Reliance Industries is facing a 40 per cent cut in the marketing margin it charges on selling its KG-D6 gas to fertiliser and LPG plants after the government notified a ceiling of Rs 200 per thousand standard cubic meters (scm).
Reliance Industries electronics retail chain, Reliance Digital, has raced ahead of the Tata Group in the consumer electronics and cellphone retailing business, becoming the country's largest seller of durable and technology products.
Fitch Ratings today slashed the telecom sector outlook to 'negative' from 'stable' for 2016 and said the impending entry of Reliance Jio will increase the competition and pressurise credit profiles of top-four telcos.
NiftyCLOSE-7,954.30 (06.11.2015)Nifty closed 2nd consecutive week in negative territory. It slow but steady extending towards lower levels as anticipated. It has achieved my first short term target of 7960 levels as expected last week.
The less-than-anticipated gas production from Reliance Industries' flagship KG-D6 fields may have impacted fortunes of a number of its customers, but the company and its two partners have made almost two dozen interventions to arrest the decline from D1
In the last few years, litigation between India's largest company by revenues, Reliance Industries, and the Indian government and public sector companies has increased, putting at risk investments worth billions of dollars on all sides.
Reliance Industries has rallied 5% to Rs 956 on the BSE in early morning trade after the company reported a better-than-expected 12.5% rise in consolidated net profit at Rs 6,720 crore for the quarter ended September on back of higher refining margin.
Reliance Industries (RIL) is expected to post a four to five per cent drop in consolidated net profit for the September quarter from the one in June, on the back of lower gross refining margins (GRMs).
Reliance Industries Ltd (RIL) and Oil and Natural Gas Corporation (ONGC) might have to amicably settle their dispute with regard to gas flow in the Krishna-Godavari basin to prevent a long-drawn legal battle.
Some natural gas from the fields of Oil and Natural Gas Corp (ONGC) in the Bay of Bengal might have flown out through the adjoining, connected KG-D6 fields of Reliance Industries Ltd (RIL), said a PTI report quoting US consultant DeGolyer and
Shares of Reliance Industries Ltd (RIL) slipped 2.7% to 889.15 on the Bombay Stock Exchange (BSE) after a news channel said that the draft report from international consultant DeGolyer and MacNaughton has indicated that there was extraction of natural gas
The much-awaited report of the technical consultant on the dispute related to natural gas reserves in the Krishna-Godavari (K-G) basin between India’s largest oil companies — state-owned Oil and Natural Gas Corporation (ONGC) and Reliance