According to an official source, the Rs 8,000-crore (Rs 80-billion) capacity expansion plan by Chennai Petroleum Corporation Ltd may get hit as European companies are reluctant to give technology licensing for the upcoming six-million tonne units.
Pune firm buys 24.46% stake from open market to become largest shareholder.
Coming close to Future Retail, after 42 per cent revenue growth.
Indian firms raised the money via external commercial borrowings.
Sharp decline in production from flagship Krishna-Godavari basin has changed the business mix for the company.
The fire broke out at 2.15 pm on the terrace of the six-storeyed building, which is located in the high security India Gate-Parliament House area, the Delhi fire department said.
Mukesh Ambani is stringing in new partnerships within the Reliance ecosystem with the best in global business -- from Facebook, Google and Microsoft to umpteen sovereign wealth funds and a soon-to-be-declared strategic partner in a big global retailer, notes Shailesh Dobhal.
Reflective of the conglomerate's ambition to turn into a consumer-driven business, most of the 33 acquisitions in the last financial year were for its digital, retail, or related verticals.
MRPL had its fuel taps running on Monday as union petroleum minister on Saturday said that ONGC will take a controlling 51% stake in the petrochemicals company.
Mukesh Ambani joined Reliance in 1981 and initiated Reliance's journey from textiles into polyester fibres and further into petrochemicals, petroleum refining and going up-stream into oil and gas exploration and production.
ICA is the world's leading institution for resolving international commercial and business disputes.
Shiv Sena has so far expressed concerns over car shed for the city's planned metro network, the bullet train and the West Coast refinery projects.
Gas production at KG-D6 field dropped by a steep 53 per cent.
The company's net profit was Rs 5,972 crore in the same period of 2014-15 fiscal.
It is likely that the import duty on input materials would be maintained at the current levels. However many finished products with lower import duty compared to duty on input materials may be increased.
The brokerage reduced its target price for the company to Rs 995 per share from Rs 1,350 apiece. Credit Suisse said RIL's liabilities increased from $19 billion to $65 billion in four years.
To invest Rs 10,653 crore in Venezuela and another Rs 2,644 crore in retail business.
For its m-cap to more than double, RIL needs government nod for nearly doubling of its gas price of $8 per million British thermal unit together with approvals for oil and gas field investments.
Speaking at 'Business Standard Gujarat Round Table 2012' in Ahmedabad on Tuesday, Minister of State for industries, energy and petrochemicals, Saurabh Patel, said the state was way ahead of others in the country.
Analysts say the company's petrochemical segment and higher other income would boost its revenues. On an average, brokerages expect RIL's net profit to rise 12-17 per cent compared with the year-ago period.
bp had last year bought 49 per cent stake in the 1,400-odd petrol pumps and 31 aviation turbine fuel stations owned by RIL for $1 billion.
Mukesh Ambani, who is in talks with Saudi Arabian oil giant Aramco to sell one-fifth of his oil-to-chemicals business in India for $ 15 billion, said the two countries have all factors to drive growth - technology, young demography, and leadership.
A 7-yr legal tussle over Haldia Petrochemicals looked close to being resolved. But when Mamata Banerjee upped the ante, it was back to square one for investor Purnendu Chatterjee.
A shortfall in LPG supply from Aramco has led to huge booking backlog across states. To meet the backlog, India has asked Abu Dhabi National Oil Company for two additional cargos of LPG, but that may take another 10 days to reach.
The last week of March saw a series of new refining capacity going on stream. HPCL-Mittal Energy, Essar Oil and Mangalore Refinery & Petrochemicals (MRPL) were able to announce completion of capacity additions a couple of days before the seven-year tax holiday in this regard came to an end, on March 31.
By 2025, natural gas will comprise 20% of the Indian primary energy basket. Natural gas will substitute crude oil for a host of applications due to its non-polluting and economic nature.
RIL's bet on burgeoning consumer base and foray into new businesses such as telecom, retail, and digital services vastly expanded its business
Reliance has small parcels of land in West Bengal for its agri-retail plan.
These investments will be targeted at petrochemicals, exploration and production and telecom businesses.
Reliance Industries has doubled the average life of its debt to around 7.5 years.
FB deal puts RIL on course to be debt-free next year; Reliance Retail biggest gainer from WhatsApp, JioMart arrangement.
Ravi Pillai, is the founder-managing director of the Bahrain-based construction services major Naseer S Al Hajri Corporation (NSH), and Petrochem, Saudi Arabia. With 60,000 people working for him, he is the largest employer of Indians in the Middle East. His company has a turnover of $2.5 billion.
The Raigad district administration has asked RIL to submit details regarding production and safety measures at the plant.
Of the $1.4 trillion investment opportunities, almost $90 billion each is proposed in petrochemical projects and power generation, $88 billion in water desalination plants and $50 billion in natural gas-related projects.
'We will resist it.' 'Farmers will not let that happen.'
The optic fibre cable infra was with Jio Digital Fibre and the tower infra with Reliance Jio Infratel
Other gainers included Kotak Bank, HCL Tech, ONGC, Asian Paints, Vedanta, HDFC Bank, Bajaj Finance, Maruti and TCS, gaining up to 1.41 per cent. Sun Pharma was the top loser, cracking 8.58 per cent.
Reliance from 0600 hours today began complying with an oil ministry order asking it to first supply gas produced from eastern offshore KG-D6 fields to priority users -- urea making fertiliser plants, electricity generation houses, LPG extraction units and city gas distribution firms.
While the Trinamool government, led by Chief Minister Mamata Banerjee, tried its best to attract investors, including from Singapore, not much headway could be made.
