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RIL's oil and gas ebitda margin turn positive on production from KG fields

New Delhi, Jan. 22 -- Reliance Industries (RIL) and BP Plc which last month began production from the R-Cluster, an ultra-deep-water gas field in the KG D6 block, off the east coast of India, saw its ... Read More


Adani Total Gas & Torrent Gas acquire 5% in each in IGX

New Delhi, Jan. 22 -- Adani Total Gas and Torrent Gas have acquired a 5% stake each in the Indian Gas Exchange (IGX), an arm of the Indian Energy Exchange (IEX), the exchange said today. Though finan... Read More


RIL's O2C segment posts 10% increase in revenue as demand picks up

New Delhi, Jan. 22 -- Reliance Industries' oil to chemicals business posted an increase of 10% at Rs.83838 crore in revenue primarily on account of higher volumes mainly in transportation fuels, PTA a... Read More


RIL consolidated net profit in Q3 up 25% at Rs.15,015 cr

New Delhi, Jan. 22 -- Reliance Industries Ltd (RIL) on Friday posted a consolidated net profit of Rs.15015 crore, up 25% for the fiscal third-quarter ended December, beating analysts' estimates. Acco... Read More


BCG, Rotavirus vaccine production may be hit after fire at Serum Institute

New Delhi, Jan. 22 -- A fire at the Serum Institute of India's site near Pune on Thursday, damaged equipment which was built to manufacture extra quantities of BCG and Rotavirus vaccines, both part of... Read More


Sebi grants approval to RIL-Future Group deal

Mumbai, Jan. 20 -- In a setback to Amazon Inc, the Securities and Exchange Board of India (SEBI) on Wednesday granted approval to the Future Group and Reliance Retail deal. In August 2020, Kishore Bi... Read More


India's gas output to rise 25% helped by production RIL-BP, and ONGC gas fields

MUMBAI, Jan. 19 -- India's gas output will rise 25% this year to 95-100 million metric standard cubic metres a day (mmscmd), led by production from fields jointly owned by Reliance Industries (RIL) an... Read More


Companies restart hiring for senior leadership positions

MUMBAI, Jan. 15 -- C-suite hiring, which had halved following the coronavirus outbreak, is staging a comeback. Companies are looking to fill leadership positions, encouraged by an improving economic e... Read More


Essar Oil to set up hydrogen project in the UK

MUMBAI, Jan. 13 -- Essar Oil UK will build the country's first low-carbon hydrogen hub along with UK-based Progressive Energy, at the former's Stanlow refinery in Ellesmere Port, Cheshire, the company... Read More


BoxLNG ropes in Netherlands' HoSt Holding for CBG projects

New Delhi, Jan. 12 -- India's BoxLNG, a clean bioenergy project developer has signed a technology collaboration and investment agreement with Netherlands-based HoSt Holding B.V (HoSt) to set up compre... Read More