Reliance Industries | The Asian Age

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Global oil major BP said on Monday fuel price controls were “not good”, days after India asked state-run fuel retailers to shield customers from record-high costs by cutting margins.

BP criticises price controls, days after India cuts cost of fuel

BP has a tie-up with Reliance Industries, owner of the world’s biggest refining complex.

16 Oct 2018 10:28 AM

Seven of the 10 most valued Indian companies suffered a cumulative erosion of Rs 89,779.67 crore in market valuation last week, in tandem with a weak broader market.

Seven of top-10 companies lose Rs 89,779 crore in market valuation

Over the last week, the Sensex lost a hefty 1,249.04 points, or 3.28 per cent, to end at 36,841.60.

23 Sep 2018 12:59 PM

Reliance Jio said on Friday it has entered into a five-year partnership pact with Star India to live-stream T20, ODI, test cricket matches on its JioTV app. (Photo: PTI)

Jio signs pact with Star India to bring all cricket matches on its app

Jio promises to continue to bring a superlative customer experience in the areas of sports.

21 Sep 2018 7:28 PM

Output has been declining since then it produced 0.14 million barrels (1960 tonnes) in April-June quarter this year.

Reliance permanently shuts down MA oil field in KG-D6 block

For Q1 FY19, MA field contributed less than 0.1 per cent in terms of revenue at RIL consolidated level.

21 Sep 2018 1:15 PM

The Law Ministry has held that an international arbitration panel's ruling rejecting the government's demand for USD 1.5 billion from Reliance Industries and its partners for allegedly siphoning gas from fields of ONGC is a fit case for appeal, sources in know of the development said. (Photo: PTI)

Govt to appeal against panel rejecting its USD 1.5 bn claim against Reliance

It felt the award is a fit case for a challenge in the High Court.

16 Sep 2018 11:23 AM

Reliance Retail has purchased 16.31 per cent stake in readymade garment wholesaler and retailer Genesis Colors Ltd (GCL) for Rs 34.80 crore, Reliance Industries said on Sunday.

Reliance buys 16.31 pc in Genesis Colors, acquires stake in 5 more cos

Reliance Retail Ventures Ltd (RRVL) is a subsidiary of Mukesh Ambani-led Reliance Industries.

09 Sep 2018 4:32 PM

Reliance Industries Limited (RIL) on Monday made an offering of Rs 1.1 crore to the famous hill shrine of Lord Venkateswara at nearby Tirumala. (Photo" PTI)

Reliance Industries donates Rs 1.1 crore to Tirumala temple

It also requested that the money be used for the temple-run Sri Venkateswara Praanadaana Trust here.

03 Sep 2018 8:08 PM

Tata Consultancy Services on Friday regained its status as the country's most valued firm by market valuation after a week, surpassing RIL.

TCS pips RIL again to become most valued firm by market capitalisation

At close of trade on Friday, the market capitalisation (m-cap) of TCS stood at Rs 7,95,654.49 crore.

31 Aug 2018 7:24 PM

Stocks ended at record highs for the second day in a row today on fresh foreign fund inflows and unabated buying by domestic investors in bluechips led by Reliance Industries, HDFC, HDFC Bank and Maruti Suzuki.

Stocks at new highs on upbeat global cues; Nifty ends above 11,700

The BSE Sensex rose by 202.52 points or 0.52 per cent to close at a fresh record high of 38,896.63.

28 Aug 2018 4:08 PM

Benchmark indices continued their record-setting trend for the second straight session with the BSE Sensex soaring 182 points to an all-time high of 38,875.86 on heavy buying by foreign funds and domestic institutional investors, tracking strong global markets. (Photo: AP)

Sensex, Nifty hit new highs on strong global cues

Index heavyweight Reliance Industries was quoting at an all-time high of Rs 1,304.30.

28 Aug 2018 10:31 AM

Reliance’s valuation hits Rs 8 lakh crore

The rally helped both Sensex and Nifty to scale new high despite weakness in emerging market currencies amid fresh trade war concerns.

24 Aug 2018 12:40 AM

On July 13, the market valuation of RIL surged past Rs 7 lakh crore mark, making it the second company after TCS to achieve this milestone.

RIL's market cap breaches Rs 8 lakh-cr mark

RIL shares rose 1.72 per cent to hit a record high of Rs 1,268 per scrip in the afternoon trade on BSE.

23 Aug 2018 2:43 PM

Over the last few days RIL and TCS are competing with each other to claim the number one position in terms of market capitalisation.

RIL pips TCS once again to become most valued firm

RIL commanded a market capitalisation of Rs 7,82,636.38 crore, while India's largest IT firm by revenue.

21 Aug 2018 8:50 AM

Reliance Industries, which operates the world’s largest refining complex, has declared force majeure on gasoline exports from its Jamnagar site, three sources said on Wednesday. (Photo: PTI)

Reliance declares force majeure on gasoline from Jamnagar plant: sources

At least two gasoline cargoes scheduled for this month’s loading were affected.

15 Aug 2018 12:55 PM

In a rebuff to BP plc, an international tribunal has held that the British energy giant cannot claim any legal cost from the Indian government.

Tribunal rejects BP's claim for legal cost against govt

Dharmendra Pradhan last week said the government will challenge the award in Delhi High Court.

12 Aug 2018 11:53 AM

An international arbitration tribunal has rejected Indian government's claim of USD 1.55 billion against Reliance Industries and its partners for allegedly syphoning gas from deposits they had no right to exploit. (Photo: PTI)

Reliance Industries wins arbitration award in gas dispute with govt

The Consortium is not liable to pay any amount to the Government of India.

01 Aug 2018 12:57 PM

The world's 500 largest companies generated USD 30 trillion in revenues and USD 1.9 trillion in profits in 2017. (Photo: AP)

IOC tops 7 Indian firms on Fortune 500 list, RIL jumps 53 places

Indian Oil Corp with 23 per cent rise in revenues at USD 65.9 billion was ranked 137th from 168th position.

01 Aug 2018 12:56 PM

Reliance Jio on Friday said its standalone net profit has increased 19.9 per cent to Rs 612 crore for the three month period ended on June 30, 2018, as against the preceding quarter. (Photo: AFP)

Reliance Jio Q1 net profit up 20 per cent to Rs 612 crore

Jio continues on its path to drive digital revolution in India, said Mukesh Ambani.

27 Jul 2018 7:52 PM

Reliance Industries on Friday reported a record Rs 9,459 crore net profit in April-June on the back of near doubling of earnings from mainstay petrochemical business. (Photo: PTI)

Reliance reports record quarterly net profit of Rs 9,459 crore in Q1

Reliance said pre-tax profit from petrochemical business was up 94.9 per cent to Rs 7,857 crore.

27 Jul 2018 7:45 PM

The government has moved Delhi High Court to enforce a USD 3.8 billion recovery from Reliance Industries, Shell and ONGC.

Govt moves Delhi HC to recover USD 3.8 bn from Reliance, Shell, ONGC

The liability is to be split between the three companies in proportion to their stake in the fields.

25 Jul 2018 5:27 PM

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Farrukh Dhondy