Reliance Industries Chairman Mukesh Ambani said on Tuesday organised retailing will be the 'next big idea' in the companies' plans.
RIL had drawn 58.67 bcm from the wells up to March 31, 2015.
It is shut due to high water and sand ingress and it awaits regulatory nod to carry out urgent workover.
Reliance Industries has already stepped up gas production from 28 mmscmd in June to about 36-37 mmscmd now. The production will soon reach 42 mmscmd once the supply to the Dabhol power plant is increased in the first week of October, said a company official.
This is the biggest equity-raising exercise by an Indian corporate within a financial year. The fundraising - led by Citibank, Goldman, Kotak and Axis Capital as bankers - will see participation by foreign and domestic institutional investors.
The antiviral drug may cost around Rs 55,000 for an 11-dose course, or Rs 5,000 per injection -- much less than the price of imports from Bangladesh, reports Sohini Das.
Upstream regulator DGH has suggested that the $1.235-billion investment of Reliance Industries should be disallowed over the Mukesh Ambani-run firm's failure to adhere to prestated drilling and gas production targets, but the oil ministry is yet to agree on the numbers.
A large Dhruv order could significantly boost Indian defence exports. These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.
Reliance Industries Ltd announced on Tuesday a big-ticket expansion in retailing business, which would have presence in 1,500 cities across India at an investment of about Rs 25,000 crore (Rs 250 billion) generating over 1000,000 new jobs.
India Inc raised $2.78 billion from overseas markets in October this year, up 44 per cent from a year ago, according to the Reserve Bank data released on Friday.
Both the Ambani brothers use this helipad daily to travel to their offices in Navi Mumbai. It sees 15-20 flights daily.
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.
Letter to telecom secretary alleges Jio is masquerading full-blown services in the guise of a trial; no word from Reliance.
But company says govt decision to permit use of incremental coal does not result in any loss to exchequer or undue benefit.
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
"Bad actors" cannot be allowed to have nuclear weapons at the cost of those trying to maintain peace and safety, United States envoy to the United Nations Nikki Haley has said.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Hails country's recent digital highways and predicted India to become digital content capital of world.
Reliance Infocomm, in association with Indian Railway Catering and Tourism Corporation Ltd (IRCTC), has launched the railway ticket booking service through Reliance India Mobile in 120 Indian cities.
Meet the corporate biggies who will make it big in 2012.
Reliance ADAG, Tech Mahindra among top recruiters at IIM-A
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mukesh Ambani's AGM speeches indicate a trail of forgotten promises and projects that have not ended up as envisaged.
The CAG, in its much-awaited report tabled in Parliament on Thursday, did not say if the capital expenditure for KG-D6 being raised from $2.4 billion proposed in 2004 to $8.8 billion in 2006 was unjustified or inflated.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Gandhi has been attacking the BJP government for allegedly inking the deal at a much higher price than the one the previous United Progressive Alliance regime had negotiated to benefit 'one businessman'.
It's mostly fun and games at annual general meetings of companies, but sometimes it is also a bit ugly. . .
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The All India Football Federation (AIFF) on Thursday roped in International Management Group-Reliance Industries Limited as their commercial partner by signing a 15-year agreement worth Rs 700 crore, one of the most lucrative deals in Indian sports.
Adlabs Films Ltd would take up the proposed increase in share capital to Rs 25 crore (Rs 250 million) from the existing Rs 15 crore (Rs 150 million) through prefential issue at the extra ordinary general meeting, scheduled to be held on July 26 next.
From its all-time peak of 38,989.65 scaled on August 29 this year, the Sensex has fallen by 2,921.32 points, or 7.5 per cent, to 36,068.33.
Sectorally, telecom, realty, auto and banks were among the top losers, shedding as much as 2.22 per cent.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
'A perception has been built in our country that whatever Modi says you cannot challenge that.'
The Reliance Industries vice-chairman would be supported by Samajwadi Party.
The 50-share NSE Nifty reclaimed the key 9,900-mark in day trade but profit-booking at higher levels trimmed its gains. The index settled at 9,884.40.
The report, submitted to the government last week, says the slow pace of field development is the reason production has fallen to 50 million standard cubic metres a day (mscmd) from a peak of 60 mscmd last year.
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