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Reliance Industries Ltd (RIL) News
Reliance Industries Ltd (RIL)
RIL faces over $1 billion fine for ONGC gas migration issue
Tue, Nov 01, 2016
Mukesh Ambani led Reliance Industries Ltd (RIL) and its foreign partners Niko Resources are alleged to have migrated gas from Oil and Natural Gas Corporation (ONGC)’s block in the Krishan-Godavari basin and will be fined nearly $1.2 billion.
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RIL receives first order of world's largest ethane-carrying ships
Fri, Oct 28, 2016
Reliance Industries Ltd has received the delivery of world's first very large ethane carrying ships that will be used for ferrying the fuel from the US. Reliance had in 2014 ordered building of six Very Large Ethane Carriers (VLECs) at Samsung Heavy Industries' shipyards in Korea.
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RJio threatens to sue COAI for defamatory ‘back door operator’ comment
Thu, Sep 29, 2016
Reliance Jio (RJio) on Wednesday threatened to sue Rajan S. Mathews, Director General of COAI stating that his earlier comments about the company were surreptitious, defamatory, devoid of any merit and an act of contempt of the orders of the Supreme Court.
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Overspend on spectrum to put RIL rating under pressure:Moody's
Tue, Sep 13, 2016
Higher-than-expected spending by Reliance Industries Ltd in the upcoming telecom spectrum auction will put pressure on its ratings, although the cash outgo on account of Jio launch can be accommodated, Moody's Investors Service said today.
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