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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)

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

Reliance Industries seeks members' nod for NCD issue of up to 100 bln rupees
Thursday, 4 Aug 2016 08:43am EDT 

Reliance Industries Ltd : Seeks members' nod to issue NCDs for up to 100 billion rupees .  Full Article

Reliance Industries says post cessation of production in Tapti, processing facilities handed to ONGC
Friday, 15 Jul 2016 07:52am EDT 

Reliance Industries Ltd : June-quarter demand for pet was affected by regulations imposed on sale of pharmaceuticals formulations and drought across the country . Post cessation of production in Tapti in March 2016, processing facilities and export pipelines have been handed over to ONGC .  Full Article

Reliance Industries says June-qtr GRM at $11.5 per bbl
Friday, 15 Jul 2016 07:48am EDT 

Reliance Industries Ltd : Says June-quarter gross refining margin at $11.5 per bbl . Outstanding debt as on 30 June 2016 was inr 1.87 trln compared to inr 1.80 trln as on 31 March 2016 . Cash and cash equivalents as on 30th June 2016 were at inr 908.12 billion compared to inr 899.66 billion as on 31st March 2016 .  Full Article

Reliance Industries June-qtr consol profit 71.13 bln rupees
Friday, 15 Jul 2016 07:39am EDT 

Reliance Industries Ltd : India's Reliance Industries Ltd June-quarter consol net profit 74.64 billion rupees . India's Reliance Industries - June-quarter consol net sales 649.9 billion rupees . Consensus forecast for June-quarter consol net profit was 65.15 billion rupees . Consol net profit reported in June-quarter last year was 62.22 billion rupees; consol net sales was 771.30 billion rupees . Says June-quarter total comprehensive income (after tax) 74.64 billion rupees . India's Reliance Industries Ltd says June-quarter consol net profit after taxes, minority interest, share in profit was 71.13 billion rupees . The first consol net profit alert was first sourced from TV and was later confirmed from a press release at the NSE .  Full Article

Reliance Industries says RIL and SBI to set up payment's bank
Friday, 1 Jul 2016 07:28am EDT 

Reliance Industries Ltd : Ril and sbi execute the subscription and shareholders agreement for setting up payment's bank . Payments bank will work towards digitising payments . Agreement signed by ril as promoter with 70 percent equity contribution and sbi as jv partner with 30 percent equity contribution . Payments bank will work towards promoting digital savings and investment products .  Full Article

Reliance Industries signs deals for sale of interest in gulf Africa Petroleum Corp
Tuesday, 31 May 2016 03:16am EDT 

Reliance Industries Ltd : Reliance signs agreements for the sale of its interest in gulf Africa petroleum corporation to total . Unit Reliance exploration & production dmcc, total executed deals for sale of 76% interest held by repdmcc in gulf Africa petroleum . Net proceeds for the sale will be finalized on completion of the transaction which is expected to be within the coming months . Repdmcc and minority shareholder have agreed to sell their entire respective holdings in gapco for cash .  Full Article

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