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India

Reliance Industries Ltd (RELI.NS)

RELI.NS on National Stock Exchange of India

1,282.30INR
17 Jun 2019
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Latest Key Developments (Source: Significant Developments)

Reliance Industries, BP Sanction Third Phase Of Integrated KG D6 Development
Tuesday, 11 Jun 2019 

June 11 (Reuters) - Reliance Industries Ltd ::RELIANCE AND BP SANCTION THIRD PHASE OF INTEGRATED KG D6 DEVELOPMENT.APPROVE DEVELOPMENT OF MJ DEEP-WATER GAS FIELD IN INDIA.MJ IS THE THIRD OF THREE NEW PROJECTS IN THE BLOCK KG D6 INTEGRATED DEVELOPMENT PLAN.TOGETHER, THE 3 PROJECTS EXPECTED TO DEVELOP TOTAL OF ABOUT 3 TRLN CUBIC FEET OF DISCOVERED GAS RESOURCES.PROJECTS WHEN FULLY DEVELOPED, WILL BRING ABOUT 1 BILLION CUBIC FEET A DAY OF NEW DOMESTIC GAS ONSTREAM, PHASED OVER 2020-2022.TOTAL INVESTMENT OF CIRCA 350 BILLION RUPEES IN THE THREE PROJECTS.  Full Article

C.Banner International Announces Disposal Of Entire Issued Share Capital Of Hamleys Global
Tuesday, 14 May 2019 

May 14 (Reuters) - C.Banner International Holdings Ltd <1028.HK>::ANNOUNCES DISPOSAL OF ENTIRE ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LIMITED.APPLICATION MADE TO STOCK EXCHANGE FOR RESUMPTION OF TRADING IN SHARES ON STOCK EXCHANGE FROM 9:00 A.M. ON MAY 15.RELIANCE BRANDS LTD SHALL PAY TO CO £34.3 MILLION FOR ENTIRE ISSUED SHARE CAPITAL OF HAMLEYS GLOBAL HOLDINGS LTD.DISPOSAL IS CURRENTLY EXPECTED TO RECORD A LOSS OF ABOUT £1.0 MILLION (ABOUT HK$10.2 MILLION).  Full Article

Reliance Industries Says Volumes Expected To Improve In Chevron JV
Thursday, 18 Apr 2019 

April 18 (Reuters) - RELIANCE INDUSTRIES LTD ::VOLUMES EXPECTED TO IMPROVE IN CHEVRON JV WITH HOOK-UP OF NEW WELL PAD WHICH IS ANTICIPATED BY END 2QCY19.DIGITAL SERVICES BUSINESS NET ADDITION DURING QUARTER OF 26.6 MILLION.NEW TARIFF ORDER IMPLEMENTATION HAS RESULTED IN VIEWERSHIP BEING IMPACTED FOR ALL BROADCASTERS.ON MEDIA BUSINESS: NEW TARIFF ORDER RESULTED IN VOLATILE VIEWERSHIP DATA, AND ADVERTISERS PULLING BACK SPENDS DURING QUARTER.  Full Article

Reliance Industries Recommends Dividend Of 6.50 Rupees Per Share
Thursday, 18 Apr 2019 

April 18 (Reuters) - Reliance Industries Ltd ::SAYS RECOMMENDED A DIVIDEND OF 6.50 RUPEES PER EQUITY SHARE.  Full Article

Reliance Industries Enters MOU With NMSEZ
Thursday, 7 Mar 2019 

March 7 (Reuters) - Reliance Industries Ltd ::ENTERS MOU WITH NMSEZ.MOU TO SUB-LEASE LAND ALONGWITH ASSOCIATED DEVELOPMENT RIGHTS BY MAKING AN INITIAL PAYMENT OF 21.80 BILLION RUPEES.  Full Article

Reliance Industries Says Unit Buys 9.44 Pct Stake In Genesis Colors
Friday, 8 Feb 2019 

Feb 8 (Reuters) - Reliance Industries Ltd ::RELIANCE INDUSTRIES - ACQUIRED 2.5 PERCENT SATKE IN FUTURE101 DESIGN PVT LTD FOR A CONSIDERATION OF 19.9 MILLION RUPEES.RELIANCE INDUSTRIES - UNIT RELIANCE RETAIL VENTURES ACQUIRED FURTHER STAKE OF 9.44 PERCENT IN GENESIS COLORS FOR 450 MILLION RUPEES.  Full Article

Reliance Industries Says LIC Of India Cuts 2.01 Pct Stake In Co
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Reliance Industries Ltd ::LIC OF INDIA CUTS 2.010 PERCENT STAKE IN CO TO 7.263 PERCENT.  Full Article

India's Reliance Industries Exec Says Capex Intensity Will Go Down From Next Year Onwards
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Reliance Industries Ltd V Srikanth, Joint CFO::RELIANCE INDUSTRIES LTD EXEC SAYS CO SEES STRONG ENGAGEMENT IN VOICE, DATA AND APPS.RELIANCE INDUSTRIES LTD EXEC SAYS ENERGY BUSINESS IS COMING CLOSER TO BEING AN ANNUITY BUSINESS.RELIANCE INDUSTRIES LTD EXEC SAYS CO SEES A LOT OF CASH FLOWS COMING FROM EACH OF NEW BUSINESSES.RELIANCE INDUSTRIES LTD EXEC SAYS BALANCE GASIFIER AT PETROCHEMICAL COMPLEX WILL BE COMPLETE BY END OF THIS QUARTER.RELIANCE INDUSTRIES LTD EXEC SAYS CO HAVING TRIALS IN 6 CITIES FOR E-COMMERCE VENTURE.RELIANCE INDUSTRIES LTD EXEC SAYS "THE ECONOMICS OF GASIFIERS ARE STILL WHAT WE HAVE PROJECTED".RELIANCE INDUSTRIES LTD EXEC SAYS INCREMENTAL SUPPLY IN PETROCHEMICALS WILL BE ABSORBED BY DEMAND GROWTH.RELIANCE INDUSTRIES LTD EXEC SAYS WITH CURRENT EARNINGS MOMENTUM, BALANCE SHEET WILL BE MUCH STRONGER NEXT YEAR.RELIANCE INDUSTRIES LTD EXEC SAYS CAPEX INTENSITY WILL GO DOWN FROM NEXT YEAR ONWARDS.RELIANCE INDUSTRIES LTD EXEC SAYS LIMITED SCALE TESTING IS HAPPENING ON PAYMENTS BANK.  Full Article

Reliance Jio Infocomm Says Dec Quarter Net Profit Jumped Nearly 65 Pct
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Reliance Industries Ltd ::DEC QUARTER NET PROFIT 8.31 BILLION RUPEES VERSUS PROFIT OF 5.04 BILLION RUPEES LAST YEAR.DEC QUARTER REVENUE FROM OPERATIONS 103.83 BILLION RUPEES VERSUS 68.79 BILLION RUPEES LAST YEAR.DEC QUARTER RELIANCE JIO ARPU 130 RUPEES /SUB PER MONTH.SUBSCRIBER BASE AS ON 31 ST DEC-18 OF 280.1 MILLION.  Full Article

India's Reliance Industries Says Fire Broke Out In PBR2 Plant Of Vadodara Complex On Nov 29
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Reliance Industries Ltd ::ON NOV 29, FIRE BROKE OUT IN PBR2 PLANT OF VADODARA COMPLEX.SAYS FIRE WAS RESTRICTED TO ONE SECTION OF PLANT.SAYS THREE CONTRACT WORKERS WHO WERE INJURED LATTER SUCCUMBED TO INJURIES.WHILE INVESTIGATION WILL BE CONDUCTED TO ASCERTAIN REASONS OF FIRE, REST OF COMPLEX IS CONTINUING WITH NORMAL OPERATIONS.  Full Article

Indian shares falter; tariffs on U.S. goods stoke trade war fears

June 17 Indian shares fell on Monday, dented by losses across sectors, after the country slapped higher tariffs on certain U.S. products in retaliation to Washington's decision to remove certain trade privileges for New Delhi.