Reliance Industries
RIL Q2 net vaults 13% to Rs8,097 cr as refining margins peak
14 Oct 2017
Gross refining margins of Reliance Industries for the July-September 2017-18 quarter hit a 9-year high of $12 per barrel, which helped the conglomerate offset the Rs271-crore loss at its telecom arm Reliance Jio
RIL sells US shale asset at $126 mn after buying it for $392 mn
07 Oct 2017
The US shale market has become highly competitive and companies have cut costs to stay afloat after a slump in crude oil and gas prices
Reliance acquires Kemrock in auction-sale by lenders
07 Sep 2017
Kemrock’s total liabilities include lenders’ claims of Rs1,652.18 crore, Rs1.41 crore dues to the EPFO, Rs205.77 crore excise and customs duty dues and a VAT liability of Rs82.16 crore
Jio launches ‘effectively free’ 4G phone; data starts at Rs24
21 Jul 2017
At Rs153 a month (with free-for-ever voice and Rs24 per GB data), it is only 3 per cent of the existing price, putting an end to unaffordable data for all Indians forever, chairman Mukesh Ambani said
RIL consolidated Q1 net hits record Rs9,108 cr as refinery margin swells
21 Jul 2017
RIL said its consolidated profit was also boosted by robust growth in retail business, which recorded a 73.6 per cent increase in revenue to Rs11,571 crore
Jio subscriber data breached in largest hack in India
10 Jul 2017
Reliance Jio said it was probing alleged leakage of sensitive details, including mobile numbers and Aadhar number of millions of its subscribers
Jio launches longest 100Gbps-technology undersea cable
30 Jun 2017
The cable, the longest 100Gbps technology based submarine system, will stretch over 25,000 km from Marseille, France, to Hong Kong, with 21 cable landings across Asia and Europe
BP, RIL to expand partnership, invest Rs40,000 cr in KG gas fields
16 Jun 2017
The two companies plan to expand collaboration beyond the conventional transportation and aviation fuels retailing to nonconventional mobility solutions, addressing electrification, digitisation and disruptive mobility trends
RIL emerges world’s second largest producer of paraxylene
10 Jun 2017
With the commissioning of its third crystallization train RIL has emerged the world’s second largest producer of paraxylene after BP, with an annual capacity of 2.2 million tonnes or about 11 per cent of global production
Reliance Jio becomes fastest 4G network in India
05 Jun 2017
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