Last Updated: Monday, June 1, 2015, 20:36
RIL and its partner Pioneer Natural Resources Co sold off Eagle Ford (EFS) Midstream venture, that owns a 460 miles pipeline network, to Enterprise Products Partners for USD 2.15 billion.
Last Updated: Sunday, May 31, 2015, 13:41
Reliance Industries Ltd (RIL) has also sold its holdings of blue-chip public sector stocks like Oil India and NMDC, while it has lowered its exposure to banking behemoth SBI and mortgage giant HDFC Ltd.
Last Updated: Sunday, May 24, 2015, 11:48
"Reliance plans to re-commission the entire network of 1,400 outlets by the end of FY 2015-16. As on March 31, 2015, over 300 outlets are operational," the company said in its latest annual report.
Last Updated: Wednesday, May 20, 2015, 21:33
Ambani, the richest Indian, has kept salary, perquisites and allowances and commission at Rs 15 crore since 2008-09, foregoing almost Rs 24 crore per annum.
Last Updated: Tuesday, May 19, 2015, 15:33
India's biggest industrialist, Mukesh Ambani has paid Rs 1.6 crore as registration fees for his new 7 series BMW car.
Last Updated: Thursday, May 14, 2015, 21:39
The broadband arm of Reliance Industries is likely to start its operations with offers that will shake up the existing industry norms and quickly get a 10th of the subscriber base and nearly as much share of the revenues, says a report by Bernstein Research.
Last Updated: Saturday, May 9, 2015, 14:38
Reliance Industries Ltd`s telecoms unit got an undue benefit of about USD 530 million after the government allowed it to offer voice services over wireless broadband spectrum it had won in 2010, the Comptroller and Auditor General of India (CAG) said on Friday.
Last Updated: Friday, May 8, 2015, 19:56
The CAG on Friday rapped the Telecom Ministry for giving Mukesh Ambani-led Reliance Jio Infocomm undue benefit of over Rs 3,367 crore by allowing it to provide voice calling on broadband spectrum, a charge the company vehemently denied.
Last Updated: Monday, April 27, 2015, 17:05
Industrialist Mukesh Ambani Monday regained his position as the world's richest Indian with a networth of USD 19.6 billion, as pharma tycoon Dilip Shanghvi slipped to the second place after remaining on the top for about seven weeks.
Last Updated: Friday, April 17, 2015, 17:03
Reliance Retail's revenue grew by 21.2 percent to Rs 17,640 crore in the fiscal ended March 31, 2015 on the back of a wide product offerings with value proposition.
Last Updated: Thursday, April 9, 2015, 15:51
In a terse message to industry, Prime Minister Narendra Modi has blamed private sector of still being stuck with "legacy issues" like tax terrorism and selective exemption, and said that "red tape" can't be removed only for Mukesh Ambani and not for a common man.
Last Updated: Wednesday, March 4, 2015, 20:40
Pharma tycoon Dilip Shanghvi Wednesday surpassed Mukesh Ambani as the world's richest Indian with a net worth of USD 21.5 billion -- within two days of Reliance Industries chief being ranked India's wealthiest for 8th year.
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