Reliance Industries Ltd (RELI.NS)
23 Jan 2015
- Note: Reuters has not verified this story and does not vouch for its accuracy
** Reliance Industries Ltd, which operates the world's largest refinery complex in western Gujarat state, falls 1.1 pct
MUMBAI - Reliance Industries posted a sharper than expected fall in quarterly net profit, the first such drop in more than two years, due to a plunge in global oil prices and said market volatility remained challenging.
* Gross refining margin $7.3/barrel versus $7.6/barrel (Adds CFO comments)
MUMBAI, Jan 16 - India's Reliance Industries Ltd posted a 7.7 percent fall in quarterly profit, lower than analysts' estimates, as a steep decline in crude oil prices hurt the company's core refining business.
* Both Brent and U.S. crude are at their lowest since April 2009
Sensex and Nifty to take opening cues from U.S. non-farm payrolls data
SINGAPORE - Reliance Industries has finalised its 2015 diesel and jet fuel term contracts at lower premiums than last year, traders said on Thursday.
* Has scheduled a planned turnaround at its Nagothane manufacturing site
MUMBAI - Reliance Industries Ltd on Wednesday said it had signed a long-term shipping agreement with Japan's Mitsui OSK Lines Ltd (MOL) to transport liquefied ethane that Reliance will import from North America.