Govt rebuts Kejriwal’s allegations of favouritism

The government on Thursday strongly rebutted allegations of it showing favouritism towards Reliance Industries.

Why Jaipal Reddy was removed as Oil Minister, asks BJP

Bharatiya Janata Party leader Venkaiah Naidu asked the government to explain why S Jaipal Reddy was shifted from the Oil Ministry.

Cabinet reshuffle: Excited to be Science and Technology Minister, says Jaipal Reddy

I was never happy when I was given Petroleum Ministry similarly now I am not, Jaipal Reddy said to the reporters.

Reunion of Ambani brothers raises hope of deals

The show of unity by India`s richest family came more than a year after Mukesh and Anil Ambani buried the hatchet in a five-year battle that split the business empire inherited from their father, but family watchers were sceptical that the reunion would result in renewed business ties.

OSRTC - Reliance pact may land in trouble

The PIL filed by Cuttack Bachao Andolan had urged the High Court to scrap the agreement in which OSRTC had leased out about 2.605 acres of its land located near Badambadi bus terminus here to the Reliance group.

Mukesh Ambani joins World Eco Forum board

Top Indian industrialist Mukesh Ambani on Friday joined the foundation board of World Economic Forum (WEF), an independent international grouping of business leaders from across the world.

Sensex up 23 points in opening trade

Sensex moved up for the second consecutive day Tuesday, gaining nearly 24 points in early trade on continued buying by funds and retail investors supported by firming Asian bourses.

Is Reliance Industries` underperformance a blip?

Shares of India`s biggest listed company Reliance Industries are down since mid-June, compared with the rising benchmark index, in an unusual occurrence for a firm seen as a bellwether for the country`s stock market.

Prospecting licence for diamond mining to RIL subsidiary

Reliance Industries has won a
licence for diamond mining in Madhya Pradesh and will invest
Rs 1,000 crore in the mines measuring 1,800 sq kms.

RIL Q2 net profit down 6.4% to Rs 3,852 cr

RIL today reported 6.41% drop in its
net profit at Rs 3,852 cr for the 2nd quarter of the current fiscal.

Mukesh Ambani sets `example` by taking hefty salary cut

Aiming to set a "personal example" of moderation in executive salaries, Reliance Industries Thursday said its chief Mukesh Ambani has decided to lower his pay package by nearly two-thirds to Rs 15 crore for 2008-09.

Reliance Industries wins city-gas rights for 3 cities

Reliance Industries has bagged rights to retail CNG to automobiles and pipe gas to households in two cities of Andhra Pradesh and one in Madhya Pradesh.

Bharti topples Reliance Industries as top fund bet

Leading mobile operator Bharti Airtel replaced Reliance Industries as the most preferred stock of domestic fund managers in July.

Review of Reliance Industries gas not over yet: Auditor

India`s official auditor has on record said his office was yet to ratify the Rs.45,000 crore ($9 billion) capital expenditure claimed by Mukesh-led Reliance Industries for tapping natural gas from the Krishna-Godavari basin.

RIL Q1 net drops 11.53% to Rs 3,636 cr

Mukesh Ambani-promoted Reliance Industries on Friday reported 11.53 per cent decline in net profit at Rs 3,636 crore for the first quarter ended June 30, 2009, over the same period last year.

Reliance Q1 net down 11.5 pct; misses forecasts

Reliance Industries, India`s top energy firm, on Friday reported an 11.5 per cent fall in quarterly net profit, a sharper drop than the
market had been expecting.

Reliance Petroleum posts Rs 105 cr profit in Q1

Mukesh Ambani-promoted Reliance Petroleum on Friday reported a net profit of Rs 105 crore for the first quarter ended June 30, 2009.