The Bombay high court on Monday reserved its order till December 9, on a Reliance Industries Ltd petition seeking approval of the demerger scheme worked out as part of a settlement between Ambani siblings, Mukesh and Anil.
Reliance Industries Ltd, India's largest private sector refiner, will restart operations at its Jamnagar refinery LPG-making unit next week, company Nikhil Meswani, executive director said on Monday.
Shaheen International, a Pakistani business group, is exploring the possibility of forming a joint venture with Reliance Industries Ltd to set up a petrochemical complex in Pakistan.
The 2005 World billiards champion routed Rupesh Shah 2-0 to maintain his unbeaten run in the Indian Cue Masters League 2005.
'Economic benefits of RIL shares held by these four companies have always been for the benefit of RIL's shareholders, and remains so. This fact has been reiterated by RIL a number of times,' the company said.
The Bombay High Court will hear on November 25 the petition filed by Reliance Industries Ltd seeking the court's approval of a scheme to demerge the company into four new entities as part of a settlement reached between Ambani brothers.
Mukesh Ambani-controlled Reliance Petroleum Ltd will raise $1.5 billion (nearly Rs 6.9 billion) through Syndicated Term Loan Facility to finance its new 580,000 bpd refinery and a 0.9 MT polypropylene unit.\n\n
Ambani announced his 'personal contribution' of Rs 1 crore as a Member of Parliament
Anil Ambani on Monday lashed out at the proposed buyback of shares, ahead of the crucial board meeting, questioning the intentions of the move.
The government on Monday refused to review its decision rejecting the price of natural gas proposed to be sold by Reliance Industries Ltd to an Anil Ambani group firm.
Reliance Industries Ltd will give Rs 750 crore (Rs 7.5 billion) discount on LPG and kerosene to public sector petro retailers in 2005-06.
Reliance Industries Ltd-owned fuel retail outlets have threatened to launch an indefinite strike from Thursday protesting against the huge losses due to decrease in demand of its fuels.
The extraordinary general meeting of Reliance Industries Ltd on Friday virtually cleared the demerger of group companies, with company chairman Mukesh Ambani submitting over 65 per cent 'proxy' votes in favour of the scheme.
Family sources confirmed that over the weekend the 'Ambani family,' including mother Kokilaben and sisters Deepti Salgaoncar and Nina Kothari requested Mukesh to furnish appropriate details as per his statement on November 22.
Reliance Industries Ltd is seeking export-oriented unit status from the government for its existing 33 million tonne per annum refinery in Jamnagar.
Reliance Industries Ltd, India's largest private firm, will invest $5.5 to 6 billion to raise capacity of its Jamnagar oil refinery to 60 million tonnes by 2009.
Reliance Industries Ltd, which recently demerged its overseas oil and gas projects, is debating hiving off its giant Krishna-Godavari gas field, but ruled out talks for inducting US energy major Chevron as equity partner.
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.
The captains of industry, while stressing on inspiring a vision to build `Brand India', expressed confidence in the ability of resurgent India to become a global player.
Reliance Industries Ltd on Friday reported a 7 per cent drop in its June quarter net profit as retail business got hit by the second wave of COVID infections.
Reliance Industries on Wednesday decided to double the production capacity at its Jamnagar Refinery to 60 million tonnes at an investment of Rs 25,000 crore (Rs 250 billion).
Anil Ambani, vice chairman and managing director of Reliance Industries Ltd, has been adjudged the most admired chief executive in India, while his elder brother Mukesh Ambani occupied the fifth slot.
'For all of us at Amazon, it is 'Bharat first'.' 'We are keeping the Indian customer at the centre of what we are doing.'
The Securities and Exchange Board of India has extended the market timing for Reliance Petroleum Ltd's IPO by eight hours owing to huge investor interest in the public issue.
Reliance Industries Ltd may tie-up with Chevron Corp of US to make joint bids for oil and gas blocks on offer in the latest round of New Exploration Licensing Policy.
The European Commission has approved the acquisition of the German speciality polyester manufacturer Trevira by Reliance Industries Ltd, the largest Indian private sector company.
Reliance Industries Ltd on Thursday launched its fourth highway hospitality 'dhaba' in Uttar Pradesh at a company petroleum retail outlet in Kamlapur on the Lucknow-Sitapur highway.
