Reliance Industries Ltd (RELI.NS)
** Asia's poor performing naphtha, gasoline markets prompt sellers to either re-offer or cancel sales tenders
NEW DELHI, July 26 Reliance Industries Ltd, owner of the world's biggest refining complex, shipped in about 16 percent more oil in June compared with a year earlier, according to tanker arrival data from trade sources and ship-tracking services on the Thomson Reuters terminal. Reliance, which has a diversified crude slate and shifts purchases to maximise revenue, bought 1.28 million bpd last month, an increase of about 6 percent from May. Last month, Reliance received about 6
Indian shares closed lower for a second consecutive session as investors booked profits in recent outperformers, after rising earlier on positive sentiment due to a good monsoon.
July 18 Indian shares rose on Monday as solid earnings from market heavyweight Reliance Industries Ltd sparked hopes about corporate earnings, while sentiment was also buoyed by above-average monsoon rains.
** Shares of India's energy-to-telecoms conglomerate Reliance Industries Ltd rise 2.6 pct to their highest since April 25
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MUMBAI India's Reliance Industries Ltd said it will launch fourth-generation wireless services commercially in the coming months as the energy-to-telecoms conglomerate reported a forecast-beating 18 percent rise in first-quarter profit.
* Reliance building India's biggest 4G telecoms network (Adds management comment, details)
MUMBAI, July 15 India's oil-to-telecoms conglomerate Reliance Industries Ltd reported on Friday a better-than-expected 18 percent increase in first-quarter profit on higher margins from its core refining business.
** India's Reliance Industries Ltd sells 55,000 tonnes naphtha at multi-year low price levels