Page 9 - Ril
Reliance-BP to get 'Ruby' from South Korea to boost KG-D6 gas output
Ruby, a floating production storage and offloading vessel destined for Reliance Industries Ltd's MJ deep-water oil and gas development project in KG-D6 block, has set sail from South Korea, partner BP plc's CEO Bernard Looney said. MJ is the third and last of a set of discoveries that Reliance and its partner BP of UK are developing in the eastern offshore block. The two will use a floating production system at high-sea in the Bay of Bengal to bring to production the deepest gas discovery in the KG-D6 block. "'Ruby' has just set sail for the 5000-km journey from South Korea to Kakinada, India where she'll help ramp up domestic gas production. "I've been in this industry for many (many) years but the sheer size and engineering genius of vessels like this still amazes me. A big thanks to the teams at bp and Reliance Industries Limited, for making this happen safely and efficiently," Looney wrote in a LinkedIn post. The MJ-1 gas find is located about 2,000 metres directly below the ..
 "Reliance-BP to get 'Ruby' from South Korea to boost KG-D6 gas output")
Reliance Industries ups O2C play as competitive intensity grows
Adani, TCG among key rivals in the sector
 "Reliance Industries ups O2C play as competitive intensity grows")
Tariff hikes needed for monetising Rs 2 trn investment: Analysts on Jio 5G
Analysts at Jefferies said Jio's approach to 5G has striking similarities to its approach to 4G with the company investing aggressively-potentially ahead of time-to create a state of art network
 "Tariff hikes needed for monetising Rs 2 trn investment: Analysts on Jio 5G")
WhatsApp-JioMart to help RIL take on Amazon and Flipkart, experts say
Experts say the partnership will give JioMart access to over 487 million WhatsApp users in India. Experts say that the total annualised active e-commerce users in the country are only 200 million.
 "WhatsApp-JioMart to help RIL take on Amazon and Flipkart, experts say")
45th Reliance AGM Meet 2022: New announcement, key points, and highlights
45th Reliance AGM Meeting 2022: Reliance(RIL) will partner with Meta, Microsoft, Google and Intel for the next-generation technology. 5G will roll out in India by Diwali 2022. Read to know everything
 "45th Reliance AGM Meet 2022: New announcement, key points, and highlights")
Reliance aims to double its value in 5 years as it gets future-ready
5G, new energy, O2C, retail, FMCG among growth engines for company, says Ambani
 "Reliance aims to double its value in 5 years as it gets future-ready")
Despite windfall tax, ONGC, Oil India's earnings look positive for FY23
With diverse revenue streams RIL is less impacted, while oil marketing companies have seen earnings downgrades amidst volatility in oil prices
 "Despite windfall tax, ONGC, Oil India's earnings look positive for FY23")
Reliance Jio eyes 100 mn homes through its 5G fixed wireless access
Will be one of the world's largest players in this space once live
RIL AGM: Mega expansion in new energy biz, Rs 75,000 cr for petchem
Chairman Mukesh Ambani also announces new gigafactory for power electronics, RIL set up India's first Carbon Fibre plant at Hazira with a capacity of 20,000 tonnes a year
 "RIL AGM: Mega expansion in new energy biz, Rs 75,000 cr for petchem")
RIL's O2C business gets leg-up with Rs 75,000-cr investment over 5 years
World's largest carbon-fibre and PTA plants planned; 1 MMTPA PET unit at Dahej
 "RIL's O2C business gets leg-up with Rs 75,000-cr investment over 5 years")
RIL's initial bid for Metro Cash & Carry India at Rs 5,600 crore: Report
Thailand's CP Group has placed a bid of about Rs 8,000 crore, or $1 billion, to acquire Metro Cash & Carry India
 "RIL's initial bid for Metro Cash & Carry India at Rs 5,600 crore: Report")
Green hydrogen: India Inc's next big thing even as policies take shape
Undeterred by the absence of policy or supply chain, conglomerates, and RE companies are investing heavily in this new fuel.
 "Green hydrogen: India Inc's next big thing even as policies take shape")
RIL, Nayara face windfall profit tax on local supplies alongside exports
The government on July 1 levied Rs 13 per litre additional excise duty on diesel exported out of India
 "RIL, Nayara face windfall profit tax on local supplies alongside exports")
RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani
5G coverage planning done in 1,000 cities, retail investments at Rs 30,000 cr
 "RIL annual report: Growth engines shifting to top gear, says Mukesh Ambani")
Share acquisition case: Let RIL access documents, Supreme Court tells Sebi
'Regulator has a duty to act fairly', says apex court in order that gives relief to the company
 "Share acquisition case: Let RIL access documents, Supreme Court tells Sebi")
Amended Energy Conservation Bill seeks to build carbon credit market
Will also embrace green fuels, industrial energy efficiency
 "Amended Energy Conservation Bill seeks to build carbon credit market")
Jindal Power exits race to buy JBF Petro; RIL, others in contention
L N Mittal-backed HPCL-Mittal Energy and govt-owned companies remain in contention for the bankrupt firm
 "Jindal Power exits race to buy JBF Petro; RIL, others in contention")
CFM ARC sells JBF Industries assets to Reliance Industries entity
RIL was the lone bidder for the company with a Rs 825-crore offer as against the dues of Rs 2,100 crore of banks
 "CFM ARC sells JBF Industries assets to Reliance Industries entity")
Latest news LIVE: 11 Rajya Sabha MPs suspended from Monsoon Session
From 5G auction to coronavirus and more, catch all the latest developments from across the globe here
 "Latest news LIVE: 11 Rajya Sabha MPs suspended from Monsoon Session")
Broking houses cut target price for RIL after disappointing Q1 show
Steepest cuts from Citi and Morgan Stanley; stock sheds 3.33% to end at Rs 2,420
 "Broking houses cut target price for RIL after disappointing Q1 show")