Topic: RIL

RIL becomes first Indian company to hit Rs. 9 lakh crore m-cap

Mukesh Ambani-led Oil-to-telecom major Reliance Industries (RIL) has become the first company in India to hit the market capitalisation (m-cap) of Rs.9 lakh crore. RIL was also the...

October 19, 2019

RIL, SBI ink Subscription and Shareholders' Agreement for payments bank JV

Telecom-to-energy conglomerate Reliance Industries (RIL) and India’s largest lender State Bank of India (SBI) have signed Subscription and Shareholders’ Agreement to set up payments bank. As per the...

July 2, 2016

Petroleum Ministry: ‘CAG has the right to undertake audit KG-D6’

The Petroleum Ministry has stated that the Comptroller and Auditor General (CAG) has the right to undertake the audit of Reliance Industries Ltd (RIL)’s KG D6 block on...

March 28, 2013    Legal & Constitution Current Affairs

The Directorate-General of Hydrocarbons holds back approval for KG-D6 work programme

The Directorate-General of Hydrocarbons (DGH) has held back approvals for work programme (WP) and budget for KG-DWN-98/3 (KG-D6) block for 2012-13 and 2013-14. DGH has sought an explanation...

February 28, 2013

Reliance terminates lobbying activities in US

Mukesh Ambani- led Reliance Industries Limited (RIL) has terminated all its lobbying activities among US lawmakers after having spent nearly 2 million dollars (over Rs 10 crore) to...

January 24, 2013

Mukesh Ambani ranked 18th richest person in the world

As per Bloomberg Billionaires Index,  Chairman & MD of Reliance Industries, Mukesh Ambani has been ranked as the 18th richest person in the world with a personal wealth...

January 8, 2013

Gas production from KG-D6 declines

Gas output from India’s biggest gas producing fields in the Krishna Godavari basin (KG-D6) continued to decline and reched its lowest level since its inception. After touching peak...

December 23, 2012    Places in News Current Affairs

RIL plans to invest $10 billion on 4G network

After winning the licence to offer 4G network in 2010, Reliance Industries Ltd. (RIL) is now planning to invest $10 billion to start its 4G network across the...

December 21, 2012

CAG waits for pending RIL's KG-D6 records

The Comptroller and Auditor General (CAG) has said that it has not been provided with full access to all the documents required for the expenditure audit related to...

December 16, 2012    Places in News Current Affairs

RIL welcomes CAG’s withdrawal of Performance audit on private operators

Reliance Industries Ltd (RIL) conveyed that it has no objection to an audit by any government agency. The company appreciated India’s national auditor Comptroller and Auditor General of...

November 8, 2012    India Nation & States Current Affairs

Oil Ministry’s approval to RIL’s plan to increase KG-D6 production

Oil Ministry approved Reliance Industries’ plans to increase natural gas output from the flagging KG-D6 and agreed that CAG cannot do a performance audit of the company. The...

October 24, 2012    Places in News Current Affairs