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Tuesday, Nov 24, 2009
 
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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.
RIL may make firm bid for LyondellBasell in Feb23-NOV-09
Reliance Industries (RIL) may make a firm bid to acquire bankrupt chemicals and fuel maker LyondellBasell Industries AF in February 2010 after $20 billion of debt owned by the troubled firm is restructured.
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.
RIL Hazira unit bags 'Excellent Energy Efficient Unit Award'22-NOV-09
Reliance Industries' (RIL) Hazira manufacturing division has bagged the 'Excellent Energy Efficient Unit Award' at the CII National Energy Summit.
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 Rs 500 cr in Reliance Foundation17-NOV-09
Mukesh Ambani-run Reliance Industries (RIL) plans to invest Rs 500 crore to set up a philanthropic entity called Reliance Foundation with plans to scale up its contribution to Rs 1,000 crore.
RIL AGM okays 1:1 bonus; Nov 27 record date17-NOV-09
The shareholders of the country's most valued company Reliance Industries (RIL) today approved the 1:1 bonus issue for which the company fixed November 27, 2009 as the record date.
Gas is not pvt property of Ambani bros: Govt17-NOV-09
The government today opened its arguments in the high-voltage gas row between the Ambani brothers in the Supreme Court asserting that any understanding reached between them was not binding on it as gas was not their "private property".
RIL to expand petrochemical complex by 2 MT17-NOV-09
Mukesh Ambani-run Reliance Industries (RIL) today said it will expand its Jamnagar petrochemical complex by adding 2 million tonnes (MT) per year of olefins and matching downstream capacities.
Oilfield output in RIL's KG-D6 to peak by yr-end17-NOV-09
Reliance Industries' (RIL) MA oilfield in the predominantly gas-rich KG-D6 block will hit peak output by this year-end, even as plans are underway to put nine more gas discoveries in the area into production, its Chairman Mukesh Ambani said today.
Power sector major beneficiary of D6 gas16-NOV-09
The power sector has been the major beneficiary of Reliance Industries Ltd’s D6 gas. The assured gas supply to the sector from two tranches of allotment done by the government will be over 30 million standard cubic metres a day (mscmd), which is double of what is expected to go to the fertiliser sector.
Gas row: RIL counters RNRL's claim on MoU approval13-NOV-09
Mukesh Ambani group firm Reliance Industries (RIL) today told the Supreme Court that its directors have filed the affidavits in the gas row to counter Anil Ambani's contention that the family MoU was approved by the RIL board.
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