RIL

  • SC recalls order in Reliance Industries KG Basin gas production case 02-04-2014 12:26 PM

    New Delhi: The Supreme Court on Wednesday recalled its order appointing former Australian judge James Jacob Spigelman as a presiding arbitrator in disputes between Reliance Industries and the centre over the shortfall in gas production in the KG basin. The apex court bench of Justice SS Nijjar recalled its order...
  • EC asks Oil Ministry to defer doubling of gas price 24-03-2014 11:17 PM

    New Delhi: The Election Commission on Monday asked the government to defer till elections the controversial doubling of natural gas prices for companies like RIL from next month, a move that may torpedo the entire decision for at least a few months. "...after taking into account all relevant facts, including...
  • SC likely to review Centre's decision allowing Reliance to hike gas prices 04-03-2014 07:34 AM

    New Delhi: The Supreme Court is likely to review Centre's decision to allow Reliance Industries to charge new gas price from April. The Apex court will be hearing the petitions filed against the government decision to allow Reliance Industries to hike natural gas prices. The litigants, former Cabinet Secretary TSR...
  • RIL dismisses allegations levelled by AAP 25-02-2014 11:59 PM

    New Delhi: The Reliance Industries on Tuesday dismissed allegations levelled against the company and its owner Mukesh Ambani by the Aam Aadmi Party. Reacting to the charges made by AAP convenor Arvind Kejriwal, RIL issued a statement, where it said that neither the company nor Ambani had any illegitimate accounts...
  • India @ 9 with Rajdeep Sardesai 25-02-2014 10:28 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • A Billion Votes: 11 party-Third Front challenges BJP, Congress 25-02-2014 07:31 PM

    Announcing a non-Congress and non-BJP alliance, the Third Front wooed the electorate by making it clear that it would provide a secular, democratic and pro-development government after Lok Sabha elections. An amalgamation of 11 political parties, the Third Front on Tuesday claimed that India was not a two-party nation and...
  • Veerappa Moily writes to PM, justifies RIL's high gas rates 24-02-2014 03:32 PM

    New Delhi: Oil Minister Veerappa Moily has justified the high gas rates that Reliance Industries Limited is charging the government for CNG. Moily wrote to the Prime Minister saying that gas fields will not be available if the prices are lowered. Moily's response came hours after the Aam Aadmi Party...
  • Delhi BJP passes resolution against over Rs 300 crore subsidy to BSES 16-02-2014 10:26 PM

    New Delhi: After a series of attacks by the Aam Aadmi Party, the Bharatiya Janata Party unit in Delhi hit back on Sunday by moving a resolution against the Rs 323 crore subsidy provided to BSES by the Arvind Kejriwal government. BJP claims that Rs 323 crore was actually allotted...
  • Centre's nod on gas issue allowed future windfall to RIL, alleges ACB 14-02-2014 07:09 PM

    New Delhi: The approval by Centre to Reliance Industries Ltd (RIL) allowing expenditure of 8.8 billion dollar to increase production of gas from KG basin paved the way for "future windfall" revenue of Rs 1.2 lakh crore($ 20 billion) to the Mukesh Ambani-led firm, the Anti-Corruption Branch (ACB) alleged in...
  • The Last Word: Is Kejriwal's charge in gas pricing wrong? 12-02-2014 09:10 PM

    The Anti-Corruption Bureau of Delhi government has registered an FIR on Chief Minister Arvind Kejriwal's complaint on gas pricing. No individual has been named in the FIR even as Kejriwal's complaint mentions Reliance Industries Limited Chairman Mukesh Ambani and Union Minister Murli Deora and Verappa Moily. The FIR has been...
  • AAP slams Modi, wants him to declare money spent on rallies 12-02-2014 08:04 PM

    New Delhi: The Aam Aadmi Party (AAP) on Wednesday slammed BJP's prime ministerial candidate Narendra Modi, asking him to come clean on the money spent on his rallies. "Every rally of Narendra Modi costs around Rs 50-55 crore. So much money is spent on hoardings, stage, travel and paying up...
  • RIL threatens to sue AAP government over gas pricing allegations 12-02-2014 07:49 AM

    New Delhi: Reliance Industries Limited has threatened to take the Aam Aadmi Party government to court over its allegations on gas pricing. This came after Delhi Chief Minister Arvind Kejriwal ordered an FIR against RIL Chairperson Mukesh Ambani as well as Union Ministers Veerappa Moily and Murli Deora. "The complaint...
  • India @ 9 with Rajdeep Sardesai 11-02-2014 10:38 PM

    Catch the day's top stories with Rajdeep Sardesai on India @ 9. ...
  • Government gave huge benefits to Reliance, says Gurudas Dasgupta 11-02-2014 05:03 PM

    CPI leader Gurudas Dasgupta on Tuesday welcomed Arvind Kejriwal government's move to file criminal cases against Reliance Industries and Union minister Veerappa Moily, among others, on gas pricing issue. ...
  • Kejriwal does not understand the system: Veerappa Moily 11-02-2014 03:19 PM

    Hours after Delhi Chief Minister Arvind Kejriwal targeted Reliance Industries and government officials, Petroleum Minister Veerappa Moily has said that Kejriwal doesn't understand the system. "We should sympathise with his ignorance. He doesn't know how government runs. Norms are followed. There is a system in fixing prices," Moily said. ...
  • Aston Martin case: Now complainant says no young man was driving the car 26-12-2013 07:26 PM

    Mumbai: The complainant in the Aston Martin case on Thursday said that she never claimed to have a seen a young man behind the wheels of the car. The woman, who was driving the Audi that was hit by Aston Martin, added that her car was replaced by her insurance...
  • Aston Martin case: No compensation from RIL, says complainant 26-12-2013 10:50 AM

    Mumbai: The accident case in Mumbai involving a Aston Martin car belonging to Reliance Industries Limited (RIL) witnessed a new turn on Thursday after the complainant claimed that she had got no money from the company after a 55-year-old company employee crashed the car into her Audi A4. The complainant...
  • Aston Martin case: Complainant identifies RIL employee as driver 26-12-2013 08:35 AM

    The complainant in the accident in Mumbai involving an Aston Martin has identified the driver as 55-year-old Bansilal Joshi, an RIL employee, in her statement recorded before the magistrate. The complainant Foram Ruparel, who had been changing her statements earlier, has now said that it was Joshi behind the wheel...
  • IOC tops Fortune India 500 list, RIL second 10-12-2013 01:19 PM

    New Delhi: State-run Indian Oil Corporation Ltd has emerged as the country's biggest company in terms of annual revenue, followed by Mukesh Ambani-led private sector giant Reliance Industries at the second place, as per an annual list of Fortune 500 companies in India. Th 2013 list of the country's 500...
  • I have not done any favour to Reliance Industries, clarifies Moily to SC 22-11-2013 08:55 PM

    Petroleum Minister M Veerappa Moily has told the Supreme Court that he has not done any favour to Reliance Industries Ltd and allegations levelled against him by CPI MP Gurudas Dasgupta are baseless and politically motivated. "The allegation that the present Minister was inducted to do Reliance s bidding is...
  • Youngsters who will drive India forward losing patience: Mukesh Ambani 13-11-2013 11:50 AM

    Mumbai: Reliance Industries Ltd Chairperson Mukesh Ambani has warned that India's youngsters who have to drive the nation forward are losing patience. "The aspirations of the youngsters is phenomenal today and the youth is India's strength," he said in Mumbai on Tuesday. He went on to say, "The youth today...
  • TCS market value crosses Rs 4 trillion; stock at all-time high 07-10-2013 06:31 PM

    Mumbai: Tata group's IT firm TCS on Monday attained a market valuation of Rs 4 lakh crore after a gap of over a month led by a smart rally in its stock price. At present, TCS is the only company with a market value of over Rs 4 lakh crore....
  • RIL, BP make new gas discovery off east coast 23-08-2013 01:34 PM

    Mumbai: Energy conglomerate Reliance Industries and British oil company BP Plc on Friday announced a new gas condensate discovery off the east coast of India in the Cauvery basin. The discovery is situated 62 kilometres from the coast in the Cauvery basin and is the second gas discovery in the...
  • SC to examine gas price policy, issues notices to Centre, RIL 29-07-2013 11:34 PM

    New Delhi: Government's controversial decision to raise the price of natural gas reached the Supreme Court which on Monday agreed to examine the matter. Taking up a PIL filed by CPI MP Gurudas Dasgupta, the court issued notices to the Centre, Reliance Industries Ltd (RIL) and the Petroleum Minister Veerappa...
  • RIL telecom arm to get 6 months more for testing 4G calls 17-07-2013 11:42 AM

    New Delhi: Reliance Jio Infocomm, the telecom arm of Mukesh Ambani-led Reliance Industries, is about to get six months extension for testing phone call services on 4G network, according to sources. "Telecom Minister (Kapil Sibal) has approved extension for testing voice calls on its 4G network. They were allocated 10,000...
  • Gas price: RIL apprehensive over Rangarajan price formula 16-07-2013 10:46 AM

    New Delhi: Reliance Industries, the country's largest oil and gas player, has spoken out for the first time since the Government of India accepted the Rangarajan price formula. RIL has said that it welcomes the government's move, but apprehensions still exist. The Rangarajan price formula will essentially double the gas...
  • Ambani bets on 4G broadband in India, but risks abound 24-06-2013 09:55 AM

    Mumbai: Indian tycoon Mukesh Ambani hopes his multi-billion dollar bet on cheap high-speed wireless broadband could change the way nearly a billion of his countrymen use mobile devices from the way they do banking to watching cricket. In a country where most people own a mobile phone yet lack basic...
  • RIL overtakes ONGC to become second most valued company 19-06-2013 03:24 AM

    Mumbai: Reliance Industries on Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS. Shares of ONGC on Tuesday fell by 1.47 per cent, bringing its market valuation down to Rs 2,63,466 crore, which was lower than RIL's m-cap of Rs 2,66,548 crore at...
  • Ambani brothers strike Rs 12,000-cr telecom tower deal 07-06-2013 01:00 PM

    Mumbai: Billionaire Ambani brothers on Friday announced a Rs 12,000-crore deal, wherein Mukesh will use towers owned by a firm run by his younger sibling Anil for launch of his telecom venture. Reliance Industries Ltd's telecom arm will lease up to 45,000 mobile masts from Reliance Communications Ltd in a...