Everything on ‘Reliance Institute of Life Sciences’
'Mr PM: Don't Favour Reliance Industries Move against Millions of Indians'
KG-D6 GAS PRICE ISSUE Mr PM: Dont Favour Reliance Industries Move against Millions of Indians CPI(M) MP and CITU general secretary Tapan Sen has written the following letter to prime minister Dr Manmohan Singh on May 16, 2012 questioning what prompted the PMO to refer Reliance Industries Ltds dubious plea for upward revision [...]
DGH questions RIL's selection of 31 bids
The Directorate General of Hydrocarbons (DGH) has questioned Reliance Industries Limiteds selection of just 31 valid bidders out of the 73 bids it received for buying its coal bed methane (CBM). DGH says RIL has not disclosed the calculated price of gas for all valid bids nor has it furnished reasons for doing so. In [...]
DGH questions RILs selection of 31 bids
The Directorate General of Hydrocarbons (DGH) has questioned Reliance Industries Limiteds selection of just 31 valid bidders out of the 73 bids it received for buying its coal bed methane (CBM). DGH says RIL has not disclosed the calculated price of gas for all valid bids nor has it furnished reasons for doing so. In [...]
RIL raises USD 2 billion
The loan will be primarily used to finance goods and services procured from German suppliers as part of RIL’s petrochemicals expansion projects at Jamnagar, Hazira, Silvassa and Dahej in India. The facility is among the largest underwriting by Euler Hermes in recent years. Euler Hermes has for the first time accorded Better than Sovereign rating [...]
Bajaj reports marginal growth in April sales
Taking a cue from Tata Steel, which cut steel prices by Rs 2,000 per tonne, Reliance Industries Ltd (RIL) today announced a similar initiative and reduced prices of all polymers by Rs 2,000 per tonne with immediate effect. In the face of rising input costs and this reduction, Reliance would be absorbing 40 per [...]
Aspen Reports Results for the Quarter Ended March 31, 2012
HAMILTON, Bermuda, Apr 25, 2012 (BUSINESS WIRE) — Aspen Insurance Holdings Limited (“Aspen”) /quotes/zigman/335883/quotes/nls/ahl AHL +2.61% today reports net income after tax of $78.7 million, or $0.99 per diluted share, for the first quarter of 2012. Trading highlights in the quarter included areas of improved pricing, especially in loss affected and peak zone property lines, [...]
RIL: Expect a disappointing quarter
: We expect the Q4FY12 net profit of Reliance Industries (RIL) to be down 20% y-o-y and 3% q-o-q at R42.9 bn. RIL would be hit in Q4 mainly by 43% y-o-y and 15% q-o-q fall in refining Ebit (earnings before interest and taxes) and 22% y-o-y and 5% q-o-q fall in petrochemical Ebit. Oil [...]
OneWorld Health Acquires Pro-Drug Technology Patent from Eisai
LONDON, Apr 02, 2012 (BUSINESS WIRE) — Reinsurers have seen more positive results in the first quarter of 2012 than in the previous two years according to Willis Re, the reinsurance broking arm of Willis Group Holdings /quotes/zigman/581212/quotes/nls/wsh WSH -0.43% . However, lower levels of loss activity in both the US and International markets, and [...]
RIL's next big bang: 4G?
After securing a cash commitment of $7.2 billion (R32,400 crore) from UK energy major BP Plc under a landmark deal announced on Monday, the next big announcement from the Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is expected to be the roll-out of fourth generation (4G) wireless infocom s ervices. Apart from this, RIL has also [...]
Previously shelved plans for Jamnagar cracker tabled again / Indian group has great ambitions for polyolefins
Indias largest polymer producer Reliance Industries (RIL, Mumbai; www.ril.com) has breathed new life into its plans, first announced in 2007 (see Plasteurope.com of 08.03.2007), to build a cracker and downstream facilities in Jamnagar, in the southwestern Indian province of Gujarat. Plans for the petrochemical complex, which is located in a special economic zone, were put [...]
