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Reliance Industries Ltd (RIL) chairman and India’s richest industrialist Mukesh Ambani is all set to become the richest man on earth in 2014 with a net worth of USD 62 billion, according to a forecast issued by the prestigious Forbes magazine....
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An interesting corporate battle lies ahead for the India Inc as the London- based Vedanta Group headed by the one and only Anil Agarwal is all set to acquire a...
made popular Aug 20 2010
The much talked about Reliance Industries Ltd’s (RIL) Annual General Meeting today in Mumbai proved to be a damp squib as RIL chairman’s estranged younger...
made popular Jun 19 2010
Mukesh Ambani is back in telecom, and with a bang. Buying up Infotel Broadband, which bid the most in the broadband wireless access (BWA) spectrum auctions and secured...
made popular Jun 14 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...
made popular May 8 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...
made popular Jan 13 2010
Reliance Industries Chairman Mukesh Ambani has been awarded the inaugural Dean’s Medal by the University of Pennyslvania’s School of Engineering and Applied...
made popular Jan 13 2010
Reliance Industries’ eastern offshore KG-D6 gas has helped fertilizer companies bring down cost of urea production by 18 per cent and has helped save about Rs...
made popular Jan 12 2010
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...
made popular Dec 15 2009
Reliance Industries Ltd (RIL) today told the Supreme Court that the gas dispute between the company and Reliance Natural Resources Ltd (RNRL) cannot be put to...
made popular Oct 30 2009
Reliance Industries Ltd today came to the aid of the flood-hit people of Andhra Pradesh and donated Rs 11.11 crore (Rupees eleven crore and eleven lakh) to the Chief...
made popular Oct 15 2009
Reliance Industries (RIL) on Tuesday told the Supreme Court that its chairman, Mukesh Ambani, had signed a memorandum of understanding (MoU) containing provisions...
made popular Oct 10 2009
Reliance Industries Ltd., India’s most valuable company, issued a notice to suspend gas supplies to Reliance Infrastructure Ltd for defaulting on payments. The...
made popular Sep 26 2009
ADAG was quick to respond to Petroleum Minister’s justification in the Parliament regarding Oil Ministry’s intervention in high profile RIL-RNRL case. Though, Mr....
made popular Sep 17 2009
Gas dispute between Ambani brothers has caught the attention of millions of eyes in the country. Desperation for getting a large pie from KG D-6 output has gone to the...
made popular Sep 12 2009
If Mukesh Ambani loses, more lawsuits will follow. And everyone will lose, especially the people of India.
If Anil wins, the government’s power, fertiliser and city...
made popular Sep 11 2009
The Mukesh Ambani-controlled Reliance Industries (RIL) in a letter to the ministry of petroleum and natural gas said that the selling price of gas from the KG-D6 oil...
made popular Sep 9 2009
RIL Director PMS Prasad addresses the many charges laid at the company’s doors. Reliance Industries’ gas field off India’s east cost has been a subject of massive...
made popular Sep 7 2009
Reliance Industries has said that it had in December 2005 signed a contract to sell natural gas to NTPC at USD 2.34 per mmBtu price for 17 years, but it was the...
made popular Sep 5 2009
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Govt delays restricting RIL’s production: Prasad
Gas production from Reliance Industries Ltd’s (RIL) KG D6 block in the Bay of Bengal has the potential to cut...
made popular Sep 4 2009
Denying Anil Ambani Group’s charges of “hoarding” gas and creating “artificial scarcity”, RIL Executive Director and Head of Oil and Gas Business PMS Prasad...
made popular Sep 1 2009
Mukesh Ambani-led RIL today hit at state owned NTPC for “misleading” the government by saying that it was not aware of the condition that the price of gas...
made popular Aug 29 2009
“Since its establishment in the 70s, the NTPC has been run professionally. But at stake today, are huge sums that will flow from the balance sheet of NTPC, and...
made popular Aug 27 2009
RIL has agreed to a special audit by CAG proposed by the government, thus setting high standard for transparency and corporate governance. Mukesh Ambani led Reliance...
made popular Aug 25 2009
Terming as ‘malicious, baseless, mischievous and ill-informed’ the advertisement propaganda by Anil Ambani Group on its gas field capex,
One of the issues...
made popular Aug 25 2009
Dynamic transformation in energy markets and developments in technology can converge to place natural gas generator sets on the forefront of energy...
made popular Aug 22 2009
The industry is concerned after the judgment of the Bombay High Court according to which Reliance Natural Resources Ltd (RNRL) is to get 28 mmscmd of gas from the KG...
made popular Aug 21 2009
The Bombay High Court judgment in RIL-RNRL case derails the Government Gas Utilization policy allocating gas to priority sector, where fertilizer sector has been given...
made popular Aug 19 2009
MUKESH Ambani- led Reliance Industries Ltd ( RIL) has informed the government that it has no objection to the Comptroller and Auditor General ( CAG) of India auditing...
made popular Aug 20 2009
The new price sought by the Ravva consortium is 60 per cent more than the maximum price of $4.20 per mmBtu approved for RIL’s KG-D6 fields
Even as debate rages on the...
made popular Aug 18 2009
According to NELP production sharing contracts, while allowing the freedom to market natural gas, it also recognizes the government’s role in directing usage. In this...
made popular Aug 18 2009
I was shocked to read an advertisement in the mint released by Anil Ambani soliciting public opinion in its favor in the infamous gas case. As if public is competent to...
made popular Aug 17 2009
The petroleum ministry needs to work out a smart, clear and quick strategy of shielding round eight of the National Exploration and Licensing Policy from the on-going...
made popular Aug 13 2009
RIL does not have freedom to sell at a different price than Govt approved price of USD 4.2 per mmbtu. As per the Additional Solicitor General of India therefore,...
made popular Aug 7 2009
Under the production sharing contract, the Government, the Government has a mechanism for recovery of cost and profit sharing under between the contractor and the...
made popular Sep 2 2009
The financial irregularities in Satyam Computer Services Limited, due to which investor’s confidence has been badly shaken, will pale into insignificance in...
made popular Jan 14 2009
Literally born with a (most expensive) silver spoon!
Daughters of billionaires Lakshmi Mittal, Mukesh Ambani and K P Singh follow their fathers into the Forbes list.
made popular Sep 2 2008
The e-mail of Indian Mujahideen, which has claimed responsibility for the terror strikes in Ahmedabad, has warned of dire consequences to some politicians and business...
made popular Jul 28 2008
Reliance Industries Chairman Mukesh Ambani met Prime Minister Manmohan Singh in the midst of Samajawadi Party leader Amar Singh targeting India’s largest company...
made popular Jul 14 2008
Reliance Petroleum’s new export-oriented 29 million tonne refinery at Jamnagar will start generating revenues from this year.
made popular Jun 8 2008
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