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Saturday, May 08, 2021

Reliance Industries Ltd

RELIANCE INDUSTRIES LTD NEWS

RIL, BP start output from Asia’s deepest offshore field

December 19, 2020 2:36 am

R Cluster, the ultra-deep-water gas field in block KG D6 off the east coast of India. Located at a water depth of over 2,000 m, it is the deepest offshore gas field in Asia.

Explained: What start of gas production in KGD6 means for India

December 20, 2020 10:35 am

The R cluster, along with the Satellite Cluster and MJ gas fields in the Krishna Godavari Basin are expected to produce around 30 MMSCMD of natural gas or about 15% of India’s projected demand for natural gas by 2023.

RIL profits decline in Q2; Jio net rises 187%

October 31, 2020 12:54 am

The net profit (attributable to the owners of the company) fell 15 per cent to Rs 9,567 crore in the quarter from Rs 11,262 crore last year.

Reliance Retail adds Future Group firms to its shopping cart

August 30, 2020 3:09 am

After months of negotiations, Reliance Retail Ventures Ltd announced Saturday that it is acquiring the retail and wholesale business, including the Big Bazaar hypermarket chain, and the logistics and warehousing business from the Future Group as going concern on a slump sale basis.

RIL rights issue set to open on May 20, closing date is June 3

May 17, 2020 12:38 am

This is the first rights issue by RIL in nearly three decades. It will be priced at Rs 1,257 a share in the share ratio of 1:15 (one rights share for every 15 shares held). The issue amount is Rs 53,125 crore.

Explained: Why is RIL racing ahead on Dalal Street?

May 13, 2020 1:21 pm

Reliance Industries (RIL) Share Price: The sharp rise of 46 per cent in the share prices of RIL over the last one-month comes amidst a volatile market condition that led to a Sensex crash of 26.7 per cent since January this year.

Reliance-BP petrol pumps to dent PSU market share: report

December 22, 2019 11:37 am

A research report from Morgan Stanley said the overall increased competition in domestic fuel markets would re-rate multiples as fuel pricing gets delinked from government intervention.

Saudi Aramco to bring largest FDI: 20% stake in RIL oil

August 13, 2019 9:23 am

Saudi Aramco’s potential 20 per cent stake which is based on an enterprise value of $75 billion for the O2C division of RIL is worth around $ 15 billion, or Rs 1,06,000 crore.

Reliance Industries Limited becomes world's third largest energy firm

September 25, 2017 4:20 pm

Russia's Gazprom snagged the number 1 spot, ending US oil and gas giant ExxonMobil's 12-year reign at the top of the list (ExxonMobil holding within the lead ten at 9th place)

RIL net rises 12.5% to $1 bn on record refining margin

October 17, 2015 3:54 am

RIL said retail revenues for the second quarter rose by 22 per cent to Rs 5,091 crore.