier for new coal block allottees

The Centre has recently auctioned 29 blocks in two phases to companies like Monnet, GMR Chhattisgarh, Hindalco, Reliance Cement among others, garnering about Rs 2 lakh crore. #Economy #Hindalco #NewsTracker #Supreme Court #Environment Ministry #Coal block #Reliance Cement #Coal mines #Environment clearance #Monnet #GMR Chhattisgarh
Sensex logs best fiscal year gain since 2009-10

Mar 31, 2015

Sensex logs best fiscal year gain since 2009-10

Among 30-share Sensex pack, ONGC dropped by 2.51 percent, Tata Steel 1.72 percent, Hindalco 1.71 percent, BHEL 1.53 percent, HDFC Bank 1.32 percent and M&M 1.06 percent. #Business #Sensex #Reliance Industries #Narendra Modi #Tata Motors #Sun Pharma #GAIL #BSE #Cipla #MarketClose #Dr Reddy's Lab
RIL's $15.5 bn capex to increase profits by 50% over FY15-18

Mar 31, 2015

RIL's $15.5 bn capex to increase profits by 50% over FY15-18

Morgan Stanley said RIL's telecom venture launch is nearing, regulatory environment has improved; spectrum auction bidding was rational, and the 4G ecosystem is improving. #Business #Reliance Industries #Energy #Morgan Stanley #CompanyWatch #EBITDA #Petrochemicals #gross refining margins #Gas exploration
Telcos may hike mobile rates to recover spectrum cost: Moody's

Mar 30, 2015

Telcos may hike mobile rates to recover spectrum cost: Moody's

Indian telecom operators are expected to gradually increase rates to recover Rs 1.1 lakh crore they bid for spectrum in the auction that concluded last week, Moody's said on Monday. #India #Bharti Airtel #telecom #NewsTracker #Ravi Shankar Prasad #Tata Teleservices #RCom #Reliance Jio
Airtel, RCom gain capability for 4G service across country

Mar 27, 2015

Airtel, RCom gain capability for 4G service across country

Bharti Airtel and Reliance Communications (RCom) have gained capability to provide 4G services across the country as they bagged requisite spectrum in the concluded spectrum auction. #telecom #NewsTracker #RCom #Airtel #4G #Reliance Jio #LTE technology
Natural gas price to be cut by 9% to $4.56 from 1 Apr

Mar 27, 2015

Natural gas price to be cut by 9% to $4.56 from 1 Apr

The government had in October last year fixed natural gas price at $5.05 per million British thermal unit based on weighted average of international hub rates. This was on gross clarofic value basis. #Economy #Reliance Industries #NewsTracker #Oil Ministry #Natural gas #Dharmendra Pradhan #Oil and Natural Gas Corp #Gross clarofic value #Net clarofic value