Over a third of Ambani's speech was focussed on RIL's plans.
These together account for 40 per cent of bad loans of around Rs 4 trillion.
India's imports from Iran rose to 250,200 barrels per day
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
The PM has been named second year running; other contenders include Google's Sundar Pichai, US President Barack Obama, Islamic State leader Abu Bakr Baghdadi.
Shreekant Sambrani remembers P R S 'Biki' Oberoi, personal friend and hospitality icon, who passed into the ages this week.
India's economy grew 6.1 per cent in the fourth quarter of 2022-23, pushing up the annual growth rate to 7.2 per cent, official data showed on Wednesday.
Consolidated revenue rose to a record Rs 163,854 crore.
Venezuelan Prez Hugo Chavez promised to give India more oilfields in its heavy-oil belt, as he seeks to tap the world's second fastest growing economy to diversify energy trade beyond US. He intends to supply 1 mn barrels per day of oil to India in the near future. The Junin area is believed to hold some 500 bn barrels of in place oil reserves, of which Junin Norte may have about 7-8 bn barrels. OVL is expected to be given preference in the development and production phase.
RIL operates 33 million tonne domestic-tariff area or DTA refinery that sells most of its products to domestic market, and 29 million tonne only-for-exports or SEZ unit.
Refining major optimistic on planned investment of $16 bn for expansion and new technology to post healthy margins
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
RIL is talking to consumers of gasoline (petrol) as well as US fuel marketers who currently have a deficit, he said but did not give details. The company recently started gasoline trading operations in the US. Its office located in Houston would trade in gasoline both on the US Gulf Coast and New York Harbor market.
"The Corporation has decided to offer a voluntary retirement scheme, with a view to enable employees who are not in a position to continue in service of the Corporation due to various personal reasons, to request for grant of voluntary retirement from the services of the Corporation," Bharat Petroleum Corp Ltd (BPCL) said in an internal notice to its employees.
Reliance Industries has posted good growth in Q1 of the current financial year.
Colombo can handle more container traffic than all of India's ports put together. For a country with a long maritime tradition, this is a pathetic state of affairs, saya T N Ninan.
Aramco Trading Co, a subsidiary of state oil giant Saudi Aramco, offered 2.8 million barrels of ultra low sulphur diesel for loading in late July to early August
According to data released by the commerce and industry ministry, exports stood at $25.01 billion in the month. The fall is only the second time exports contracted in the past year.
India, the world's third largest energy consumer, has enough petrol, diesel and cooking gas (LPG) in stock to last way beyond the three-week nationwide lockdown, as all plants and supply locations are fully operational, Indian Oil Corp (IOC) chairman Sanjiv Singh said.an Singh, who continued to oversee the mammoth operations of ensuring that fuel reaches every nook and corner despite the loss of his father on the day the 21-day lockdown was declared, said there was no shortage of any fuel in the country and customers should not resort to panic booking of LPG refills.
Harvey is the most powerful hurricane to hit the United States mainland in 12 years on Saturday made landfall in central Texas coast with winds of 195 kmph.
'We began foolishly bragging about Saudi-Emirati investment plans as indicative of the sheikhs 'distancing' from Pakistan, including on Kashmir,' notes Ambassador M K Bhadrakumar.
UK's largest retailer Tesco, Singapore Airlines and Etihad queued up to invest in India as a persistent UPA threw open more sectors to foreign investments with indications of more big ticket deals to be announced in the new year.
A vilification campaign against Rosneft has begun in right earnest, says M K Bhadrakumar.
The 2016 upstart, called Jio, dislodged rivals and has emerged as the nation's No. 4 carrier by offering call services free for life and data transmission at dirt cheap rates.
Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.
Finance Minister Arun Jaitley, along with other senior ministers, on Tuesday pitched India growth story before 21 large global investors
Combating threat of terrorism and radicalisation are expected to figure high on the agenda of the talks between Modi and the leadership of Saudi Arabia, a country known as spiritual home of Islam which recently has formed a major coalition of 34 Muslim nations to fight terror, particularly the Islamic State.
Reliance has around 90,000 telecom towers now, half of which are operational and owned by the RIL and rest on lease.
The company's net profit was Rs 5,972 crore in the same period of 2014-15 fiscal.
The Indian economy can grow if it is delinked from the slow growth in the West and the deceleration in China, says Ashok K Lahiri.
Companies world over have to confront unprecedented factors that can cause losses.
RIL and BP completed the initial exploratory work on the 21 blocks, but decided to retain only four of them.
The National Democratic Alliance government is weeding out independent directors on the boards of public-sector undertakings (PSUs).
Growth in the eight core sectors jumped to 8.5% in April, due to a sharp pick-up in refinery products and a commensurate rise in electricity generation.
Indians must remember that Pakistanis hate losing to India, at war or in cricket, says Sanjeev Nayyar.
'India has to understand that the permanent state of war that exists between India and Pakistan has to be expected,,' says Colonel Anil A Athale (retd). 'The only way to ensure peace or absence of war is to maintain a militarily-dominant position over Pakistan.'
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