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Reliance Industries Q4 net profit up at Rs 5,631 crore

Last Updated: Friday, April 18, 2014, 18:25

Reliance Industries on Friday reported marginal rise in net profit to Rs 5,631 crore in the March-quarter.

Oil ministry seeks more flexibility for exploration companies

Last Updated: Monday, April 14, 2014, 18:38

The Oil Ministry has approached the Cabinet to give companies including Cairn India and Reliance Industries greater flexibility to continue exploring for oil and gas even after the expiry of deadlines.

RIL says new gas rates to be effective April 1

Last Updated: Wednesday, April 09, 2014, 18:01

After agreeing to temporarily sell gas to urea plants on old terms, Reliance Industries has told its sole customers the new formula, which almost doubles the price of the fuel, will apply from April 1.

Oil regulator seeks consultants to set RIL marketing margin

Last Updated: Tuesday, April 08, 2014, 17:41

Oil regulator PNGRB plans to hire consultants to advise it on fixing the margin that natural gas marketers such as Reliance Industries and GAIL India can charge from urea manufacturers and LPG plants.

SC appoints international arbitrator on KG basin dispute

Last Updated: Tuesday, April 01, 2014, 01:07

The Supreme Court Monday decided to appoint an international arbitrator as the Chairman for adjudication of dispute between Reliance Industries Ltd and the government over recovery of cost for developing the country's key natural gas field in KG basin.

RIL, fertiliser companies fail to agree on gas supply terms

Last Updated: Monday, March 31, 2014, 23:21

After an almost five-hour marathon meeting between RIL and urea companies, the two sides failed to settle on the rate at which gas supplies should be securitised.

Attack on Ambani at behest of vested interest: Sharma

Last Updated: Thursday, March 27, 2014, 23:36

Coming to the defence of RIL head Mukesh Ambani, Commerce Minister Anand Sharma Thursday said Aam Aadmi Party attack on "globally acknowledged and celebrated" industry leader could be at the behest of vested interest.

RIL, Oil India win two oil blocks each in Myanmar

Last Updated: Wednesday, March 26, 2014, 22:19

Reliance Industries won two of the three offshore oil and gas blocks it bid for in Myanmar while ONGC Videsh Ltd drew a blank in the two areas it vied for.

Allegations on Gujarat farm land 'baseless', says RIL

Last Updated: Wednesday, March 26, 2014, 22:15

Reliance Industries Wednesday dubbed as "baseless and without any substance" allegations that it got farm land at concessional rates in Gujarat.

OilMin summons RIL, consumers to discuss extending gas sales

Last Updated: Wednesday, March 26, 2014, 19:58

The Oil Ministry has summoned Reliance Industries and consumers who use its KG-D6 gas for a meeting later this week to decide on extending sales contract beyond March 31.

Gas price hike put on hold on EC direction: Centre to SC

Last Updated: Tuesday, March 25, 2014, 21:26

The Centre Tuesday informed Supreme Court that the hike in the gas prices would be kept on hold as the Election Commission has asked it to wait till the completion of the general elections.

RIL to charge KG-D6 gas consumers on revised terms from April

Last Updated: Monday, March 24, 2014, 22:29

Reliance Industries on Monday said it will from next month charge consumers of its KG-D6 gas on changed terms as the gas pricing formula to be implemented from April has components that will result in rate on gross calorific value basis.