Reliance Industries Limited (RELIANCE) - Oil & Gas - Deals and...

Reliance Power, a part of the Anil Ambani-led group, Monday reported a 94 percent rise in total income for the fourth quarter of 2012-13 at Rs.1,265 crore ($233 million) and a 15-percent increase in new profit at Rs.266 crore ($49 million).

This would have been unimaginable a few years ago, but the latest annual report of Reliance Industries shows that the Mukesh Ambani company has invested Rs 300 crore in Tata Sons bonds. The unlisted holding company of the Tata group, Tata Sons ...

The Securities Exchange Board of India (SEBI) has fined a unit of energy conglomerate Reliance Industries Ltd(RELI.NS) 110 million rupees over a 2007 insider trading case. The company, Reliance Petroinvestments Ltd, has 45 days to pay the fine, the SEBI said ...

British oil major BP plc and Reliance Industries Ltd (RIL) Monday sought a clear roadmap from the government on natural gas pricing.BP Group chief executive Bob Dudley and RIL chairman Mukesh Ambani met Montek Singh Alhuwalia, deputy chairman of the Planning ...

Ambani, who heads Reliance Industries group, was paid a higher compensation of $276,816 by the bank in the previous year, 2011.

Most major corporate houses, such as the Tata group, Birla group and Reliance Industries are interested in setting up new banks. The Reserve Bank of India (RBI) is likely to give banking licences to seven-eight new entities, including aspirants among non-banking financial companies, as well as industrial houses. The number of new licences to be issued, which would be much higher than what the prospective applicants had estimated, was arrived at after rounds of discussions with the government.

Flush with billions of dollars in cash, Mukesh Ambani-led Reliance Industries Ltd (RIL) has parked more than Rs 800 crore in various mutual fund schemes of younger sibling Anil-led Reliance Group.

RIL accounted for most of this loss, as the groups other listed entity, Reliance Industrial Infrastructure Ltd, commands a total market value of less than Rs 500 crore

New Delhi: Reliance Industries said that the company and its partner BP Plc plan to jointly invest more than $5 billion over the next three to five years to boost output from the KG D6 gas field.Bob Dudley, BP Group chief executive and Mukesh Ambani, chairman ...