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Monday, Nov 23, 2009
 
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RIL: Adding downstream assets24-NOV-09
The LyondellBasell acquisition will undoubtedly catapult the company into the big league.
1% of NSE and 6% of MCX on the block24-NOV-09
One of the domestic financial houses plans to sell 450,000 equity shares of the National Stock Exchange (NSE), amounting to 1 per cent stake in the largest exchange in India. Sources said that one of the banks might be offloading a part of its stake. The process has already started with SBI Caps Securities, the investment banker for this transaction, asking for bids from institutions. Sources indicated that Rs 3,600-3,650 per share is being sought by the offloading entity.
The top 10 business bestsellers24-NOV-09
DISNEY WAR Author: James B Stewart Publisher: Simon & Schuster Price: Rs 1,287 ISBN: 9780684809939. FREE Author: Chris Anderson Publisher: Random House Price: Rs 502 ISBN: 9781905211487. THE PROFESSIONAL Author: Subroto Bagchi Publisher: Penguin Price: Rs 399 ISBN: 9780670082957. THE THREE TRILLION DOLLAR WAR Author: Joseph Stiglitz Publisher: Penguin Price: Rs 299 ISBN: 9780141039442. SUPERFREAKONOMICS Authors: Steven D Levitt and Stephen J Dubner Publisher: Penguin Price: Rs 399 ISBN: 9780713999914. TAMING GLOBAL FINANCIAL FLOWS Author: Kavaljit Singh Publisher: Palgrave Price: Rs 247 ISBN: 1856497844. GETTING THINGS DONE Author: David Allen Publisher: Penguin Price: Rs 562 ISBN: 0142000280. UNDERSTANDING FINANCIAL STATEMENTS Authors: Moira Chatton and James O Gill Publisher: Crisp Publications Price: Rs 744 ISBN: 1560524251. THE SECRETS OF POWER NEGOTIATING Author: Roger Dawson Publisher: Career Press Price: Rs 895 ISBN:
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.
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.
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.
Piyo tablet full22-NOV-09
Now, a protein from milk acts as a stress-buster.
RIL offers to buy Dutch petrochem firm22-NOV-09
LyondellBasell’s acquisition could add over $50 billion to its revenues.
Suzlon sells 35% stake in Hansen20-NOV-09
Will raise Rs 1,729 crore through sale in Belgian arm to reduce debt burden.
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