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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)

Heurtey Petrochem signs contract with Reliance Industries Ltd
Thursday, 28 May 2015 11:45am EDT 

Heurtey Petrochem SA:Signs of two contracts for a total amount of 43 million euros.First contract with Indian Reliance Industries Ltd concerns the engineering and turnkey delivery of a delayed coker furnace for refinery with delivery due before the end of 2016.Second contract for the delivery in 2017 of 4 heat recovery units in the US.  Full Article

Reliance Industries Ltd announces pricing of $200 mln 5% senior unsecured callable notes due 2035
Tuesday, 19 May 2015 04:58am EDT 

Reliance Industries Ltd:Says pricing of $200 mln 5% senior unsecured callable notes due 2035.Deutsche Bank AG, Taipei Branch and HSBC Bank (Taiwan) Ltd acted as Joint Bookrunners and Lead Managers on the transaction.Morgan Stanley & Co. International plc acted as structuring agent on transaction.These Notes, denominated in $ , have been issued primarily to Taiwanese life insurance companies and are proposed to be listed on Taipei Exchange (formerly known as GreTai Securities Market).Such notes are commonly known as formosa bonds.Notes are being issued at par and will bear fixed interest rate of 5 pct p.a., with interest payable semi-annually in arrears and shall rank pari passu with all other unsecured and unsubordinated obligations of the Company.Notes will also have an annual call option at par starting 5 June 2020.Funds will be utilized for company’s ongoing capital expenditure.  Full Article

Reliance Industries recommends dividend
Friday, 17 Apr 2015 06:32am EDT 

Reliance Industries Ltd:Recommended a dividend of 10.00 Indian rupees per fully paid up equity share.  Full Article

Reliance Industries Ltd and Myanma Oil and Gas Enterprise signs contract for two offshore blocks in Myanmar-Business Standard
Tuesday, 31 Mar 2015 10:01am EDT 

Reliance Industries Ltd and Myanma Oil and Gas Enterprise:Have signed production sharing contracts for two offshore blocks (M17 and M18)-Business Standard.RIL will be the operator of the blocks with a 96 pct participating interest.United National Resources Development Services Co. Ltd. (UNRD), a Myanmar company, will hold the remaining interest in the block.  Full Article

Reliance Industries Ltd Jio announces acquisition of spectrum in the 800MHz and 1800MHz bands
Thursday, 26 Mar 2015 10:43pm EDT 

Reliance Industries Ltd:Says it has acquired the right to use spectrum in 13 key circles across India in the recently concluded spectrum auction conducted by DoT, Government of India.Says through this acquisition, RJIL's total equivalent spectrum footprint has increased from 597.6MHz to 751.1MHz.  Full Article

More From Around the Web


Reliance Jio to offer bargain rates, crosses 100 million customers

MUMBAI Reliance Industries' Jio telecoms unit will charge a tariff for its services from April, but will offer sharp discounts for a year to those who sign up by the end of March, billionaire Indian owner Mukesh Ambani said on Tuesday.