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RIL NEWS IN ENGLISH

  • ril to invest 5 bn in reversing kg d6 output fall

    RIL to invest $5 bn in reversing KG-D6 output fall

    May 09, 2013 16:22 IST

    New Delhi, May 9: With gas output from its flagship KG-D6 fields dipping to an all-time low, Reliance Industries Chairman Mukesh Ambani has said the company will invest over $5 billion in "a series of

  • oil regulator dgh wants ril to give up 86 per cent of kg d6

    Oil regulator DGH wants RIL to give up 86 per cent of KG-D6

    April 29, 2013 12:50 IST

    New Delhi, April 29: Oil regulator Directorate General of Hydrocarbons (DGH) wants Reliance Industries to give up 86 per cent of its KG-D6 gas block area, including eight gas discoveries worth at least $5 billion,

  • ril earns nearly rs. 8 000 cr from treasury operations

    RIL earns nearly Rs. 8,000 cr from treasury operations

    April 21, 2013 15:58 IST

    New Delhi, April 21: Sitting on a huge cash pile of nearly Rs. 83,000 crore, polyester-to-petroleum-to-retail conglomerate has earned close to Rs. 8,000 crore through its treasury operations - investments of surplus funds in financial

  • reliance industries q4 net profit rises 32 to rs 5 589 cr

    Reliance Industries Q4 net profit rises 32% to Rs 5,589 cr

    April 16, 2013 18:36 IST

    New Delhi, April 16: Reliance Industries on Tuesday reported a 32 percent jump in its fourth quarter net profit to Rs 5,589 crore on the back of robust refining margins.Net profit in January-March quarter rose

  • ril stops supplies to power plants minister wants egom meet

    RIL stops supplies to power plants; minister wants EGoM meet

    April 08, 2013 17:30 IST

    New Delhi, April 8: New Delhi: Reliance Industries Ltd (RIL) has stopped gas supplies to power plants after output of its KG-D6 block hit an all-time low, prompting Power Minister Jyotiraditya Scindia to press for

  • ril gas output falls to all time low shuts 8th well in kg d6

    RIL gas output falls to all time low; shuts 8th well in KG-D6

    January 22, 2013 18:23 IST

    New Delhi, Jan 22: Reliance Industries has shut its eighth well on the main gas fields in KG-D6 block, leading to output plummeting to all time low of 20.88 mmscmd.RIL, on January 9, shut the

  • ril posts 24 rise in december quarter net to rs 5 502 cr

    RIL posts 24% rise in December quarter net to Rs 5,502 cr

    January 18, 2013 18:37 IST

    New Delhi, Jan 18: Reliance Industries on Friday reported a 24 per cent jump in its December quarter net profit to Rs 5,502 crore.Net profit of Rs 5,502 crore in October-December bettered Rs 4,440 crore

  • ril cairn get nod for exploration in producing fields

    RIL, Cairn get nod for exploration in producing fields

    January 04, 2013 17:16 IST

    New Delhi, Jan 4: In his first major decision, Oil Minister M Veerappa Moily has allowed Reliance Industries and Cairn India to explore for oil and gas within the producing fields subject to certain conditions.The

  • ril buys back shares worth rs 3 800 crore

    RIL buys back shares worth Rs 3,800 crore

    December 30, 2012 14:31 IST

    New Delhi, Dec 30: Reliance Industries has bought back shares worth over Rs 3,800 crore from public shareholders since the launch of its share repurchase programme in February -- achieving 37% of the target with

  • ril buys back 4.62 crore shares

    RIL buys back 4.62 crore shares

    December 26, 2012 11:03 IST

    New Delhi, Dec 26: Reliance Industries (RIL) has bought back 46,226,280 shares for Rs 3,358.91 crore as of December 24, the company said in a statement. The average price of buyback was Rs 726.62.The buyback

  • ril opposes uniform marketing margin for natural gas

    RIL opposes uniform marketing margin for natural gas

    December 09, 2012 14:28 IST

    New Delhi, Dec 9: Reliance Industries has opposed a move to make marketing margin charged by it and other sellers of domestically produced natural gas uniform, while giving gas importers a free hand, saying that

  • m cap of top five companies rise by rs 31 242 crore ril

    M-cap of top five companies rise by Rs 31,242 crore; RIL biggest gainer

    December 09, 2012 12:13 IST

    Mumbai, Dec 9: Led by Reliance Industries, the combined market valuation of the five most valued companies rose by Rs 31,242 crore last week amid a flat stock market. Energy major RIL's market capitalisation (m-cap)

  • ril fined 1 bn for shortfall in kg d6 gas production

    RIL fined $1 bn for shortfall in KG-D6 gas production

    November 28, 2012 10:26 IST

    New Delhi, Nov 28: The government has disallowed $1 billion expense on Reliance Industries (RIL) operated KG-D6 gasfields in Andhra Pradesh for not implementing the approved field development plan, parliament was told on Tuesday."The average

  • ril agrees to cag scrutiny of expenses in kg d6 gas block

    RIL agrees to CAG scrutiny of expenses in KG-D6 gas block

    November 25, 2012 12:08 IST

    New Delhi, Nov 25: Softening its stand on CAG audit, Reliance Industries has agreed to a scrutiny of its expenses in the flagging KG-D6 gas block by the official auditor even after expiry of the

  • ril to convert two sick oil wells into gas at kg d6

    RIL to convert two sick oil wells into gas at KG-D6

    September 12, 2012 18:29 IST

    New Delhi, Sept 12: Reliance Industries plans to drill one gas well and convert two sick oil wells into gas wells on the MA oilfield in the predominately gas-rich KG-D6 block as part of its

  • ril s q1 net dips 21 pc on falling gas output

    RIL's Q1 net dips 21 pc on falling gas output

    July 20, 2012 20:45 IST

    Mumbai, Jul 20: Reliance Industries today reported 21 per cent drop in net profit in the April-June quarter at Rs 4,473 crore because of falling output at its showpiece gas field off the Andhra coast.Net

  • ril to reopen petrol pumps in gujarat to sell at par with

    RIL to reopen petrol pumps in Gujarat, to sell at par with PSUs

    July 01, 2012 13:58 IST

    Ahmedabad, Jul 1: Reliance Industries will reopen its retail petrol pumps in Gujarat and begin selling the fuel at the same price as charged by PSU oil companies, the company said today.Out of the 60

  • ril demands higher gas price from 2014

    RIL demands higher gas price from 2014

    June 26, 2012 19:53 IST

    New Delhi, Jun 26: Reliance Industries has demanded tripling of its KG-D6 gas price from April 1, 2014 after the current below-market rate of $ 4.205 per mmBtu expires. RIL on June 15 wrote to

  • sensex plunges 277 pts on heavy selling

    Sensex plunges 277 pts on heavy selling

    April 23, 2012 18:47 IST

    Mumbai, Apr 23: The BSE benchmark Sensex tumbled 277 points to 17,096.68 today on across-the-board selling led by heavyweight Infosys ahead of settlement in this month's derivatives contracts and weak global markets.Infosys dropped 3.92 per

  • ril moves sc seeking arbitration on kg basin

    RIL Moves SC Seeking Arbitration On KG Basin

    April 18, 2012 19:29 IST

    New Delhi, Apr 18: Mukesh Ambani-led Reliance Industries Ltd (RIL) today approached Supreme Court seeking appointment of an arbitrator on behalf of government to decide its dispute with it over recovery of cost for developing

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