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Buoyant stock market, economy doubles billionaires in India

November 20th, 2009 - 5:36 pm ICT by ANI -
London, Nov 20(ANI): The Forbes' Rich List has revealed that a buoyant stock market and a still-robust economy have almost doubled the number of billionaires in India. According to the rankings, with ...

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RIL influenced oil ministry to hike gas price: RNRL

November 19th, 2009 - 8:31 pm ICT by IANS -
New Delhi, Nov 19 (IANS) Reliance Natural Resources Ltd (RNRL) told the Supreme Court Thursday that Reliance Industries Ltd (RIL) had the full marketing freedom for Krishna-Godavari gas and accused it of ...

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RNRL’s conditional nod for oil ministry as party in gas dispute

November 19th, 2009 - 5:02 pm ICT by IANS -
New Delhi, Nov 19 (IANS) Reliance Natural Resources Ltd (RNRL) Thursday gave its consent in the Supreme Court to the oil ministry becoming a party in the dispute over supply of gas ...

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Mukesh Ambani tops Forbes’ India rich list

November 19th, 2009 - 4:55 pm ICT by ANI -
Mumbai/Singapore, Nov.19 (ANI): A rebounding stock market that gained two-thirds in the past year and an economy growing at six percent have boosted the net worth of India's richest people, according to ...

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Ambani brothers, Mittal lead Forbes’ India Rich List

November 19th, 2009 - 12:53 pm ICT by IANS -
Mumbai, Nov 19 (IANS) Mukesh Ambani has emerged the wealthiest person in India with a net worth of $32 billion, as the number of Indian billionaires in Forbes' "India Rich List" this ...

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Mukesh Ambani tops Forbes’ India rich list

November 19th, 2009 - 11:05 am ICT by ANI -
Singapore, Nov 19 (ANI): The head of Reliance Industries, Mukesh Ambani, is once again the wealthiest person in India. His net worth is put at 32 billion dollars, an increase of 54 ...

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Oil ministry claims burden will be heavy if gas sold as per family pact (Lead)

November 18th, 2009 - 8:33 pm ICT by IANS -
New Delhi, Nov 18 (IANS) The oil ministry argued in the Supreme Court Wednesday that the government would face a heavy burden if natural gas was supplied to Reliance Natural Resources Ltd ...

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Sensex closes below 17,000 points (Roundup)

Sensex closes below 17,000 points (Roundup)

November 18th, 2009 - 6:51 pm ICT by IANS -
Mumbai, Nov 18 (IANS) A key index of the Indian equities markets slipped 52 points Wednesday to close below the 17,000-point mark amid selling pressure and weak cues from Asian markets. The ...

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RIL can’t enter private pacts for gas supply: Oil ministry

November 18th, 2009 - 4:23 pm ICT by IANS -
New Delhi, Nov 18 (IANS) The oil ministry Wednesday asserted before the Supreme Court that the government's production-sharing contract with the Mukesh Ambani-led Reliance Industries Ltd (RIL) bars the company from private ...

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RNRL objects to oil ministry being party to gas dispute (Lead)

November 17th, 2009 - 7:32 pm ICT by IANS -
New Delhi, Nov 17 (IANS) Reliance Natural Resources Ltd (RNRL) Tuesday opposed the oil ministry's plea to the Supreme Court to join the Krishna-Godavari gas dispute as a party and said cross-examination ...

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RIL betting on hydrocarbon asset acquisitions abroad

November 17th, 2009 - 4:20 pm ICT by IANS -
Mumbai, Nov 17 (IANS) Oil-to-retail business house Reliance Industries (RIL) Tuesday said it would continue acquiring hydrocarbon assets overseas to ensure better synergy between domestic and international operations. "Reliance continues to accrue oil ...

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Court can’t impose family pact on shareholders: RIL

November 17th, 2009 - 3:43 pm ICT by IANS -
New Delhi, Nov 17 (IANS) Mukesh Ambani-led Reliance Industries Ltd (RIL) Tuesday argued before the Supreme Court that the judiciary cannot impose a private family pact between a company's promoters on its ...

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60 percent of additional KG-D6 allocation to power plants

60 percent of additional KG-D6 allocation to power plants

November 16th, 2009 - 11:00 pm ICT by IANS -
New Delhi, Nov 16 (IANS) A ministerial panel has allotted more than 60 percent of additional allocation from Reliance Industries Ltd's D6 block in Krishna Godavari basin to the power sector. While ...

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Judge quits hearing ITC case citing conflict of interest

November 16th, 2009 - 8:58 pm ICT by IANS -
New Delhi, Nov 16 (IANS) Justice S.H. Kapadia, the second seniormost judge of the Supreme Court, Monday quit hearing a case involving ITC Ltd. on the ground that he owns some shares ...

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Sensex surges 194 points, regains 17k

Sensex surges 194 points, regains 17k

November 16th, 2009 - 2:25 pm ICT by ANI -
Mumbai, Nov 16 (ANI): The Bombay Stock Exchange (BSE) benchmark index Sensex today crossed the 17,000 mark in early trade, tracking firm Asian markets. It gathered more than 194 points to trade ...

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RIL offers to withdraw affidavits of directors on Ambani pact

November 13th, 2009 - 7:20 pm ICT by IANS -
New Delhi, Nov 13 (IANS) Reliance Industries Ltd Friday made a conditional offer in the Supreme Court to withdraw the affidavits of seven directors who claimed no knowledge of the contents of ...

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Bihar attracts Rs.1,032 crore investment in four years

Bihar attracts Rs.1,032 crore investment in four years

November 13th, 2009 - 3:58 pm ICT by IANS -
Patna, Nov 13 (IANS) Bihar, one of the poorest states in the country, attracted private investments worth Rs.1,032 core in the last four years, Deputy Chief Minister Sushil Kumar Modi said ...

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Dawood on Forbes’ list of world’s most powerful

Dawood on Forbes’ list of world’s most powerful

November 12th, 2009 - 10:13 pm ICT by IANS -
By Arun Kumar Washington, Nov 12 (IANS) Dawood Ibrahim Kaskar, No. 1 on India's most-wanted list, has found his way to Forbes magazine's list of the 'World's Most Powerful People' topped by ...

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Didn’t Mukesh know of Ambani family pact, queries apex court (Lead)

November 12th, 2009 - 6:37 pm ICT by IANS -
New Delhi, Nov 12 (IANS) Reliance Industries Ltd (RIL) can't say it had no knowledge of the Ambani family pact between brothers Mukesh and Anil, which was brokered by their mother Kokilaben, ...

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Didn’t Mukesh know of Ambani family pact, asks apex court

November 12th, 2009 - 4:41 pm ICT by IANS -
New Delhi, Nov 12 (IANS) Reliance Industries Ltd (RIL) can't say it had no knowledge of the Ambani family pact between brothers Mukesh and Anil, which was brokered by their mother Kokilaben, ...

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Sensex ends 2.5 percent higher, Nifty crosses 5,000-mark (Roundup)

Sensex ends 2.5 percent higher, Nifty crosses 5,000-mark (Roundup)

November 11th, 2009 - 7:17 pm ICT by IANS -
Mumbai, Nov 11 (IANS) A benchmark index of the Indian equities markets ended Wednesday almost 2.5 percent higher than its previous close, while another closed above the 5,000-level as investors bought ...

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Ambani family pact not binding on RIL: Counsel (Lead)

November 11th, 2009 - 7:17 pm ICT by IANS -
New Delhi, Nov 11 (IANS) Reliance Industries Ltd (RIL) Wednesday sought to impress upon the Supreme Court that the family pact between the promoter brothers -- Mukesh and Anil Ambani -- brokered ...

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Ambani family pact not binding on RIL: Counsel

November 11th, 2009 - 4:12 pm ICT by IANS -
New Delhi, Nov 11 (IANS) Reliance Industries Ltd (RIL) Wednesday sought to impress upon the Supreme Court that the family pact between the promoter brothers -- Mukesh and Anil Ambani -- brokered ...

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Oil ministry’s stand on gas row dishonest: RNRL (Second Lead)

November 10th, 2009 - 8:41 pm ICT by IANS -
New Delhi, Nov 10 (IANS) Anil Ambani-led Reliance Natural Resources Ltd (RNRL) Tuesday opposed a move initiated by the oil ministry to become a party to the dispute over natural gas with ...

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Government’s stand in gas row dishonest: Anil Ambani Group (Lead)

November 10th, 2009 - 7:15 pm ICT by IANS -
New Delhi, Nov 10 (IANS) The Anil Ambani group Tuesday opposed a move initiated by the government to become a party to the dispute over natural gas with Mukesh Ambani's Reliance Industries ...

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Sensex ends four-day rally, down 58 points (Roundup)

Sensex ends four-day rally, down 58 points (Roundup)

November 10th, 2009 - 6:53 pm ICT by IANS -
Mumbai, Nov 10 (IANS) A key index of Indian equities markets snapped its four-day rally Tuesday and shut shop 58 points lower than its previous close. The 30-scrip sensitive index (Sensex) ...

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Reliance Industries finds oil in Gujarat

November 10th, 2009 - 5:10 pm ICT by IANS -
New Delhi, Nov 10 (IANS) Mukesh Ambani-led Reliance Industries Tuesday said it has discovered oil in an onland block in Gujarat's Cambay basin. The oil discovery in the block CB-ONN-2003/1 (CB 10 A&B) ...

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Government has sole right to fix gas price: Reliance Industries

November 10th, 2009 - 3:35 pm ICT by IANS -
New Delhi, Nov 10 (IANS) Mukesh Ambani-led Reliance Industries told the Supreme Court Tueday that it was a mere contractor appointed by the government to explore and harness natural gas from the ...

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Yet another apex court judge quits hearing a business case

November 6th, 2009 - 8:42 pm ICT by IANS -
New Delhi, Nov 6 (IANS) The second senior-most judge of the Supreme Court, Justice S.H. Kapadia Friday quit hearing a lawsuit involving a business firm on the ground that he has shares ...

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Bombay stock exchange Sensex rises 208 points in opening trade

Bombay stock exchange Sensex rises 208 points in opening trade

November 6th, 2009 - 1:45 pm ICT by ANI -
Mumbai, Nov 6 (ANI): The Bombay Stock Exchange benchmark Sensex today soared by 208 points in early trade on continued buying by funds, driven mainly by the firming global trends after ...

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