Goldman Sachs has upgraded Reliance Industries (RIL) to buy from neutral, citing a potential lift in margins on increased refining and recovering oil demand, sending the refiner's shares up on
According to suggestions made by the petroleum ministry’s technical wing, Directorate General of Hydrocarbons (DGH), the government would disallow $457 million spent in 2010-11 and another $778 million expenses incurred by Reliance Industries and its partners in 2011-12.
Cash-rich Reliance Industries, whose stock price has been battered over the past year, will consider a share buyback on Friday, the company said, sending its shares up as much as
The Securities and Exchange Board of India (Sebi) is examining a plan by energy major Reliance Industries to sell part of its stake in Eenadu Group's ETV channels to Network18
Morgan Stanley has downgraded Reliance Industries to underweight from equalweight, saying it expects the energy major's gross refining margins, exploration and production volumes to fall.
The bank cut its price
The upstream regulator has cleared Reliance Industries' $1. 53 billion plan to develop four satellite fields to boost output at its D6 block and sent it for final government approval
Changing tack after threatening to change the signed contract for the KG-D6 fields so that RIL can be penalised for a fall in output, the Oil Ministry today said the
Reliance Industries said on Monday it has begun arbitration proceedings against the government to have the company's entitlement to recover its costs related to KG-D6 block, off the country's east
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