With the O2C business outlook on the mend, the Street is also looking forward to news on RIL's proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi Aramco.
The oil ministry is believed to have turned down Reliance Petroleum Ltd's request to export LPG from its newly commissioned refinery at Jamnagar in Gujarat, forcing the only-for-exports unit to sell the cooking fuel locally.
The duo claimed they were employees of a software company in Mumbai and were in Jamnagar to survey the region for developing GPS-based software for their clients, which happen to be major telecom companies, Singhal added.
The Export Oriented Unit status of Reliance Industries' Jamnagar refinery in Gujarat has ended, allowing the company to sell petrol and diesel locally including through its 1,432 now-closed petrol pumps.
Saudi Aramco chairman and head of the Kingdom's cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a $15 billion deal. Reliance chairman and Asia's richest man Mukesh Ambani, who had two years back disclosed the talks to sell a 20 per cent stake in the company's oil-to-chemical unit to Saudi Aramco, announced the appointment of Al-Rumayyan at the company's annual meeting of shareholders. Harvard educated Al-Rumayyan, 51, will replace Yogendra P Trivedi, 92, who has expressed a desire to retire, Ambani said. On the sale of a 20 per cent stake in the O2C business, he said the deal is likely to conclude this year.
It is no secret that Team India's ace all-rounder Ravindra Jadeja loves horses. He has three at his farmhouse, located nearly 30 kilometres from Jamnagar.
Reliance's big-bang entry across the solar ecosystem will cut dependence on Chinese imports drastically. And Ambani's repeated emphasis that RIL's new energy foray will be 'a truly global business' points that his group is playing not just for a share of the Indian pie but to be the OEM in the larger 5,000 GW global market by 2030, points out Shailesh Dobhal.
A person who has Covid but also has another disease can be classified as a Covid death or not. It serves the immediate purpose of the government to pretend that the official number is low because it makes it appear less incompetent and helpless than it is, points out Aakar Patel.
Out of the 40 different cleanliness parameters passengers rated stench at stations as their top concern, followed by lack of dustbins and unclean platforms
Reliance has around 90,000 telecom towers now, half of which are operational and owned by the RIL and rest on lease.
'I would have loved to see Dhoni play the first ever Test in Rajkot.' Fans from Saurashtra share their excitement with Haresh Pandya.
India's Permanent Representative to the UN, Ambassador T S Tirumurti, said on Tuesday that India condemns all forms of anti-semitism and all forms of discrimination on religious grounds anywhere in the world.
Reliance Industries on Friday reported more than doubling of its March quarter net profit to Rs 13,227 crore as improvement in petrochemical and consumer business countered continued weakness in refining business.
Essar has announced a $6bn expansion plan to more than triple capacity at its refinery, while Reliance, at its site a few kilometres away, is working on plans to almost double capacity.
Indian Petrochemicals Corporation Ltd employees affiliated to three separate unions in Vadodra will go on a mass protest on Tuesday against the proposed transfer of some of them to Reliance Industries' SEZ in Jamnagar.
Avani Chaturvedi flew a MiG-21 bison in her first training solo sortie, in Jamnagar, Gujarat.
The fertiliser and power companies say that the cost of gas would be too high, making operating on gas economically unviable.
The shareholders of Hindustan Lever Ltd have given their nod to the scheme of arrangement between HLL, Shamnagar Estates Pvt Ltd, Jamnagar Properties Pvt Ltd, Hindustan Kwality Walls Foods Pvt Ltd for demerger of shares.
Jadeja scored 154 off only 69 balls for Jamnagar against Amreli as his side posted 239 for 6 in 20 overs.
The Fanaa controversy seems to be ending, finally!
The initial public offer of Reliance Petroleum Ltd, which opened for subscription from Thursday, has been oversubscribed five times.
Stakes are high for the ruling Bharatiya Janata Party against the backdrop of Patel quota agitation while Congress is pinning on hopes to make a comeback.
This is the first time that the 73-year-old former finance and home minister is being grilled by the ED in this case.
Nita Ambani, wife of Reliance Industries Chairman Mukesh Ambani, has been recommended for appointment as a director on the board of the company.
#MainBhiChowkidar was trending world wide on Twitter.
India's largest firm Reliance Industries has initiated work-from-home for its staff while keeping open consumer-facing businesses of hospital, retail stores and telecom with a minimum workforce amid increasing number of Covid-19 cases in the country. Chairman and Managing Director Mukesh Ambani will hold a meeting almost every third day to take stock of the impact of novel coronavirus (covid-19) outbreak on his employees and business, officials said.
Mahendra Singh Dhoni and several Indian cricketers are expected to fly to Rajkot to attend the reception.
Gandhi said if the Congress was voted to power, his party's government would function from Gujarat and not on orders from Delhi.
The two hotels have been turned into virtual fortresses with policemen and other security personnel outside and inside.
Reliance Industries on Wednesday launched three state-of-the-art retail outlets for diesel and petrol at Jamnagar Petrochemicals complex at Hazira and DAKC and Navi Mumbai.
Thank you, Mr Prime Minister, for bringing colour to our colourless, drab, despair-ridden lives.
The creation of a CDS has got the head right. Issues that were not talked about for years are now being discussed, points out Ajai Shukla.
India's middle-order batsman Cheteshwar Pujara on Wednesday tied the nuptial knot with fiancee Puja Pabari, at a family function in Rajkot.
The incident occurred near Viramgam, about 50km on the Ahmedabad-Rajkot route.
Reliance Industries Ltd will begin full-fledged petrol and diesel retailing by June this year after it sets up 300 petrol stations across the country.
He will address meetings at Sanand in Ahmedabad in central Gujarat and at Jamnagar and Amreli in Saurashtra regions.
A complaint was filed on Tuesday in a local court seeking penal action against Bharatiya Janata Party president Nitin Gadkari for "hurting" religious sentiments of lakhs of followers of Swami Vivekananda by comparing him with mob boss Dawood Ibrahim.
Patel's closeness to the Gandhi family was undeniable. But unlike others, he resisted the temptation to use it to leverage personal business, says Aditi Phadnis.
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