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Reliance Industries Ltd (RELI.BO)

RELI.BO on Bombay Stock Exchange

1,182.60INR
23 Feb 2017
Change (% chg)

Rs-25.05 (-2.07%)
Prev Close
Rs1,207.65
Open
Rs1,213.90
Day's High
Rs1,222.30
Day's Low
Rs1,179.20
Volume
1,089,289
Avg. Vol
315,889
52-wk High
Rs1,222.30
52-wk Low
Rs925.70

Latest Key Developments (Source: Significant Developments)

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

India's Reliance Inds chairman says ethane project at Jamnagar will be ready by end March
Thursday, 1 Sep 2016 03:31am EDT 

India's Reliance Industries : Chairman Mukesh Ambani says ethane project at Jamnagar will be ready by end of this fiscal year . Mukesh Ambani says our synthetic rubber plants are now operational . Mukesh Ambani says working on monetising 3 to 4 trillion cubic feet from KG basin under new gas price guidelines . Mukesh Ambani says shale gas business in the U.S. is in capital preservation mode . Mukesh Ambani says we will be opening 200 fuel retail outlets soon . Mukesh Ambani says our petrochem and refining business will see 40 to 50 percent growth annually in times to come Further company coverage: [RELI.NS] (Reporting By Promit Mukherjee) ((swati.bhat@thomsonreuters.com;)).  Full Article

Eros Now announces integration deal with Reliance Jio
Thursday, 25 Aug 2016 10:59am EDT 

Eros International Plc : Eros Now announces integration deal with Reliance Jio .Announces deal between Eros Now and Reliance Jio.  Full Article

Birla Corp buys shares of RCCPL from RIL
Monday, 22 Aug 2016 07:54am EDT 

Birla Corporation Ltd : Acquired 100% equity shares of RCCPL from RIL . RCCPL has become a wholly owned material subsidiary of Birla Corporation Limited .  Full Article

Reliance Industries says petroleum penalty claims made by India govt are currently under arbitration
Thursday, 18 Aug 2016 01:48am EDT 

Reliance Industries Ltd : Clarifies on news item "Oil ministry slaps $250-mn profit petroleum penalty on Reliance Industries" . All claims made by government of India are denied by contractor group and currently part of an ongoing arbitration . India government has already collected gross $81.7 million in Gas Pool Account towards claim .  Full Article

More From Around the Web

Fitch: Jio Prompts More Consolidation with Bharti-Telenor Deal

(The following statement was released by the rating agency) SINGAPORE, February 23 (Fitch) The agreement by Bharti Airtel Limited (BBB-/Stable) to buy Telenor's Indian telecom operations is the latest sign that the entry of aggressive new operator Reliance Jio is spurring incumbents to consolidate to better meet the intense competition and weaker telcos to exit altogether, Fitch Ratings says. Bharti's credit profile will remain unaffected by the planned acquisition as the benefits from addi