Page-3 of Reliance Industries Limited Current Affairs, GK & News

IOC, RIL figure in Fortune’s top 100

· 8 Indian companies appear in the list of world’s 500 largest companies by Fortune magazine. · Among those 8 companies, 5 are state-run · Indian Oil Corp and Reliance Industries Limited stand among the top 100. · Indian Oil, with annual revenues of 86.01 billion dollars, stands at 83rd rank an increment from 98th ..

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SBI violates RBI norms on RIL loans

SBI temporarily exceeded RBI-set credit exposure limit for the consecutive 4th year in 2011-12 in case of loans given to Reliance Industries Limited (RIL). It also infringed RBI’s single borrower exposure rules in case of loans to two state-run entities — Indian Oil Corp (IOC) and Bharat Heavy Electricals Ltd (BHEL). The exposure was brought ..

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Govt disallows $1.24 bn RIL cost recovery

The Petroleum Ministry disallowed the RIL’s (Reliance Industries Ltd) $1.24 billion cost recovery from its investment in the KG-D6 field, in the Krishna-Godavari (KG) basin. RIL has already taken the government to the Supreme Court over its inability to nominate an arbitrator over the issue of cost-recovery. Why Govt’s Notice to RIL? A Notice was ..

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Current Affairs : January 24, 2012

Al-Qaeda takes over Yemen city In Yemen, Al-Qaeda militants have taken over the city of Rada in the Southeastern Al Bayda province. They have named Tareq al-Dahab, a brother-in-law of slain US-born cleric Anwar al-Awlaqi, who was killed in a suspected US drone strike in September as the new Emir or the Governor. The group ..

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Current Affairs Business & Economy : November 12-20 , 2009

November 12, 2009: Forbes Power listPrime Minister Manmohan Singh and only three Indian businessmen feature in Forbes magazine’s first-ever World’s Most Powerful People list. Read about this list here: November 13, 2009: 50 new public sector undertakings (PSUs) to be put on the capital marketsGovernment of India has identified 50 new public sector undertakings (PSUs) ..

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Current Affairs: Finance & Economy Current Affairs

March 2, 2009 : Reliance Industries is 13th Largest Oil Refining Company in the worldMarch 4, 2009 : Indian Young Guns Make world’s first six-core microchip!March 8 , 2009 : Inflation goes to 30 year LowMarch 9, 2009 : World’s 10 most admired companies by Fortune Magazine:March 10, 2009 : India’s 10 most trustworthy companies ..

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