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Reliance Industries Ltd to sell natural gas to Reliance Energy

April 27, 2009 · Filed Under Reliance Industries · Comment 

It is reported that Reliance Industries Ltd is likely to sell natural gas from its eastern offshore KG-D6 fields to Reliance Energy Ltd’s power plant in Andhra Pradesh at Union Government approved rates.
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Mumbai Police record Ambani’s statement in chopper case

April 27, 2009 · Filed Under Reliance ADAG · Comment 


Mumbai City police investigating the case of alleged sabotage attempt to the chopper of Anil Ambani, chairman of Anil Dhirubhai Ambani Group (ADAG), are likely to record his statement.

“We are investigating the case from all possible angles.
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Reliance Industries to sell natural gas to Anil Ambani group power plant

April 24, 2009 · Filed Under Reliance Industries, Reliance Natural Res · Comment 


Billionaire Mukesh Ambani-run Reliance Industries will sell natural gas from its eastern offshore KG-D6 fields to Anil Ambani Group firm’s power plant in Andhra Pradesh at government approved rates.

While ADAG has taken RIL to court seeking gas from KG-D6 at rates decided in a private agreement that split Dhirubhai Ambani empire between the two brothers, Power Ministry has identified Reliance Energy Ltd’s Samalkot plant in Andhra Pradesh as one of the recipients of KG-D6 gas.
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business rivals are out to kill Anil Ambani - R-ADAG

April 24, 2009 · Filed Under Reliance ADAG · Comment 


Is Anil Ambani a target for murder? The Mumbai Crime Branch is investigating, just a day after his Bell chopper was found with gravel in its gear box.

Anil’s company ADAG claims his business rivals are out to kill him and that someone at the company maintaining the aircraft was helping them.
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Reliance Industries’ Q4 performance

April 24, 2009 · Filed Under Reliance Industries · Comment 


Reliance Industries’ fourth quarter performance beat market expectations despite the 1% fall in net profit and an almost 25% contraction in revenues. Its gross refining margin at $9.9 a barrel during the quarter, compared to $15.5 a barrel a year ago, disappointed even though it was better than global benchmarks.
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Rivals out to kill Anil Ambani

April 24, 2009 · Filed Under Reliance ADAG · Comment 


According to a letter by Reliance Transport and Travels (RTT) Private Limited, an R-ADAG company, to the Mumbai Police, the chopper was parked near runway 32 for maintenance work at Air Work on Thursday. Ambani was to fly in it on Friday to Dhirubhai Ambani Knowledge City (DAKC), Navi Mumbai.
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Reliance Industries quarterly profit drop 9.4 pct, sales fell down 24.9 pct on low crude prices

April 23, 2009 · Filed Under Reliance Industries · Comment 

Tag: reliance ind,reliance industries,reliance industries in india,reliance industries india,reliance industries limited,reliance industries ltd,reliance industries news,reliance industry.


Indian oil, gas and petrochemicals giant Reliance Industries Ltd. said Thursday that quarterly profits fell 9.4 percent and sales fell 24.9 percent, as waning demand pushed global crude prices lower.

Net profit in the three months ending March 31 was 35.46 billion rupees ($730 million), down from 39.12 billion rupees ($800 million) in the same period last year.
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Anil Ambani complains chopper undermined

April 23, 2009 · Filed Under Reliance Comm · Comment 


Industrialist Anil Ambani on Thursday evening filed a complaint alleging his helicopter had been sabotaged, police said.

According to police officials, Ambani said his Bell 412 seven-seater helicopter was “sabotaged”. He filed the complaint with the Sahar Police Station, near the airport, in the evening.
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RIL Q4 profit decreased to Rs 3546 crore

April 23, 2009 · Filed Under Reliance Industries · Comment 

Tag: reliance ind,reliance industries,reliance industries in india,reliance industries india,reliance industries limited,reliance industries ltd,reliance industries news,reliance industry.


Reliance Industries Ltd has declared the Unaudited financial results for the quarter & year ended March 31, 2009. The Company has posted a net profit after tax of Rs 35460 million for the quarter ended March 31, 2009 as compared to Rs 39120 million for the quarter ended March 31, 2008. Total Income has decreased from Rs 375750 million for the quarter ended March 31, 2008 to Rs 293550 million for the quarter ended March 31, 2009.
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Reliance Industries restarted diesel sell in Gujarat

April 23, 2009 · Filed Under Reliance Industries · 3 Comments 

Tags: infrastructure services,reliance ind,reliance industries,reliance industries in india,reliance industries india,reliance industries limited,reliance industries ltd,reliance industries news,reliance industry.


Reliance Industries has restarted its domestic fuel sales by re-opening two petrol pumps in Gujarat to sell diesel, a source said here.

“We have just started retailing diesel through our two petrol pumps in Gujarat. We are now focusing on diesel. Some part of diesel, we are diverting into the domestic market,” the source familiar with the development said.
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