The Oil Ministry had sought an opinion of the Law Ministry on the July arbitration award going against the govt
Both RIL and TCS now account for nearly a tenth of the country's market value
Thus far in calendar year 2018, RIL has outperformed the benchmark indices to rally 36.85%
Bata India, Berger Paints, Britannia Industries, Page Ind, Godrej Consumer, L&T Infotech and L&T Technology Services hit new highs today.
Force majeure is typically declared when matters deemed beyond a refinery's control disrupt supplies, allowing it to void some of its contractual obligations to customers
Experts highlight that this has the potential to revive the ailing fertiliser segment in the country by competing with the re-gasified liquid natural gas
Reliance Industries had last month crossed the $100-billion market capitalisation mark
In past one year, RIL rallied 50% against 18% rise in the S&P BSE Sensex.
This is the first time since April 11 that RIL's market cap has been higher than TCS
As part of its rationalisation strategy, the company has exited its entire conventional oil and gas blocks portfolio outside India
The company's revenue for the quarter under review surged 54.3 per cent to Rs 1.29 trillion from Rs 835 billion
Petchem along with refining to continue driving earnings
RIL began to import crude from Iran in April 2016 after a six-year hiatus after the then US government sewed up nuclear deal with Tehran
It posted a PBDIT of Rs 12.06 billion in the first half of 2018-19 financial year
The stock was up 2% higher at Rs 1,133 on the BSE, trading close to its record high of Rs 1,138 touched on July 20, 2018 in intra-day trade.
GCL had provisional annual turnover of Rs 860.2 million in fiscal year 2017-18
Total number of stores run by Reliance Retail is 7,573
Company creating platform for building corpus and setting up full-fledged sustainability team
United Breweries, Page Industries and Sundram Fasteners from the S&P BSE500 index hitting their respective new highs on the BSE in intra-day trade in otherwise subdued market.
The stock hit a new high of Rs 1,011.70, up 1% on the BSE, surpassing its previous high of Rs 1010.70 recorded on April 27, 2018.