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India

Reliance Industries Ltd (RELI.BO)

RELI.BO on Bombay Stock Exchange

909.70INR
17 Nov 2017
Change (% chg)

Rs7.25 (+0.80%)
Prev Close
Rs902.45
Open
Rs917.60
Day's High
Rs924.75
Day's Low
Rs907.10
Volume
443,239
Avg. Vol
647,898
52-wk High
Rs958.20
52-wk Low
Rs487.92

Latest Key Developments (Source: Significant Developments)

McDermott receives letter of award for KG-D6 subsea installation contract from Reliance Industries
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Mcdermott International Inc :Mcdermott-Letter of award for contract from reliance industries for KG-D6 subsea field development in Krishna Godavari Basin, off east coast of India​.Mcdermott International Inc - ‍ contract award is expected to be reflected in Mcdermott's Q4 2017 backlog​.Mcdermott International Inc - ‍contract is scheduled for completion by Q2 of 2020 for base scope, and Q1 of 2021 for optional scope​.  Full Article

Salasar Techno Engineering gets order worth ‍1.12 bln rupees from Reliance Jio
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Salasar Techno Engineering Ltd ::Gets ‍order from Reliance Jio worth 1.12 billion rupees.Says order to supply 1,715 telecom towers to Reliance Jio‍​.Says order to be executed by March 2018.  Full Article

RCom says 4G strategy to be executed via spectrum sharing, intracircle roaming with Jio
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Reliance Communications Ltd :Says ‍decided to adopt 4G-focussed strategy for profitable growth of its wireless business​.Co will be optimizing its 2G and 3G footprint, related infrastructure and human resources, w.e.f Nov 30.Reliance communications says 4G strategy to be executed through spectrum sharing and intracircle roaming with Reliance Jio.  Full Article

Reliance Industries sees Jio capex to be about 70 bln rupees/qtr over next few qtrs
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Reliance Industries Ltd :Reliance Industries exec says Reliance Jio net debt at 490 bln rupees‍​.Reliance Industries exec says started manufacturing Jio phones in India‍​.Reliance Industries exec says capex for Jio will be around 70 billion rupees per quarter over next few qtrs.Reliance Industries exec says Jio's equity is currently 900 billion rupees.  Full Article

Reliance Jio Infocomm posts Q2 loss of 2.71 bln rupees
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Reliance Jio Infocomm::Sept quarter Reliance Jio net loss 2.71 billion rupees versus loss 39 million rupees.Sept quarter Reliance Jio revenue from operations 61.47 billion rupees.Reliance Jio subscriber base 138.6 million as of Sept 30.Sept quarter Reliance Jio ARPU INR 156.4/sub per month.Sept quarter Reliance Jio net subscriber addition of 15.3 million.  Full Article

Reliance Industries Sept qtr gross refining margin of $12 per bbl
Friday, 13 Oct 2017 

Oct 13 (Reuters) - Reliance Industries Ltd :Says gross refining margin (GRM) of $12.0/bbl for sept quarter‍​.8 wells in d1-d3, 3 wells in MA under production at KG-D6 block; efforts to sustain well life to maximize recovery underway‍​.Outstanding debt as on sept 30, 2017 was 2.14 trln rupees.Cash & cash equivalents as on 30th september 2017 were at 770.14 billion rupees compared to 772.26 billion rupees as on 31st march 2017.‍​.Reliance has started operations of new ROGC cracker, MEG and LLDPE plants at Jamnagar; currently, plants are under stabilization.Awards for long-leads have commenced for R-cluster; bid evaluation, negotiations for other contracts are in advanced stages.  Full Article

India's Reliance Industries Sept qtr profit up about 7 pct
Friday, 13 Oct 2017 

Oct 13 (Reuters) - India's Reliance Industries Ltd :Sept quarter net profit 82.65 billion rupees versus profit of 77.04 billion rupees last year.Consensus forecast for sept quarter profit was 88.05 billion rupees.Sept quarter revenue from operations 717.61 billion rupees versus 643.44 billion rupees last year.Sept quarter consol net profit 81.09 billion rupees versus 72.09 billion rupees last year.Sept quarter consol revenue from operations 950.85 billion rupees versus 816.51 billion rupees last year.  Full Article

Reliance Industries says co did not get notice from India govt regarding penalty
Thursday, 17 Aug 2017 

Aug 17 (Reuters) - Reliance Industries Ltd :Clarifies on news item "$264 million penalty slapped on RIL.".Says not got any notice from India government "regarding penalty in recent past".Says in any event, all related claims/disputes relating to block KG-D6 are currently in arbitration.Maintains that in carrying out petroleum operations, contractor complied with regulations and provisions of product sharing contract.  Full Article

OFFICIAL-BRIEF-COAI releases May subscriber data
Saturday, 17 Jun 2017 

Removes reference to Reliance Jio after COAI says did not get May data from Co:Vodafone India unit adds 1.1 million subscribers in May - Industry body.Idea Cellular adds 190,043 subscribers in May - Industry body.Bharti Airtel adds 2.1 million subscribers in May - Industry body.Aircel adds 173,091 subscribers in May - industry body.  Full Article

OFFICIAL-BRIEF-COAI releases May subscriber data
Saturday, 17 Jun 2017 

Removes reference to Reliance Jio after COAI says did not get May data from Co:Vodafone India unit adds 1.1 million subscribers in May - Industry body.Idea Cellular adds 190,043 subscribers in May - Industry body.Bharti Airtel adds 2.1 million subscribers in May - Industry body.Aircel adds 173,091 subscribers in May - industry body.  Full Article

BRIEF-Reliance Industries proposes to make offer for issue of NCDs worth up to 25 bln rupees​

* Says ‍it is proposed to make offer for issue of NCDs on private placement worth up to 25 billion rupees​ Source text for Eikon: Further company coverage: