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Articles by chintan shah |
31. RIL Free of CBI Preliminary Inquiry on KG-D6 Fields
August 08, 2013
The Central Bureau of Investigation (CBI) has closed its preliminary inquiry against the gas price issue of KG-D6 fields owned by Reliance Industries Limited (RIL). The enquiry was also set against the former Director General of Hydrocarbons (DGH), V K Sibal for allegedly planning with the Mukesh...
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32. DoT Allows Reliance Jio to Test SMS on 4G
August 06, 2013
The telecommunication arm of RIL, Reliance Jio Infocomm Limited (RJIL) will start the testing of its messaging feature on the fourth-generation long term evolution, or 4G LTE, platform. Reliance Jio has recently received approval for the same from the Department of Telecommunication (DoT). <...
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33. RIL May Bid to Buy Stake in Haldia Petrochemicals Limited
August 05, 2013
Reliance Industries Limited (RIL) plans to bid for 31 percent stake ownership in beleaguered Haldia Petrochemicals Limited (HPL). The West Bengal government has decided to sell away its stake of 31 percent in HPL. Earlier the government had announced for the companies to submit their expression ...
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34. RIL to invest Rs 24,000 crore in its US Shale Gas Business
August 02, 2013
Reliance Industries Limited (RIL) is currently focusing on raising the scale of its shale gas business in the US. This company led by Mukesh Ambani will invest yet another $ 4 billion (Rs 24,000 crore) in the span of next three years to acquire more shale gas assets in US. In the past, there hav...
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35. Reliance Retail Riding High On Growth Path
August 01, 2013
The retail arm of Reliance Industries Limited (RIL), Reliance Retail is growing at a high speed. This year, it has already crossed revenues of Rs 10,800 crore and achieved a break-even with an EBITA of Rs 78 crore. It is an achievement for the company while other retail players are struggling in...
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36. RIL and ONGC partner to share infrastructure at KG basin
July 31, 2013
Reliance Industries Limited (RIL)has entered into a MoU with the state-run flagship explorer, Oil and Natural Gas Corporation (ONGC) to share the gas pumping infrastructure lying off the Andhra Coast. RIL used this facility for its oil and natural gas reserves in the KG-D6 basins located in the B...
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37. Reliance JioInfocomm to Launch Visiting Card Sized Personal Wi-Fi Devices for Reliance Retail
July 26, 2013
Reliance Industries Limited (RIL)’s fourth generation telecom arm, Reliance JioInfocomm will launch personalized Wi-Fi devices of the size of a visiting card for its sister company, Reliance Retail. RIL is planning to capture a huge customer base of Reliance Jio from its retail arm evenbe...
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38. Reliance Retail to Strengthen its Reliance Market Chain
July 24, 2013
Reliance Retail, the retail arm of Reliance Industries Limited (RIL), will increase the number of its cash-and-carry stores branded under the name, Reliance Market. The retail company plans to reach to an annual turn-over of Rs 40,000- Rs 50,000 crore in the coming two years. Cash-and-ca...
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39. Reliance To Increase Natural Gas Production in KG-D6 gas blocks
July 24, 2013
Mukesh Ambani led Reliance Industries Limited (RIL)is planning to invest $6.5 billion in its KG-D6 gas fields located on the eastern coast of the country. The company plans to reach the natural gas production level of 60 mmscmd by 2019-20 and become a strong supplier to domestic demand. ...
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40. RIL Doubles Investment in US Shale Gas Business
July 22, 2013
Mukesh Ambani led Reliance Industries Limited (RIL) has planned to invest $5.1 billion (approximately Rs 30,290 crore) in its US Shale gas business in the coming three years. With this huge investment, the total amount pouring into this sector from the bag of RIL is about $10.8 billion. Shale ga...
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