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Tuesday, Nov 24, 2009
 
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Don't wait for court decision on RIL dispute: NTPC24-NOV-09
With Reliance Industries Ltd (RIL) stating in court that gas from its D6 block will be available for only 11 years, NTPC wants the empowered group of ministers (EGoM) to give directions to RIL for supply of gas to its Kawas and Gandhar expansion projects. The company wants the directions to be given under clause 21.6.2 (b) of the production sharing contract for supply of 12 million standard cubic metres a day for 17 years.
RIL: Adding downstream assets24-NOV-09
The LyondellBasell acquisition will undoubtedly catapult the company into the big league.
Sebi showcause back to haunt RIL24-NOV-09
Amended notice asks why firm shouldn’t be barred from mkts.
Bihar govt issues legal notice to RIL23-NOV-09
Annoyed over Reliance Industries' (RIL) alleged lackadaisical attitude in fulfilling the terms and conditions under which it was awarded the contract for reviving a state-run sugar mill, the Bihar government has issued a notice to the Mukesh Ambani-led firm.
LSE cancels automatic trades in RIL depository receipts23-NOV-09
The London Stock Exchange (LSE) has cancelled certain automatic trades that took place in the Reliance Industries (RIL) depository receipts counter this morning.
NTPC seeks govt help to ensure RIL gas supply23-NOV-09
State-run NTPC has asked the government for allocation of natural gas from Reliance Industries (RIL) at a price of $2.34 per mmBtu, pending the outcome of its court case against the Mukesh Ambani-led firm on the issue.
LyondellBasell deal to be value accretive for RIL23-NOV-09
The proposed acquisition of LyondellBasell by Reliance, if it goes through, will be a winning bet for RIL as the company has enough cash reserves to fund the deal, which in turn will further boost its core businesses, say experts.
Sebi notice to RIL, seeks to bar firm from capital mkt23-NOV-09
Market regulator Sebi is understood to have asked Reliance Industries (RIL) as to why it should not be barred from accessing the market in relation to violation of insider trading norms -- a charge denied by the company.
RIL may fuel India Inc's overseas M&A drive23-NOV-09
With signs of green shoots showing in economies worldwide, India Inc’s appetite for overseas acquisitions got a fresh lease of life with Reliance Industries’ estimated $10-12 billion offer for a controlling interest in bankrupt LyondellBasell Industries.
Five of top-10 cos lose Rs 24k cr; RIL on top slot22-NOV-09
As many as five companies among the elite club of top-10 Sensex firms have witnessed an erosion of over Rs 24,000 crore from their market capitalisation previous week, while Reliance Industries (RIL) maintained the top position with a valuation of Rs 3.49 lakh crore.
RIL offers to buy Dutch petrochem firm22-NOV-09
LyondellBasell’s acquisition could add over $50 billion to its revenues.
Gas row: RNRL accuses govt of siding with RIL19-NOV-09
The Anil Ambani group today accused the government of being a party to the "conspiracy" with Mukesh Ambani firm Reliance Industries (RIL) to "destroy" it but dropped its opposition to the Petroleum Ministry putting its stand before the Supreme Court.
RIL to invest $3 billion in new petrochem complex19-NOV-09
Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is planning to spend $3 billion for a new petrochemical complex at Jamnagar.
RIL mulls entry into low-cost housing19-NOV-09
After successfully dabbling in organised retail in 2006, Mukesh Ambani, chairman of India’s largest private sector company, Reliance Industries (RIL), has now set his eyes on no-frills, low-cost housing.
Ambani gas row: Govt must approve suitable arrangement18-NOV-09
The government today asserted in the Supreme Court that any suitable arrangement between the Ambani brothers for the supply of gas from K G Basin has to be approved by it keeping the national interest paramount.
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