RIL divests stake in Marcellus Shale
Reliance Industries (RIL) has divested its stake in one of the 3 shale gas assets in the US, to BKV Chelsea for USD 126 million. As per...
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RIL raises USD 800 mn through 10-year bonds
Reliance Industries (RIL) has raised USD 800 million, by selling 10-year bonds. The money raised will be used by the company to refinance its existing debt...
RIL aims to raise Rs 25,000 cr through NCDs for fund expansion plans
Reliance Industries Ltd aims to raise Rs 25,000 crore through privately placed debentures. The company sought shareholders’ approval to issue redeemable non-convertible debentures (NCDs) on...
RIL has received environment clearance for jetty expansion in Gujarat
Reliance Industries has received green panel’s environmental approval for expansion of its jetty facility in Jamnagar, Gujarat, for handling chemical and petrochemical products at a...
RIL aims to commission $35 billion projects in FY 17
Reliance Industries (RIL) has been aiming to commission projects with a total investment of $35 billion in 2016-17. The company has said in its annual...
Reliance Jio has launched 4G services in Bhubaneswar
As a part of Odisha government’s initiative of converting Bhubaneswar into a ‘Smart City’, the Reliance Jio Infocomm (RJIL) has launched 4G high speed Wi-Fi...