Page 18 - Ril

Q3 results preview: RIL net seen rising a tad on higher petchem earnings

In a Bloomberg poll, eight analysts estimated a consolidated revenue of Rs 1.4 trillion for the quarter under review and a net profit of Rs 9,609 crore

Parliament panel questions approval for RIL's gas fields in KG-D6

The PAC felt that the decision of not appointing a third party for validation could be deliberate so that the ministry gets flexibility in the decision making

After years of global success, Mukesh Ambani's RIL faces oil shock at home

Rising crude prices and a tumbling rupee combined to push domestic fuel prices to records, undermining Reliance's retail strategy despite some relief from a dip in crude prices in recent weeks

Ambani gets oil regulator's nod to sell loss-making pipeline to Brookfield

Brookfield Asset Management Inc's affiliate Rapid Holdings Pte Ltd and PenBrook Capital Advisors Pvt Ltd had executed a framework agreement to buy the pipeline on August 28

Den, Hathway deals sealed: Now what's next for RIL in the media sector?

 The acquisitions of Den and Hathway have set the stage for the next phase of growth for the company's Jio arm into content and services

Govt's move on fuel prices will not impact oil retailing plans, says RIL

Many BJP-ruled states followed suit with cut in VAT, to minimise the pinch of the rise in oil prices on commoners

RIL arm acquires 12.7% stake in US-based modern transport firm SkyTran

Reliance has made the investment in SkyTran with the aim to foster a partnership in India

RIL to buy majority stakes in Den Networks, Hathway Cable for Rs 52.3 bn

It will make a primary investment of Rs 29.40 bilion through a preferential issue for a 51.3 per cent stake in Hathway

Thanks to Jio, RIL is catching up with Sensex after a decade-long slumber

'Owning Reliance had no better outcome than owning the index over the last decade and I don't anticipate that changing over the next 10 years'

Shutdown of cracking unit not impacting Jamnagar refining business: RIL

RIL was replying to a clarification sought by NSE over the shutdown of the FCCU

Govt may move HC against arbitration ruling that went in favour of RIL

RIL approached an international arbitration tribunal after the government slapped a penalty of $1.55 billion on the consortium that has BP and Niko Resources as other partners

RIL's high cash outflow on capital spending a rating constraint: Moody's

RIL, in its investor meet, said it would cut its LNG consumption, which affects gross refining margins (GRM) in a higher pricing situation

CBM key for Reliance Industries till R-Series goes on stream

RIL said the marginal rise in revenue for the oil and gas segment in the last financial year was because of increased CBM production

Andhra signs MoUs worth Rs 1.75 trn; RIL to invest Rs 550 bn for next 5 yrs

The investments committed by RIL and partners are expected to generate 25,000 new jobs in electronics, petroleum, retail, agri-processing, e-governance and other sectors

RIL shares drop after financial service firm UBS issues 'sell' advisory

Currently, 27 brokerages have a 'buy', seven have 'hold' and six have a 'sell' call on the RIL stock

Top 20 club: RIL has mountains to climb

The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%

RIL likely to see big cash flow boost: CLSA report

In a report, CLSA said stabilisation of just-commissioned refinery off-gas cracker (ROGC) and petcoke gasification projects would boost EBITDA

RIL commissions world's largest refinery off-gas cracker at Jamnagar

Mukesh Ambani led Reliance Industries (RIL) on Tuesday said it has commissioned and achieved the designed throughput for its Refinery Off-Gas Cracker (ROGC) project of 1.5 MMTPA capacity in Jamnagar."RIL has successfully commissioned and achieved design throughput of the world's first ever and largest Refinery Off-Gas Cracker (ROGC) complex of 1.5 MMTPA capacity along with downstream plants and utilities. The ROGC complex is a core component of RIL's most innovative and world-scale J3 project at its integrated Refinery-Petrochemicals complex at Jamnagar," the company said in its statement to BSE. The company added this would be the latest addition to RIL's existing cracker portfolio, consisting of cracker facilities at Nagothane in Maharashtra and Hazira, Dahej and Vadodara in Gujarat.With this, the company has completed all of its planned expansion for its petrochemical business. "Ethylene from ROGC is used in downstream plants to produce Mono-Ethylene Glycol (MEG) and Polyethylene .

RIL commissions 'world's largest' refinery off-gas cracker at Jamnagar

The refinery would have a capacity of 1.5 mtpa along with downstream plants and utilities

RIL gains after company hits debt market with $800-mn issue

The development came after Moody's upgraded India's sovereign rating last week from the lowest investment grade Baa3 to a notch higher at Baa2