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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.
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.
Another RIL counsel continues arguments in gas dispute case14-NOV-09
Though Senior Counsel Harish Salve concluded his arguments in the Ambani brothers’ case on the eleventh day today in the Supreme Court, another counsel for the RIL started arguments challenging the Bombay High Court’s judgment on the sharing of gas from the K-G basin.
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.
RIL questions RNRL's demand for gas without plant13-NOV-09
The Mukesh Ambani-led RIL today questioned in the Supreme Court the demand of brother Anil Ambani-led RNRL for the immediate supply of gas from the K-G basin, saying that it cannot be done in the absence of the proposed power plant as per the agreement reached between them.
Ambanis' 2005 family deal not binding: RIL counsel12-NOV-09
The memorandum of understanding arrived at in the Ambani family in 2005 to divide the industrial assets between brothers Mukesh and Anil was only a “guiding tool” and could not be treated as binding on the demerged companies, Reliance Industries’ counsel Harish Salve told the Supreme Court today.
Gas row: RIL says RNRL can't trade in gas11-NOV-09
Mukesh Ambani's Reliance Industries (RIL) today told the Supreme Court that the demerger scheme worked out with his brother Anil Ambani was categorical that the gas supplies from the KG Basin to his group was not for trading and meant for promoting power generation plant.
RIL discovers oil in Cambay basin11-NOV-09
Mukesh Ambani-controlled Reliance Industries (RIL) today said it has made its first on-land oil discovery in the Cambay basin, around 130 km from Ahmedabad.
HC directs RIL to amend petition against NTPC in two weeks05-NOV-09
The Bombay High Court today directed Mukesh Ambani-led RIL to carry out amendments in its petition against state-owned NTPC on a gas supply deal within two weeks.
CAG audit of RIL to begin this month03-NOV-09
The country’s premier audit body, the Comptroller and Auditor General(CAG), has constituted a high-level team for auditing Reliance Industries’ expenses on eastern offshore KG D-6 fields. The exercise will begin this month.
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