An atmospheric scientist, Ramanathan focuses his research on global climate dynamics, the greenhouse effect, aerosols, clouds, and the earth radiation budget.
RIL signed agreement to take 45 per cent interest in highly prospective Eagle Ford Shale play, the Mumbai-based firm and Pioneer said in separate but almost identical statements.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
Sources familiar with the developments said the government will file an application in the Bombay High Court by the end of December or early January. RIL on its part has already appealed against the order.
RIL declined to comment on this or related allegations, saying the entire issue was in court.
Within 24 hours of the brothers Ambani deciding on a ceasefire, the stock market and Reliance pundits are out with their calculators to figure out the financial implication of ending the non-compete terms five years in advance and the loss that Anil Ambani's Reliance Natural Resources Limited would incur post the Supreme Court verdict.
The Rajya Sabha is all set to go digital to minimise the massive wastage of paper in the House, thanks to an initiative by Vice President and Chairman Hamid Ansari.As per the suggested changes, Parliamentarians will receive documents in hard copy only if they request for it and special incentives will be provided to MPs who opt for the digital format.Ansari, a retired Indian Foreign Service officer, wants Parliament to set an example.
A short-term (five-year) price is not relevant beyond a point when power plants have a life of 15-20 years, says J P Chalasani, CEO, Reliance Power.
There is nothing much for Anil Ambani group firm Reliance Natural Resources Ltd to renegotiate with Reliance Industries Ltd, as the price and quantity of gas it is seeking will be dictated by the government policy and the tenure of supply will depend on life of the fields.
Between March 2022 and September 2023, HDFC Bank added 56,310 employees.
RNRL is seeking 28 million cubic meter of gas a day or more than one-third of peak output from RIL's eastern offshore KG-D6 fields at a price set in a 2005 family agreement.
A friend of Mukesh Ambani should not be petroleum minister
Anil dared the oil ministry to cancel the production sharing contract with RIL if it was really aggrieved and not challenge third party agreements.
Even four years after splitting the Reliance empire, the Ambani brothers still seem to be washing dirty linen in public: the latest battle is over gas pricing.
Development plan for K-G basin runs for 12 years, so can't supply to RNRL for 17 years, says RIL.
'Govt to lose Rs 40,000 crore due to RIL's escalating costs'.
Anil Ambani promoted Reliance Natural Resources icked off the second round of the battle today by filing a special leave petition in the Supreme Court, which prompted Mukesh Ambani-led Reliance Industries to file a caveat in the apex court.
RIL president and CEO (Oil and Gas) PMS Prasad, who met petroleum ministry officials to discuss under capacity production from the company's KG basin fields, said: "We have time till July 15 to decide. . . we are still evaluating our options."
With the Mukesh Ambani-promoted Reliance Industries Ltd (RIL) planning to approach the Supreme Court, challenging a High Court order for selling gas at $2.34 per million British thermal unit (mBtu) to Reliance Natural Resources Ltd (RNRL), the chances of an agreement between the Ambani brothers by July 15 appear remote.
On August 21, the division bench had suggested that the two warring sides should seek the help of their mother Kokilaben Ambani to resolve the issue. The billionaire brothers are fighting over supply of natural gas from RIL's eastern offshore KG gas fields.
US Vice President Kamala Harris would host a separate meeting with the prime ministers of three Quad countries -- India, Australia and Japan -- at the White House to discuss with them the important factors for democracies to go forward, officials said.
In the five years in politics Priyanka Gandhi has undeniably emerged as a thorn in the BJP flesh, notes Nilanjan Mukhopadhyay. It is time that this thorn is twisted a wee bit more when the elections have become far more uncertain than what it was when the Election Commission announced the poll schedule.
India is poised to become a major market for mining equipment, even larger than China, according to US-based Bucyrus International, a world leader in manufacturing equipment for the surface and underground mining industry.
The apex court also heard a plea for bringing back black money stashed in tax havens abroad.
RIL said RNRL has maintained that the May 12, 2005 draft agreement between the RIL and NTPC should be the basis for fixing the price of gas from the KG Basin but it has ignored the provision for government approval.
Experts from South Africa and Namibia, who are helping reintroduce cheetahs in India, have recommended fencing their habitats to prevent poaching, habitat fragmentation and minimise human-animal conflict.
The Ambani brothers are locked in a bitter battle over the supply and price of the gas from KG basin.
Swiss bank UBS has been fined Pounds 8 million in the United Kingdom after four of its senior employees were found misusing funds of customers, including two companies of Indian industrialist Anil Ambani-led group.
Reliance Industries (RIL) is looking at yet another shale gas acquisition in North America, its third in three months. The transaction is said to be in line with RIL's recent acquisition of a 45 per cent stake in Eagle Ford shale acreage of Pioneer Natural Resources. Sources in the company confirmed the development.
Rajan addressed a group of investors in Boston on Thursday.
While the merger will see the share of the promoter group increase by two percentage points, the move has also seen a few analysts raise concerns.
Major General S C N Jatar, who passed into the ages on Monday night, thwarted anti-national forces at the peak of the Assam agitation. Colonel Anil A Athale (retd) salutes this officer and gentleman.
Reliance Natural Resources Ltd (RNRL) lost more than a fourth of its market capitalisation in just two days of trading after the Reliance Anil Dhirubhai Ambani Group (R-ADAG) announced its merger with sister firm Reliance Power (R-Power).
The ratio is based on the valuation made by consultancy firm KPMG.
Anil Ambani-led Reliance Power's board will on July 4 consider merging another group firm Reliance Natural Resources with itself.
The government told the Bombay high court on Friday that the empowered group of ministers decided that Mukesh Ambani-led RIL will start supplying gas from the KG basin to Anil Ambani's Dadri power project and other upcoming power plants once it is ready to begin operations.
Reliance has also entered into an agreement with Pioneers existing partner in the Eagle Ford Shale play for about $210 million.
The company had made its first breakthrough in the US in April when it had acquired 40 per cent stake in Atlas Energy Inc's 3,00,000 acres shale gas property for $1.7 billion. Atlas' Marcellus shale gas project spans parts of West Virginia, Pennsylvania and New York.
Anil Ambani-promoted Reliance Natural Resources has filed an affidavit in the Bombay High Court in the case involving Reliance Industries, refuting the petroleum ministry's stand that the government-approved price of $4.2/million metric British thermal unit (mmBtu) is the selling price of gas.
