Reliance Industries Ltd News Today

Earlier, the tribunal ruled that as per the terms of PSC, contractors are not restricted from producing gas that has been migrated into their licensed areas.

The company also informed that the board has approved raising ₹25,000 Crore via bonds in one or more tranches.

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With an initial investment of ₹139 crore, the Kanigiri unit will convert Napier grass grown on waste and barren lands into bio-gas using sophisticated technology.

After this transaction, Nauyaan Shipyard Private Ltd. will be a stepdown subsidiary of Reliance Industries.

On a consolidated basis, revenue rose 6.7% YoY to ₹2.40 lakh crore, up from ₹2.25 lakh crore in the corresponding quarter last year.

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The consolidated revenue of the company stood at ₹2,43,865 Crore, witnessing a growth of ₹2,27,970 Crore in the same quarter of the previous year.

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