In October last year, Reliance Industrial Investments and Holdings Ltd, a wholly-owned subsidiary of the company, had acquired 12.7% stake in SkyTran Inc.
The sources said potential bidders sought more time to evaluate the terms of the offer and so the bidding deadline was pushed back to November 15
RIL has announced that it's setting up a wholly-owned subsidiary called 'Jio Platforms Limited' for its digital platform initiatives
RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley
The subsidiary will also acquire RIL's equity investment of Rs 65,000 crore in Reliance Jio Infocomm Ltd (RJIL)
RIL AGMs have become events at which, rather like a prime minister's Independence Day speech, Chairman Mukesh Ambani is expected to make some big bang statements writes Kanika Datta
The fall in capex is in line with the management's guidance
Reliance Industries has so far made 19 gas discoveries in the KG-D6 block
It pegged volume growth for high speed diesel (HSD) at 14-15 per cent and for petrol at 17 per cent YoY
In a regulatory filing, Reliance said its Board of Directors in a meeting on Friday appointed Chowdary as an Additional Director - Non Executive
YES Bank (up over 8 per cent) emerged as the top gainer on the index while Tata Motors (down 1 per cent) the biggest loser
The CBI on Friday filed a chargesheet before a Delhi court against former finance minister P Chidambaram in the INX Media case
Under NELP, contractors are first allowed to recover all their sunk cost before sharing profits with the government
While the corporation tax cut will benefit RIL, it is the improving growth outlook that is driving the stock
The additional stake was acquired by Reliance Services and Holdings (controlled by Petroleum Trust
Govt's gas pricing policy, however, provides for a higher cap price for future gas produced from difficult fields like those in deepsea
On Thursday, Mukesh Ambani-controlled Reliance Industries (RIL), commercially rolled out its fiber optic network - Reliance JioFiber - offering six plans for the consumers to choose from.
The company's oil-to-chemical strategy assumes significance in the face of an electric vehicle-dominated future
Reliance predicted in 2014 that the project would boost Jamnagar's refining margins by about $2 a barrel, but Centrum Broking Ltd now sees an uplift of $1.30 to $1.50 by the 2021-2022 fiscal year
RIL announced agreeing to a non-binding letter of intent from Saudi Aramco regarding proposed investment in its refining, petrochemicals, and fuel marketing business