Petroleum Minister Dharmendra PradhanThe government will seek compensation from the Mukesh Ambani-promoted Reliance Industries (RIL) for producing natural gas that migrated from an adjoining block of Oil and Natural Gas Corporation.
Buying more time, the Oil Ministry has asked its technical arm, Directorate General of Hydrocarbons (DGH), to quantify the compensation Reliance Industries (RIL) has to pay for drawing out natural gas belonging of state-owned ONGC.
A day after the telecom regulator spoke on the quality of service faced by consumers due to the raging battle between incumbent telecom operators and Reliance Jio, a letter from Airtel made it clear that it had augmented the interconnect capacity but
Sectoral regulator Trai has called a meeting with telecom operators on Friday as the incumbents had complained to it that Reliance Jio is offering predatory pricing as the Mukesh Ambani firm's voice tariffs are zero or free.
Airtel on Tuesday blamed Reliance Jio itself for network connectivity issues and call failures, saying they are due to Jio's own "under-preparedness", insufficient testing efforts and acquiring a large number of customers at the pre-launch stage
As call failures are mounting because of the tussle between Reliance Jio and incumbent operators over points of interconnect (PoIs), the Telecom Regulatory Authority of India (Trai) has decided to issue show cause notices to errant telcos for failing to
Reliance Industries (RIL), Bharat Petroleum Corporation (BPCL), Indian Oil Corporation (IOC) and Castrol India from the S&P BSE Oil & Gas index hitting their respective 52-week highs in intra-day trade on Monday.
HDFC Bank, Maruti Suzuki India and Eicher Motors from the benchmark Nifty50 index have hit their respective lifetime highs, while Reliance Industries (RIL) has touched fresh 52-week high on the National Stock Exchange (NSE) on Thursday.
Mukesh Ambani’s Reliance Jio issued yet another statement against incumbent operators which said that despite repeated reminders and bilateral meetings with incumbent operators and claims made by them, hardly any new interconnection capacity has
Mobile operators, including Bharti Airtel, Vodafone and Reliance Jio, have submitted call traffic data to Trai, a move that will enable the regulator to look at the pattern, including asymmetric traffic on networks, as part of its consultation on
Reliance Industries (RIL) was up 2.2% at Rs 1,089, extending its Thursday’s 2% gain on the BSE. The stock is currently trading close to its 52-week high of Rs 1,090 touched on January 15, 2016 in intra-day trade.
Bogged down by rising non-performing assets, State Bank of India (SBI), the country's largest lender, on Thursday reported a 25.9 per cent decline in its advance tax payment for Q2 FY17. The bank paid Rs 1,200 crore as advance tax, compared with Rs 1,620
Mukesh Ambani-owned Reliance Industries Limited is the biggest defaulter of Mumbai Metropolitan Region Development Authority (MMRDA), with dues of over Rs 1,576 crore against it, shows an right to information (RTI) response.