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People Daily (Free subscription) | 11/26/2009
China Petroleum & Chemical Corp (Sinopec), the nation's biggest oil refiner, and US buyout firm TPG have weighed a bid for bankrupt chemicals company LyondellBasell Industries AF that could challenge Reliance Industries Ltd's offer of about $12 billion, said two people familiar with the matter. Sinopec and TPG reviewed LyondellBasell's finances and discussed making a joint bid, said the people,...
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People Daily (Free subscription) | 11/24/2009
Reliance Industries Ltd, owner of the world's largest oil-refining complex, bid for bankrupt chemicals and fuel maker LyondellBasell Industries AF, in what may be the biggest acquisition by an Indian company in two years. The refiner and energy explorer controlled by billionaire Mukesh Ambani rose as much as 3.1 percent in Mumbai trading after offering an undisclosed amount of cash on Nov 21 to buy...
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Just Style (Free subscription) | 11/23/2009
India's Reliance Industries Ltd, the world's largest polyester fibre manufacturer, has made a bid for a controlling stake in bankrupt US chemicals company LyondellBasell Industries.
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Indian Express (Free subscription) | 11/21/2009
Reliance Industries Ltd, which is eyeing multi-fold growth and a more widespread global footprint, is targeting US oil refining & marketing companies like Tesoro Corp, Delek US Holdings, Sunoco Inc and Valero Energy Corp for possible acquisition, says Macquarie Research in a new report. The acquisition target so far doing the rounds was troubled petrochemical major LyondellBasell, which is going...
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<title> - MarketColorz, Indian Stock Market... (Free subscription) | 11/17/2009
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 of officials must be allowed if the request is granted. RNRL counsel Ram Jethmalani, who began his arguments on the lawsuit before a three-judge bench, also questioned the maintainability of the special leave petition filed...
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Indian Express (Free subscription) | 10/29/2009
On the fifth day of arguments in the gas-supply dispute between Ambani brothers in the Supreme Court, Reliance Natural Resources Ltd on Wednesday claimed that it can prove that the ministry of petroleum & natural gas is hand in glove with Reliance Industries Ltd in fixing a higher price for natural gas.
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Just Style (Free subscription) | 06/04/2009
India's Reliance Industries Ltd has started insolvency proceedings at its European textile subsidiary Trevira GmbH, less than a month after hiring a restructuring expert to take charge of the unit.
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The Telegraph India (Free subscription) | 04/08/2009
Mumbai, April 7: Reliance Industries (RIL), which has just started pumping gas from two discoveries in the Krishna-Godavari (KG) basin off the Andhra coast, has shot off draft gas sale and purchase agreements to a host of power plants in the country. After fertiliser units, power plants are the next in line for the gas.
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Daily News Analysis (Free subscription) | 04/07/2009
Reliance Industries (RIL) has sent draft agreements to power companies, which are the next in line to receive natural gas.
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Indian Express (Free subscription) | 04/07/2009
Shareholders and creditors of Reliance Industries Limited have approved the scheme of amalgamation of Reliance Petroleum Limited (RPL) with RIL.
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NHatky (Free subscription) | 04/06/2009
Mumbai: The Bombay Stock Exchange benchmark Sensex rose for the fourth day on Monday, going up by 186 points to a five-month high level, as heavyweight Reliance Industries and financial stocks surged on growing hopes that the global economic downturn could be nearing its bottom. The Sensex, which had gained ...
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InformedTrades (Free subscription) | 04/06/2009
Investors in companies along India's natural gas supply as well as demand chain found a reason to celebrate as Reliance Industries' massive fields on...
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Market Watch (Free subscription) | 04/06/2009
Investors in companies along India's natural gas supply as well as demand chain found a reason to celebrate as Reliance Industries' massive fields on the country's eastern coast started production last week.
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The Telegraph India (Free subscription) | 04/05/2009
New York, April 5 (PTI): Reliance Industries and TCS are among the firms that paid thousands of dollars to Barack Obama aide Lawrence Summers for his association with the companies or for speeches, according to reports.
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Indian Express (Free subscription) | 04/05/2009
Lawrence Summers was part of the Reliance Industries International Advisory Board and the Reliance Innovation Leadership Council.
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