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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.
Parasaran begins arguments in gas row18-NOV-09
Additional Solicitor General Mohan Parasaran asserted today that all natural resources, including gas, were the property of the central government, according to Article 297 of the Constitution. They cannot be shared among private parties, ignoring the interest of the government, custodian of the public interest.
Mukesh Ambani lays out aggressive vision for RIL18-NOV-09
Mukesh Ambani, chairman of Reliance Industries Ltd, India’s largest private company, today laid down a road map for business transformation and value creation for the company at its 35th annual general meeting.
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.
Investors, lenders look for performance, not promises: MDA17-NOV-09
Industrialist Mukesh Ambani today said capital markets now appreciate companies that create real value rather than those that make believe, and likewise performance more than promises help companies raise funds.
Top-8 cos add Rs 1 lakh cr in m-cap last week15-NOV-09
The country's most valued firm Reliance Industries (RIL) helped eight of the top-10 Sensex firms add over Rs 1 lakh crore in their market valuation during the last week, while the state-run MMTC and private telecom services provider Bharti Airtel saw value erosion.
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.
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