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India's Reliance jumps 5% on BP deal

Mumbai: Shares in Indian energy giant Reliance Industries rose 4.96 per cent in early trade on Tuesday, a day after Britain's BP said it would pay $7.2 billion for a stake in the group's oil assets.

BP-Reliance in massive USD 7.2 bn deal

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UK's BP Plc will buy 30 per cent stake in Reliance Industries' 23 oil and gas blocks including the giant KG-D6 gas fields off the east coast for $7.2 billion.

BP, Reliance Industries in massive $7.2 bn oil and gas alliance

BP has entered into a 'transformational' oil and gas partnership with Reliance Industries, which involves the British oil major paying $7.2 billion to the Indian company.

JPMorgan cuts Reliance Comm target by 49 per cent

Mumbai: JPMorgan has slashed its target price on mobile operator Reliance Communications by 49 per cent to 82 rupees, citing lower estimates for wireless and broadband segments and issues related to s

2G plan favours rivals: Reliance Comm

Reliance Communications, India's second-ranked mobile carrier, said on Friday the telecoms regulator's 2G spectrum price proposals favoured its older rivals such as Bharti Airtel and Vodafone's India

'ADAG a victim of bear cartel'

New Delhi: Hit by a massive sell-off in stocks of various group companies, Reliance Anil Dhirubhai Ambani Group (ADAG) today said it is a victim of a bear cartel that has caused a market value loss

No Sebi ban on me or my firms,settlement was voluntary: Ambani

Mumbai: Anil Ambani today claimed that his two group firms - Reliance Infra and RNRL - settled the Sebi probe voluntarily and the regulator has not imposed any ban on the companies or their directors

Reliance gas output to rise

New Delhi: After experiencing a decline, Reliance Industries is likely to regain 60 million standard cubic meters per day of natural gas output from its eastern offshore KG-D6 fields by April, oil re

Anil Ambani to take on Mukesh's Antilla?

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Mumbai: The Anil Ambani group is constructing a multi-storey residential complex at Pali Hill in Bandra to house its senior executives, in a project that many quickly compared with Mukesh Ambani's lan

Reliance Comm denies involvement in 2G scam

Mumbai: Anil Dhirubhai Ambani Group company Reliance Communications said on Thursday it was not in any way involved in 2G spectrum allocation scam, which according to the Comptroller and Auditor Gener

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