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RCom aims to lower debt by 37% to Rs 25,500 cr in 1 year

Last Updated: Sunday, August 17, 2014, 18:42

The Anil Ambani-led company plans to use the key infrastructure-- mobile towers and optical fibre-- of his elder brother Mukesh Ambani's company Reliance Jio Infocomm for future expansion rather making its own fresh investments

Top 5 richest Indians have half of nation's billionaire wealth

Last Updated: Wednesday, August 13, 2014, 14:37

Mukesh Ambani remains the richest man in the country with an estimated net worth of USD 24.4 billion (about Rs 1,49,474 crore).

Sebi fines RIL Rs 13 crore for non-disclosure of earnings ratio

Last Updated: Friday, August 08, 2014, 17:55

In one of its biggest penalties for non-disclosure of a key earnings ratio, Sebi on Friday imposed a penalty of Rs 13 crore on corporate behemoth Reliance Industries Ltd (RIL) for violation of the Listing Agreement.

Reliance heirs: Akash Ambani, Jai Anmol join business

Last Updated: Friday, August 08, 2014, 10:52

Following in their fathers' footsteps, the third generation Ambani scions have joined Reliance business.

KG basin dispute: Fresh plea for appointment of arbitrator

Last Updated: Friday, July 25, 2014, 22:02

A fresh plea was today made in the Supreme Court for appointment of a third arbitrator to resolve the dispute between the Centre and Mukesh Ambani-led Reliance Industries Ltd (RIL) on KG basin in the wake of an Australian judge recusing himself.

FIIs up stake in Reliance Industries to 7-yr high at about 20%

Last Updated: Sunday, July 20, 2014, 13:54

Foreign investors have hiked their stake in corporate behemoth Reliance Industries (RIL) to a seven-year high of about 20 percent, even as holding of small individual investors has slipped below 10 percent.

Reliance Retail's Q1 turnover up 14.5% to Rs 3,999 cr

Last Updated: Saturday, July 19, 2014, 22:36

It had a turnover of Rs 3,492 crore in Q1, 2013-14.

RIL becomes first private company to post $1 billion quarterly profit

Last Updated: Saturday, July 19, 2014, 20:33

Reliance Industries posted a 13.7% jump in its first quarter net profit to almost $1 billion, the highest quarterly profit by a private firm.

Reliance Industries Q1 earning up 13.7% at Rs 5,957 crore

Last Updated: Saturday, July 19, 2014, 18:16

Consolidated net profit in April-June quarter at Rs. 5,957 crore was 13.7 per cent higher than Rs. 5,237 crore in the same period a year ago.

Arvind Kejriwal `surprised` at Central govt`s decision to impose penalty on Reliance

Last Updated: Monday, July 14, 2014, 19:55

Surprised to find that the Central government had slapped an additional penalty of USD 579 million on Reliance Industries for producing less than targeted natural gas from its KG-D6 block, Aam Aadmi Party convenor Arvind Kejriwal on Monday raised doubts on what made Modi government take such a step.

Govt slaps $579 mn additional penalty on RIL

Last Updated: Monday, July 14, 2014, 16:09

With this, the total penalty on RIL for missing the target in four fiscal years beginning April 1, 2010 now stands at a cumulative USD 2.376 billion.

Government slaps $579 mn additional penalty on RIL

Last Updated: Monday, July 14, 2014, 15:53

The total penalty now stands at USD 2.37 billion. The penalty in the form of disallowing costs incurred on the field is for missing the target in 2013-14.