Reliance Industries Ltd (RELI.NS)
NEW DELHI - India is set to ease the rules for new oil and gas exploration blocks to lure foreign investment and tap the nation's vast energy resources in a bid to cut its crude import bill.
MUMBAI - Vodafone India said on Friday it would launch fourth-generation (4G) mobile phone services in the country by the end of the year, joining rival Bharti Airtel in offering faster data services.
Aug 27 - India's Reliance Industries, owner of the world's biggest refining complex, imported nearly 25 percent more oil in July compared with the previous month, when it had slowed purchases due to a planned maintenance shutdown at one of its two plants, according to tanker arrival data from sources and ship tracking services on the Thomson Reuters terminal. Reliance had shut half of its crude processing capabilities at its 580,000-barrel-per-day export-focussed plant in the Jamna
Aug 21 - Indian refiners processed 3 percent more crude oil in July from a year earlier at about 18.67 million tonnes, or 4.41 million barrels per day (bpd), preliminary government data showed on Friday. The data included estimated crude processed by Reliance Industries Ltd's 580,000-bpd export-focused plant. Reliance's two refineries in Jamnagar in western Gujarat state account for about 30 percent of India's refining capacity. The country's oil output in July slipped 0.3
MUMBAI, Aug 19 - India's leading mobile carriers Bharti Airtel Ltd and Vodafone India were among the 11 companies selected by the country's central bank to set up payments banks aimed at granting millions of citizens access to formal banking.
** Reliance Jio, the telecoms unit of Reliance Industries will launch 4G-enabled handsets in the second week of September, Business Standard reported on Wednesday (http://bit.ly/1MClFsk)
NEW DELHI/SINGAPORE - Strong Indian imports of petrol, boosted by a shift towards petrol car sales, are expected to underpin Asian margins for the fuel at least for the rest of the fiscal year to next March, industry sources say.
NEW DELHI/SINGAPORE, Aug 19 - Strong Indian imports of gasoline, boosted by a shift towards petrol car sales, are expected to underpin Asian margins for the fuel at least for the rest of the fiscal year to next March, industry sources say.
SINGAPORE, Aug 17 - Reliance Industries on Monday sold its first cargo during an Asia crude price assessment process, traders said.
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.