In a significant U-turn in its approach towards the ongoing gas dispute with state-run Oil and Natural Gas Corporation (ONGC), the Mukesh Ambani-controlled Reliance Industries Ltd (RIL) has decided to participate in the proceedings of the
Shares of Reliance Industries (RIL) ended higher by 2.5% at Rs 1,052 on the National Stock Exchange (NSE) and BSE, its highest closing level over past 18-months. On June 24, 2014, the stock closed at Rs 1,060 on the NSE and BSE.
It gave strong consolidation breakout with significant rise in trading volumes and crossed and closed above its 200 DMA. It crossed the hurdle of Rs 109 levels and after the struggle of last two years. Thus, it registered two years high levels.
Market closed weekly in negative territory. It witnessed sharp sell off across the board beyond anticipation. It has broken crucial support of 7,714 levels & closed below it at the end of weekly trading session concluding short term trend reversal.
Reliance Industries has disputed the one-man AP Shah Committee constituted by government to decide on the firm's KG gas dispute with ONGC, saying the panel has no legal basis and only arbitration can decide on such disputes, as per the contract.
In the ONGC-Reliance Industries natural gas dispute, the Justice A P Shah Committee on fixing responsibility and compensation has started off on a stormy note with the private sector firm challenging its jurisdiction and deciding not to cooperate.
Shares of Reliance Industries (RIL) have moved higher by 2% at Rs 1,032, bouncing back 3% from intra-day low of Rs 1,000 on the BSE, after block deals aggregating over Rs 600 crore executed in the counter.
There was a time in the early days of the Securities Appellate Tribunal (SAT), then headed by the late C Achuthan, when almost every order from the Securities and Exchange Board of India (Sebi) got struck down.
Reliance Industries (RIL) is drawing the attention of the street with the impending launch of its much awaited 4G service. With RIL having invested heavily in its telecom venture Reliance Jio, its success and return on investments will be crucial.
The CAG has highlighted major shortcomings by the government in the development of the renewable energy sector during the five years ended March 2013. This includes shortfall in achieving targets of 'renewable purchase obligation' and capacity addition,
The Securities Appellate Tribunal (SAT) on Tuesday set aside an order by the Securities and Exchange Board of India (Sebi) against Reliance Petroinvestments (RPIL), a subsidiary of Reliance Industries. The matter pertains to a case of insider trading.
The board of Oil and Natural Gas Corporation (ONGC), led by its vocal independent directors and government nominee, had forced the firm’s management to take legal recourse that has now led to a damning finding that Rs 11,000 crore worth of its
There is a shadow on future production from the five discoveries of the government-controlled Oil and Natural Gas Corporation, after gas reportedly flowed from two of its blocks to the adjacent Reliance Industries units off the Andhra Pradesh coast.