Reliance Industries Ltd (RELI.BO)
23 Apr 2018
Sun, Apr 15 2018
BRIEF-India's Reliance Industries: Resolution Plan For Alok Industries Did Not Get Creditors' Panel Nod
* INDIA'S RELIANCE INDUSTRIES SAYS RESOLUTION PLAN FOR ALOK INDUSTRIES DID NOT GET CREDITORS' PANEL APPROVAL Source text for Eikon: [As intimated earlier, Reliance Industries Limited in conjunction with JM Financial Asset Reconstruction Company Limited submitted a resolution plan for Alok Industries Limited. We have been informed that our plan did not meet with the approval of the Committee of Creditors of Alok Industries as required under the Insolvency and Bankruptcy Code.]
NEW DELHI, April 14 Reliance Jio Infocomm Ltd, the telecom unit of Reliance Industries Ltd, said it has raised 53.5 billion yen ($498.5 million) through a loan from Japanese banks.
April 13 Indian shares ended higher for a seventh straight session on Friday, marking their longest winning streak since November 2017, led by gains in index heavyweights such as Reliance Industries Ltd and Kotak Mahindra Bank Ltd.
BRIEF-India's Reliance Industries Submits Bid Jointly With JM Financial Asset Reconstruction For Alok Industries
* SUBMITTED BID JOINTLY WITH JM FINANCIAL ASSET RECONSTRUCTION FOR RESOLUTION OF ALOK INDUSTRIES
NEW DELHI, April 10 India's Oil and Natural Gas Corp Ltd and Reliance Industries Ltd have started discussions with buyers to sell natural gas from their fields in the Bay of Bengal that are expected to start production over the next three years.
March 27 Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $100 million, as the Indian oil-to-telecom conglomerate moves closer to exit U.S. shale investments.
MUMBAI Oil-to-telecoms conglomerate Reliance Industries is buying a stake in Indian music streaming service Saavn and will merge it with its JioMusic app to create a new entity it said would be valued at $1 billion.
MUMBAI, March 23 Oil-to-telecoms conglomerate Reliance Industries is buying a stake in Indian music streaming service Saavn and will merge it with its JioMusic app to create a new entity it said would be valued at $1 billion.
* India's upstream regulator approves three field development plans involving investment of about $4 billion in an east coast block
MUMBAI India's Reliance Industries Ltd and global technology companies will invest 600 billion rupees ($9.34 billion) over 10 years to set up an integrated industrial area in the western state of Maharashtra, the company's chairman Mukesh Ambani said.