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Reliance Jio subscribers at 72.4 million by December end: RIL

Reliance Jio subscribers at 72.4 million by December end: RIL

Despite facing congestion issues, Reliance Industries on Monday announced its telecom subsidiary Jio has garnered 72.4 million subscribers within four months of commencement of services.

Reliance Industries Limited Q3 net profit rises 3.6% to Rs 7,506 crore

Reliance Industries Limited Q3 net profit rises 3.6% to Rs 7,506 crore

After petrochemical margins made good a drop in its core refinery profits, Reliance Industries today reported a 3.6 per cent rise in its third quarter net profit.

RIL slaps arbitration notice on govt over $1.55 bn demand: Minister

RIL slaps arbitration notice on govt over $1.55 bn demand: Minister

Reliance Industries has slapped an arbitration notice on the government over a demand USD 1.55 billion demand made on it for "unfairly enriching" by producing natural gas belonging to ONGC, Oil Minister Dharmendra Pradhan said today.

RIL serves arbitration notice to government on ONGC gas dispute

Reliance Industries Ltd (RIL) has served a notice to the government for arbitration after the Petroleum Ministry asked it to pay $1.55 billion for allegedly producing gas from a well in the eastern offshore KG Basin connected to a field of state-run Oil and Natural Gas Corp. Ltd (ONGC).

ONGC gas row: Reliance to contest $1.55 billion penalty imposed by government

ONGC gas row: Reliance to contest $1.55 billion penalty imposed by government

India`s Reliance Industries Ltd is to contest a $1.55 billion fine imposed by the government on the company and its partners for selling gas belonging to the blocks of Oil and Natural Gas Corp, Reliance said in a statement.

Reliance Indusries shares down nearly 2% as govt imposes $1.55 bn demand

Shares of Reliance Industries fell by nearly 2 percent today after the government slapped a USD 1.55 billion demand on the company and its partners BP and Niko for "unfairly enriching" by producing natural gas belonging to ONGC.

Govt seeks Rs 10,000 crore from RIL for unduly gaining from gas migration from ONGC's KG Basin

Govt seeks Rs 10,000 crore from RIL for unduly gaining from gas migration from ONGC's KG Basin

Zee Media Bureau

New Delhi: Government has slapped a fine of Rs 10,000 crore on Reliance Industries Limited for unduly gaining from gas migration from ONGC's KG Basin​.

Fitch affirms Reliance Industries' rating at 'BBB-' with stable outlook

Fitch affirms Reliance Industries' rating at 'BBB-' with stable outlook

Fitch Thursday affirmed Reliance Industries' rating at 'BBB-' with a stable outlook on robust refinery and petrochemical business as also "strong growth potential" in recently launched telecom venture.

Reliance Industries-ONGC gas row: Arbitration next port of call

Reliance Industries-ONGC gas row: Arbitration next port of call

As oil regulator DGH finalises the amount Reliance Industries may have to pay for producing ONGC's gas, the matter appears headed for arbitration owing to the premise used by AP Shah Committee that went into the issue.

Sensex dips below 28,000-mark, Nifty under 8,700-level

Sensex dips below 28,000-mark, Nifty under 8,700-level

The Sensex touched a high of 28,163.41 and a low of 27,990.69 in the trade so far.

 

RIL Q2 net profit slumps 23% to Rs 7,206 crore - Analysis

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

RIL's energy biz cash flow to offset outgo on spectrum: S&P

RIL's energy biz cash flow to offset outgo on spectrum: S&P

S&P Global Ratings today said its rating on Reliance Industries is unaffected as the company's energy projects will soon start generating cash flows and offset the impact of outgo because of large spectrum purchase.

Advance tax: SBI, ICICI see sharp fall; LIC, RIL pay more

Traditionally big taxpayers like large banks failed to cheer taxmen with their second quarter advance tax payouts, but others including steel and cement companies have done comparatively better, helping the department remain hopeful of meeting the annual target.

 

Jio won't lose money; expect 18-19% returns: Mukesh Ambani

Jio won't lose money; expect 18-19% returns: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani has said that RIL is not looking for killer returns from its most anticipated telecom venture –Jio.

RIL's Hazira plant under lens for alleged excise duty evasion

RIL's Hazira plant under lens for alleged excise duty evasion

New Delhi: Reliance Industries Ltd's (RIL) Hazira manufacturing unit in Gujarat has come under the scanner of central revenue authorities for alleged excise duty evasion of at least Rs 25 crore.

Reliance Jio tariff good for users, not competition killer: COAI

The telecom operators' association Thursday said Reliance Jio's offer was a "compelling proposition" and good for consumers, but its tariffs cannot be termed as "killer" that will do away with competition.

It's 'data-giri': Mukesh Ambani announces Reliance Jio, offers free voice call for life, cheap data

It's 'data-giri': Mukesh Ambani announces Reliance Jio, offers free voice call for life, cheap data

Storming his way into the telecom industry, India's richest man Mukesh Ambani Thursday announced free voice calls and free national roaming along with rock- bottom data prices on his new Reliance Jio network that will debut on September 5.

Reliance Industries not to withdraw arbitration against govt: Mukesh Ambani

Reliance Industries not to withdraw arbitration against govt: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani Thursday said the company will not withdraw an arbitration it has initiated against the government for disallowing recovery of certain KG-D6 gas field costs - a punishment for gas output targets not being met.

Reliance Jio's low data tariff, zero voice rate raises profitability issue

Reliance Jio's low data tariff, zero voice rate raises profitability issue

At a time when the Indian telecom sector is in stress, with the upcoming spectrum auction expected to add to the burden, the startling Reliance Jio announcement of zero tariff for domestic voice calls in perpetuity, with sharply lower data rates, has aroused questions about the revenue model and profitability of the new player.

Idea, Airtel tank up to 9% on RJio's lower tariff offers

Idea, Airtel tank up to 9% on RJio's lower tariff offers

Idea Cellular tanked 9 percent to Rs 85 -- its 52-week low on BSE.