In a year marred by the global financial crisis, stock market volatility and cost-cutting all around, India Inc has managed to retain a tally of 19 homegrown companies with a brand value of more than $1 billion each. With just one company slipping...

The shareholders of the country’s most valued company Reliance Industries (RIL) today approved the 1:1 bonus issue for which the company fixed November 27, 2009 as the record date. In a filing to the Bombay Stock Exchange, RIL said the...

Reliance Industries (RIL), India’s largest private sector company by market capitalisation and sales, is close to announcing a major overseas. If all goes according to plan, RIL is looking to do so before its annual general meeting on November 17, a...

Reliance Industries Limited (RIL) is pleased to announce the first oil discovery in the onland exploratory block CB–ONN–2003/1 (CB 10 A&B) awarded under the NELP-V round of exploration bidding. RIL holds 100% participating interest (PI) inthis...

Mukesh Ambani’s Reliance Industries Ltd is going to be the first private refiner in the country to process domestic crude, with the company entering into an initial agreement to buy oil from Cairn’s fields at Barmer in Rajasthan. The deal...

Reliance Industries’ refining margins could pick up to $7-9 a barrel next year and then back up to $11-12 a barrel by 2011, says Neil Beveridge, analyst, Sanford C Bernstein. In an interview to ET NOW, Mr Beveridge says that an adverse ruling in the...

30th October 2009- Goldman Sachs issued BUY rating on RIL with 12 months target stock price of Rs2,620, implying upside of 31% from the current price. According to report, in future RIL revenues are likely to show strong growth going forward from...

• The Scheme of Amalgamation of Reliance Petroleum Limited (RPL) with Reliance Industries Limited (RIL) has been sanctioned by the Hon’ble High Court of Judicature at Bombay and the Hon’ble High Court of Gujarat at Ahmedabad. The Scheme has become...

Reliance Industries Ltd (RIL) today told the Supreme Court that the gas dispute between the company and Reliance Natural Resources Ltd (RNRL) cannot be put to arbitration, and resolution to the dispute lies in the relevant section of the Companies...

Reliance Industries on Tuesday told the Supreme Court that it would lose money by selling natural gas at $2.34 per million British thermal units or mmBtu. The company’s lawyer Harish Salve told the court that RIL had not told the Bombay HC that sale...