Page 21 - Ril

RIL's post-tax ROCE could rise by 11% in two years: Morgan Stanley

Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.

Top 10 business headlines: Airtel seeks FDI nod, Jio offers more free calls

From clinical trials for faster availability of new drugs to India's real GDP growth in FY20, here are the top business headlines of the day.

Reliance Industries highest bidder for Reliance Infra tower & fibre assets

According to a top source, the process could take one to two weeks before a final announcement is made.

RIL stock rallies on Jio tariff hike, gains 2.5% to hit all-time high

Foreign brokerage Credit Suisse believes that Jio's tariff hike could bring an annual cash flow in excess of $1.5 billion

Reliance Petroleum case: SAT to hear RIL plea against Sebi order on Nov 13

The Securities Appellate Tribunal on Wednesday is likely to hear an appeal by Reliance Industries Ltd against a Sebi order that had barred the company and 12 of its promoter group entities from dealing in equity derivatives. The watchdog had barred the company and the entities for alleged unfair trade practices related to the securities market. Through an order on March 24, 2017, Sebi had also directed RIL to disgorge Rs 447 crore along with interest. The total amount of disgorgement, including interest, was around Rs 1,952 crore. SAT would hear RIL's appeal against the Sebi ban on Wednesday, as per the tribunal's cause list. Noted lawyer Harish Salve would be appearing for RIL. The case dates back to March 2007, when Mukesh Ambani-led RIL decided to sell 5 per cent stake in Reliance Petroleum, a listed subsidiary which was later merged with RIL in 2009. Sebi ruling was related to alleged fraudulent trading in the F&O space in the securities of Reliance Petroleum. RIL and the 1

Reliance Industries arm increases stake in US-based SkyTran to over 17%

In October last year, Reliance Industrial Investments and Holdings Ltd, a wholly-owned subsidiary of the company, had acquired 12.7% stake in SkyTran Inc.

On request, Reliance again puts off gas bid to November 15: Report

The sources said potential bidders sought more time to evaluate the terms of the offer and so the bidding deadline was pushed back to November 15

RIL debt reallocation a step towards Reliance Jio monetisation: Emkay

RIL has announced that it's setting up a wholly-owned subsidiary called 'Jio Platforms Limited' for its digital platform initiatives

RIL new digital biz to make platform apps attractive to investors: Analysts

RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley

RIL to set up a wholly-owned subsidiary for digital platform initiatives

The subsidiary will also acquire RIL's equity investment of Rs 65,000 crore in Reliance Jio Infocomm Ltd (RJIL)

Best of BS Opinion: A bubble building in bond mkt, RIL-Aramco deal and more

RIL AGMs have become events at which, rather like a prime minister's Independence Day speech, Chairman Mukesh Ambani is expected to make some big bang statements writes Kanika Datta

The fall of Reliance Industries' capital expenditure: Here're the details

The fall in capex is in line with the management's guidance

RIL says on track to produce gas from new field in KG-D6 block by mid-2020

Reliance Industries has so far made 19 gas discoveries in the KG-D6 block

RIL's diesel, petrol volumes grow in double digits despite slowdown

It pegged volume growth for high speed diesel (HSD) at 14-15 per cent and for petrol at 17 per cent YoY

Former anti-corruption body and tax dept boss, K V Chowdary joins RIL board

In a regulatory filing, Reliance said its Board of Directors in a meeting on Friday appointed Chowdary as an Additional Director - Non Executive

Market Wrap, Oct 18: Sensex up 246 pts; RIL hits Rs 9 trillion market cap

YES Bank (up over 8 per cent) emerged as the top gainer on the index while Tata Motors (down 1 per cent) the biggest loser

Top headlines: RIL hits Rs 9 trillion in m-cap, Pak stays on FATF grey list

The CBI on Friday filed a chargesheet before a Delhi court against former finance minister P Chidambaram in the INX Media case

Disclosure of papers on RIL fine: SC declines Centre's plea for stay

Under NELP, contractors are first allowed to recover all their sunk cost before sharing profits with the government

Reliance Industries set to gather steam in H2 on improving outlook

While the corporation tax cut will benefit RIL, it is the improving growth outlook that is driving the stock

Mukesh Ambani ups stake in Reliance Industries by 2.71%; stock falls 1.12%

The additional stake was acquired by Reliance Services and Holdings (controlled by Petroleum Trust