Last Updated: Thursday, June 26, 2014, 18:04
A full bench of the Securities Appellate Tribunal (SAT), headed by presiding officer JP Devdhar, on Thursday concluded the hearing on the nearly four-year- long insider trading case against Reliance Industries and said it will pronounce the order on June 30.
Last Updated: Wednesday, June 25, 2014, 20:40
In a setback to gas producers like Reliance Industries, the government on Wednesday postponed revision in natural gas prices by three months pending a "comprehensive" review to make a controversial pricing formula more palatable.
Last Updated: Wednesday, June 25, 2014, 15:41
The government plans to impose an additional penalty of USD 578 million on Reliance Industries for producing less-than-targeted natural gas from its eastern offshore KG-D6 block.
Last Updated: Wednesday, June 25, 2014, 12:17
Shares of leading telecom operator Reliance Communications (RCOM) fell Wednesday after the company priced a proposed share sale for institutional investors at a discount to the current market price.
Last Updated: Wednesday, June 25, 2014, 11:31
The company, which opened the qualified institutional placement (QIP) at a price of Rs 142.13 a share, got total bids of more than Rs 12,000 crore, of which it retained Rs 4,800 crore, sources said.
Last Updated: Wednesday, June 25, 2014, 10:49
People familiar with the matter said the company received total bids of about Rs 120 billion.
Last Updated: Wednesday, June 25, 2014, 09:45
Shares of Reliance Communications Ltd fell 2.2 percent after the company said on Tuesday it is launching a share sale to institutional investors as it looks to reduce debt.
Last Updated: Tuesday, June 24, 2014, 18:04
The Bombay High Court Tuesday asked the Centre to direct the fare fixation committee to expeditiously fix the tariff of the 11.4-km Mumbai Metro rail corridor which connects Versova in the west to Ghatkopar in the east.
Last Updated: Tuesday, June 24, 2014, 18:01
The offer price of the QIP has been fixed at Rs 142.13 a share, which is a 5 percent discount to the floor price of Rs 149.61.
Last Updated: Tuesday, June 24, 2014, 17:53
The Bombay High Court on Tuesday dismissed a petition filed by the Mumbai Metropolitan Region Development Authority (MMRDA) where in it challenged the fare hike of the Mumbai metro by Reliance Infrastructure.
Last Updated: Sunday, June 22, 2014, 02:03
Reliance Capital Asset Management's open-ended equity growth scheme, Reliance Growth Fund, has achieved a net asset value (NAV) of Rs 600.
Last Updated: Thursday, June 19, 2014, 22:11
Mukesh Ambani, chairman of Reliance Industries which operates the world's largest single-location oil refinery at Jamnagar, Thursday said the crisis in Iraq will lead to higher fuel prices which in turn will raise inflation.
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