News: Reliance Industries Ltd (RELI.BO)
3 Aug 2015
Sat, Jul 25 2015
MUMBAI - Reliance Industries Ltd will launch its ambitious 4G telecoms venture in December through a direct physical presence in over 1,000 "Jio Centers" and will also sell self-branded devices under its retail unit, the company disclosed in a post earnings presentation on Saturday.
MUMBAI, July 25 - India's Reliance Industries Ltd will launch its ambitious 4G telecoms venture in December through a direct physical presence in over 1,000 "Jio Centers" and will also sell self-branded devices under its retail unit, the company disclosed in a post earnings presentation on Saturday.
MUMBAI - Reliance Industries Ltd said on Friday it will invest $5 billion across its refining and petrochemicals business by next March, after strong refining margins boosted its quarterly profit.
* To begin 4G telecoms test launch in few weeks (Updates with management comments)
MUMBAI, July 24 - India's Reliance Industries Ltd on Friday posted a slightly better-than-expected 11.8 percent rise in quarterly profit, helped by strong growth in margins at its core refining and petrochemicals businesses.
MUMBAI, July 24 - Indian shares ended nearly 1 percent lower on Friday, dragged down by ICICI Bank on concerns over its exposure to debt-laden Jaiprakash Group, while Reliance Industries fell ahead of its quarterly results later in the day.
MUMBAI, July 24 - Indian shares edged lower on Friday, heading for their second consecutive day of falls, as ICICI Bank and Larsen and Toubro declined on caution ahead of their April-June results next week amid a weak earnings season so far.
July 23 - India's Reliance Industries imported nearly 17 percent less oil in June compared with the previous month ahead of planned maintenance shutdown of a crude unit at one of its two plants, according to tanker arrival data from sources and ship tracking services on the Thomson Reuters terminal. Reliance, owner of the world's biggest refining complex, announced last month plans to shut half of its crude processing capabilities at its 580,000-barrel-per-day export-focussed plant
- Note: Reuters has not verified this story and does not vouch for its accuracy
NEW DELHI - Reliance Industries Ltd, controlled by India's richest man, has started selling diesel to the state railways for the first time since 2005/06 after pricing of the fuel was freed, a company source said on Wednesday.