Tag: Reliance Industries

Mukesh Ambani to quit from board of BofA

Reliance Industries Chairman and MD Mukesh Ambani, a name behind the Indian Business growth, is to exit as the board of director of the Bank of America. Read more

MCX-SX goes live with equity; RIL, Suzlon lead volume chart

Indian stock market welcomes the MCX Stock Exchange (MCX-SX) which goes live from today with its 40-stock benchmark index SX40. Read more

RIL revises petition, asks Govt action on arbitration notice

Mukesh Ambani 245x300 RIL revises petition, asks Govt action on arbitration noticeAs per recent news, Reliance Industries Ltd (RIL) owner Mukesh Ambani, Reliance Industries Ltd brought the ministry in its Supreme Court revised petition on Friday and demanded to act on its November 24 arbitration notice, source said.

Mukesh’s plea action is acted just a day after a legal notice issued by the oil ministry on Reliance Industries Ltd (RIL) for paying of $1.2 billion, or about Rs 7,000 crore as ministry loss due to a sharp fall in gas output from its showcase Andhra offshore field.

The arbitration notice served by the ministry on Wednesday, Read more

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