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Reliance Industries
Business  /  Published 25.02.21

RIL invites bids for coal gas

Reliance Industries on Wednesday sought bids from the buyers of coal gas produced from its CBM blocks in Madhya Pradesh at a minimum price of about $6 at the current oil price. It sought bids for 0.82...
By Our Special Correspondent in New Delhi

Business  /  Published 24.02.21

RIL unveils O2C spinoff plan

Reliance Industries Ltd (RIL) expects to get all the necessary approvals to hive off its oil-to-chemicals (O2C) business into a separate unit by the second quarter of the next fiscal year, paving the ...
By Our Special Correspondent in Mumbai

India  /  Published 22.02.21

Amazon: SC notice to Future Retail

The Supreme Court on Monday sought responses from Future Retail Ltd and others on Amazon's plea against the Delhi High Court direction to maintain status quo on the Future-Reliance deal. A bench ...
By Our Bureau, Agencies in New Delhi

Business  /  Published 17.02.21

Lenders mull options on Future debt

Future Group’s creditors are exploring options to recover more than $2.5 billion in loans, amid worries the Indian retailer’s planned sale of assets to Reliance Industries could fail, four...
By Reuters in Mumbai

Business  /  Published 08.02.21

Reliance O2C gets bulk of own gas

Billionaire Mukesh Ambani’s Reliance Industries has picked up two-thirds of its own new gas from the KG-D6 block that was auctioned under the new rules with state-owned GAIL and Royal Dutch Shel...
By PTI in New Delhi

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Business  /  Published 05.02.21

RIL sells US shale gas asset

Reliance Industries Ltd (RIL) has sold its stake in a shale gas asset in the US to Northern Oil and Gas Inc for $250 million. RIL, which was once bullish on shale gas, has been divesting these assets ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.01.21

RIL loses points as Nifty plunges

A sell-off in the banking counters and Reliance Industries Ltd (RIL) ripped 938 points off the Sensex on Wednesday, while the Nifty plunged below the psychological 14000-level. The indices fell for t...
By Our Special Correspondent in Mumbai

Business  /  Published 26.01.21

RIL stock battered, cedes ground to TCS

Reliance Industries’ decision to stop showing its refining margins in its quarterly numbers pulled down the stock on Monday, while TCS pipped the company to the top spot in market capitalisation...
By Our Special Correspondent in Mumbai

Business  /  Published 26.01.21

Amazon bid to block Future deal

Amazon.com Inc has moved the Delhi high court to block Future Group from selling its retail assets to Reliance Industries (RIL). The move comes days after stock exchanges and market regulator Sebi gav...
By Our Special Correspondent in Mumbai

Business  /  Published 25.01.21

RIL spins off oil-to-chem unit

Mukesh Ambani’s Reliance Industries Ltd has completed the spin-off of the firm’s oil-to-chemical business into a new unit that will help it pursue growth opportunities with strategic partn...
By PTI in


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