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Reliance Industries Ltd (RELI.BO)

RELI.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Reliance Industries announces completion of sale of interest in Gulf Africa Petroleum Corp
Wednesday, 29 Mar 2017 08:57am EDT 

Reliance Industries Ltd :Says reliance completes transaction for the sale of its interest in Gulf Africa Petroleum Corporation (GAPCO) to TOTAL.  Full Article

India's Reliance Industries: to appeal SEBI order over trading in Reliance Petroleum shares
Friday, 24 Mar 2017 12:49pm EDT 

Reliance Industries Ltd : RIL to appeal SEBI order . Says SEBI appears to have misconstrued the true nature of the transactions and imposed unjustifiable sanctions . Says in the process of consulting our legal advisors . Says proposes to prefer an appeal and challenge the order in Securities Appellate Tribunal .Says trades in Reliance Petroleum shares which were examined by SEBI were genuine and bona fide transactions.  Full Article

Reliance Industries says Devarshi Commercials, Tattvam Enterprises bought shares of co via block deal
Wednesday, 15 Mar 2017 09:23am EDT 

Reliance Industries Ltd :Devarshi Commercials, Tattvam Enterprises bought 355.4 million shares and 40.7 million shares of co respectively on March 9 via block deal.  Full Article

Reliance Industries says promoter group entities to acquire up to 1.19 bln shares of co
Thursday, 2 Mar 2017 07:24am EST 

Reliance Industries Ltd : Says entities forming part of co's promoter group to acquire up to 1.19 billion equity shares of co .Says proposed inter se transfers will not result in any change in promoter group shareholding in RIL.  Full Article

Fitch says Jio prompts more consolidation with Bharti-Telenor deal
Thursday, 23 Feb 2017 05:04am EST 

Fitch: Fitch: Jio prompts more consolidation with Bharti-Telenor deal . Fitch on Indian telecom - Bharti's credit profile will remain unaffected by planned acquisition as benefits from additional spectrum assets will offset spectrum liabilities taken over . Fitch: Bharti could raise funds by monetising a part of its 72% stake in its tower entity, Infratel .Fitch on Indian telecom - Continue to believe that competition will continue to remain high.  Full Article

Loyal Equipments receives order from Reliance Industries worth 8.7 mln rupees
Tuesday, 21 Feb 2017 03:45am EST 

Loyal Equipments Ltd :Says received an order from Reliance Industries Limited worth INR 8.7 million for supply of tube bundle for its Jamnagar plant.  Full Article

Reliance Industries exec says current debt on Jio at 490 bln rupees
Monday, 16 Jan 2017 08:00am EST 

Reliance Industries Ltd : Reliance Industries exec says current debt on Jio is INR 490 billion . Reliance Industries exec says by 2017-18 the company likely expects $3.5 billion incremental operating profit . Reliance Industries exec says the petcoke gassification project will be completed by June . Reliance Industries exec says refinery off gas cracker project will be completed by end of March . Reliance industries exec says expect double digit demand growth in petroleum products . Reliance Industries exec says co will not be able to start 1400 fuel outlets by March 31 2017 . Reliance Industries exec says focussed on organic growth in telecom for now . Reliance Industries exec says will look at sustainibility of crude prices to make incremental investments in shale business in US Further company coverage: [RELI.NS] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Reliance Industries, GE signs partnership deal in Industrial IOT space
Thursday, 17 Nov 2016 06:58am EST 

Reliance Industries Ltd : Reliance Industries and GE form a global partnership to drive digital transformation in the industrial world .GE will provide its predix cloud offering, industrial internet applications.  Full Article

Mitsui O.S.K. Lines signs contract with Reliance Industries - Nikkei
Wednesday, 9 Nov 2016 04:41pm EST 

Nikkei:Mitsui osk lines to ship shale gas byproduct to india under long-term contract with Reliance Industries -Nikkei.  Full Article

India's Reliance Inds chairman: will not withdraw arbitration over gas pricing dispute in KG basin
Thursday, 1 Sep 2016 05:14am EDT 

Reliance Industries Ltd : Chairman Mukesh Ambani says will not withdraw arbitration over gas pricing dispute in KG basin Further company coverage: [RELI.NS] (Reporting By Promit Mukherjee) ((swati.bhat@thomsonreuters.com;)).  Full Article

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