May 13 2010
ADAG Feels the Heat as TPC plans to go to Court The Tata Power Company’s (TPC) decision not to pay heed to the Maharshtra government’s diktat to sell power to RInfra has exposed the state’s lackadaisical approach to the power sector. The state...
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May 12 2010
BP PLC (BP, BP.LN) said Monday it supported a decision by India’s highest court in a case involving Reliance Industries to give precedence to government production sharing contracts over other agreements. India’s Supreme Court last week...
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May 11 2010
When two children are fighting on the same piece of chocolate, how would a mother play a mediating role between them? Either she will buy a new chocolate for the other child or just divide that sole piece of chocolate into two equal parts to be...
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May 7 2010
Highlights • The Indian Supreme Court just released its long awaited verdict on the gas price dispute between Reliance Industries (RIL) and RNRL, ruling by 2 to 1 in favor of RIL. It was ruled that the government PSC takes precedent over all other...
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Apr 28 2010
Reliance Industries Limited (RIL) announced it’s fourth oil discovery in exploratory block CB-ONN-2003/1 (CB 10 A&B) located onland in the Cambay Basin and awarded under NELP-V round of exploration bidding. The well, CB10A-F1, was drilled to a...
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Apr 12 2010
Reliance Industries Limited (RIL) today announced that its Subsidiary, Reliance Marcellus LLC, has executed definitive agreements to enter into a joint venture with United States based Atlas Energy, Inc. (NASDAQ: ATLS), of Pittsburgh, Pennsylvania under...
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Apr 7 2010
RIL Solar Group implements Solar Power requirements for the Games Commissions India’s first 1MW solar PV power plant The solar energy initiative of Reliance Industries Ltd. (RIL), RIL Solar Group, has successfully implemented and commissioned...
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Jan 13 2010
The Andhra Pradesh Police on Monday arrested the former president of the National Students’ Union of India (NSUI) for allegedly masterminding the January 7 attacks on the property of Reliance Industries. Vamsichand Reddy, a staunch follower of Kadapa...
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Jan 5 2010
Reliance Industries on Monday raised Rs 2,675 crore selling shares held by its treasury to build a war chest probably to buy the bankrupt petrochemical major LyondellBasell, for which it may have to pay over the odds, as the global economic recovery...
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Dec 15 2009
New York bankruptcy court to hear former owner’s updated rescue plan today. Reliance Industries Ltd (RIL), in its efforts to gain control over LyondellBasell, is looking to team up with the unsecured creditors and bond holders of the bankrupt Dutch...
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