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Audit should not hurt pvt sector: Manmohan Singh had told CAG

As CAG found Reliance Industries was being favoured in gas exploration deal to the government's detriment, former Prime Minister Manmohan Singh told the then top auditor Vinod Rai that audit should......

RIL challenges oil min taking away 5 gas finds

Reliance Industries has slapped an arbitration notice challenging oil ministry's decision to take away 814 square kilometer of its eastern offshore KG-D6 area that contained five gas discoveries.......

Reliance tells employees Swiss bank account is legal

Reliance Industries has claimed allegations of its chairman, Mukesh Ambani, having illegal Swiss Bank accounts are not true.  In a communication to its employees, RIL referred to The Indian......

RIL doubles average life of its debt to 7.5 yrs

Reliance Industries has doubled the average life of its debt to around 7.5 years after its two highly successful overseas bonds issue were priced at the lowest coupon rate in Asia. RIL Joint CFO......

RIL raises $750 mn from overseas market

This is the second time within a few days that the Mumbai-based firm has hit the forex debt market. Reliance Industries said on Wednesday that it has raised $750 million (about Rs 4,624 crore)......

RIL hits overseas debt market again, may raise $1 billion

Reliance Industries has hit the forex debt market second time in as many weeks to raise about $1 billion in a benchmark 30-year dollar-money note sale to international investors. On January 22, the......

World Cup chit-chat: Reliance to probe black marketing of its World Cup match tickets

With the World Cup football tickets it had originally bought being caught in the hands of alleged scalpers, Reliance Industries on Tuesday said it is investigating how the much-coveted and......
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BEYOND BUDGET

One step forward, two steps backward! Equity investors’ puzzle over how to translate the feel-good budget into investment decisions was in full... ...

http://www.mydigitalfc.com/stock-market/beyond-budget-316
Clean energy cess to hike cost for power sector

Allotment of 5 UMPP on plug and play mode is a welcome announcement in Union Budget 2015-16, the increase in clean energy cess (effective rate) by... ...

http://www.rediff.com/money/report/budget-sector-clean-energy-cess-to-hike-cost-for-power-sector/20150301.htm
Oil sector woes not addressed, firms reel under pressure

Various duties of excise on petrol and diesel remains unchanged for the oil and gas industry.   None of the demands of the industry were met  ... ...

http://www.rediff.com/money/report/budget-sector-oil-sector-woes-not-addressed-firms-reel-under-pressure/20150301.htm
Privatisation comes back after 10 years

Jaitley revives Atal Bihari Vajpayee’s strategic disinvestment concept to achieve ambitious Rs 69,500 crore (Rs 695 billion) from PSU stake... ...

http://www.rediff.com/money/report/budget-privatisation-comes-back-after-10-years/20150301.htm
Corporate tax plan, GAAR deferment cheer India Inc

A proposal to reduce corporate tax and clarification on minimum alternative tax (MAT) and further deferment of the GAAR came in as a whip of fresh... ...

http://www.mydigitalfc.com/news/corporate-tax-plan-gaar-deferment-cheer-india-inc-385

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