Billionaire Mukesh Ambani decided to forgo nearly Rs 24 crore from his annual pay last fiscal as chief of Reliance Industries Ltd (RIL), keeping his salary capped at Rs 15 crore for the fourth year in

Energy giant Reliance Industries was on Friday asked to pay a $1.25 billion penalty for a fall in gas production from its main oil fields, a company executive said.

The government and investors have

Shares of Reliance Industries rose by nearly two per cent in the morning trade on Monday despite the company's net profit slipping 21 per cent during the fourth quarter ended March 31, FY'12.

Shares

Helped by a huge cash pile of over Rs 70,000 crore, corporate giant Reliance Industries has become a debt-free entity - a feat its billionaire chief Mukesh Ambani had promised to achieve about ten mon

Energy conglomerate Reliance Industries Ltd reported its second consecutive quarterly drop in profit, hurt by weak refining margins and declining gas output from its offshore fields.

Controlled by bi

Reliance Industries remains under pressure ahead of its earnings results due out on Friday.

Doubts about how much natural gas can be extracted from Reliance's KG-D6 blocks, and worries over its refi

Infosys on Friday lost the country's most influential stock status to Mukesh Ambani-led Reliance Industries Ltd (RIL), as the shares of the IT giant fell sharply by about 13 per cent.

Based on its w

Ouput is normal at India's largest gas producer, the Reliance Industries-operated KG-D6 block off India's east coast, and the company is monitoring the situation closely post tsunami warning, it said

The government will decide on the price of gas that Reliance Industries and Essar Oil plan to produce from coal seams by April-end, an Oil Ministry official said on Friday.

"We don't have to go to t

Reliance Industries' largest gas fields in its flagging KG-D6 block have hit an all-time low production of about 28 million standard cubic meters per day as the firm shut six wells due to water and sa