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RIL inks pact for US ethane to feed Jamnagar cracker unit

Last Updated: Wednesday, August 20, 2014, 21:03

Reliance Industries Wednesday said it has entered into agreements to long haul US-produced ethane to feed its cracker at the Jamnagar refining and petrochemical complex in Gujarat.

Govt plans to stop RIL from selling crude to Jamnagar refinery

Last Updated: Wednesday, August 20, 2014, 15:56

Jamnagar refinery of RIL won the tender as CPCL offered a pricing formula that was about USD 4-5 per barrel less than the formula quoted by the private sector refiner.

Setback to OilMin: GAIL, CPCL refuse to comply with KG-D6 order

Last Updated: Tuesday, August 19, 2014, 16:26

GAIL and CPCL have expressed their inability to deduct USD 115 million from the amount due to Reliance Industries.

OilMin rebukes ONGC for making "frivolous allegations"

Last Updated: Monday, August 18, 2014, 19:41

ONGC had on May 15 filed a petition in the Delhi High Court alleging that RIL may have drawn natural gas worth thousands of crores of rupees from its fields that sit next to Mukesh Ambani-run firm's KG-D6 block Krishna Godavari basin.

Reliance Communications Q1 net profit up 22% at Rs 132 cr

Last Updated: Thursday, August 14, 2014, 19:05

Telecom operator Reliance Communications Thursday posted over 22 percent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.

Delhi anti-graft agency says Reliance gas probe valid

Last Updated: Sunday, August 10, 2014, 00:47

The anti-graft wing of the Delhi government has filed an affidavit in the high court saying it has jurisdiction to lodge a report against Reliance Industries and former petroleum minister M Veerappa Moily, among others, in the gas pricing issue.

ACB has powers to lodge FIR in gas pricing case, Delhi HC told

Last Updated: Saturday, August 09, 2014, 18:15

The Anti Corruption Branch (ACB) of city government has told the Delhi High Court that it was well within its right to lodge an FIR against Reliance Industries Ltd (RIL) and others, including the then Oil Minister, for alleged irregularities in raising gas prices.

Reliance Industries counters, as Sebi slaps fine

Last Updated: Saturday, August 09, 2014, 11:12

RIL countered, saying: "The issue relates to the method of calculation of diluted EPS under the accounting standards. The issue is not of non-disclosure."

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.

India Inc's July overseas direct investment down 53% at $1.16 billion

Last Updated: Thursday, August 07, 2014, 21:18

Overseas direct investment by Indian companies fell by over 53 percent year-on-year to USD 1.16 billion in July 2014, as per RBI data.

Petroleum ministry mulling lower gas price

Last Updated: Saturday, August 02, 2014, 23:04

The petroleum ministry is considering a new price for domestic gas that would be lower than the USD8.4 per unit reached by the formula suggested by the C. Rangarajan panel constituted by the earlier UPA government.

British energy secy meets Pradhan, discusses key issues

Last Updated: Friday, July 25, 2014, 20:13

Weeks after Britain's BP and its partner Reliance Industries slapped an arbitration notice for delay in gas price hike, UK's Energy Secretary Edward Davey today met Oil Minister Dharmendra Pradhan to discuss outstanding issues.