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RIL’s KGD6 adding contribution to India’s GDP
Posted by: ranjitsinha
Hyderabad :: India | updated Mon Dec 07 13:10:42 -0800 2009 | business-news
The recent CSO estimate of India’s GDP for the second quarter of 2009-10 came like a whiff of fresh air amidst the gloomy scenario that was painted last week by the Dubai debt crisis. GDP growth has received its surprising...
Gas Prices in India: A comparative Analysis
Posted by: ranjitsinha
Hyderabad :: India | updated Sun Dec 06 10:41:18 -0800 2009 | business-news
Where Does the KG D6 Gas Price of $4.2 per MMBTU Stand in the market? Controversies have surrounded KG D-6 gas, but RIL downplayed all: Reliance Industries operated KG-DWN-98/3 gas field, also known as KG D6 has run into controversies...
SC allows Govt to become party to RIL-RNRL gas dispute
Posted by: ranjitsinha
Hyderabad :: India | updated Mon Nov 30 23:33:32 -0800 2009 | business-news
In a setback to Reliance Natural Resources Ltd ( RNRL ), the Supreme Court allowed the ministry of petroleum and natural gas to become party to the ongoing dispute over gas supplies between the Ambani brothers. The ministry's SLP, the...
RIL: Adding downstream assets
Posted by: ranjitsinha
Hyderabad :: India | updated Mon Nov 30 23:56:12 -0800 2009 | business-news
The LyondellBasell acquisition will undoubtedly catapult the company into the big league. The timing of Reliance Industries ’ ( RIL ’s) non-binding cash bid for bankrupt petrochemicals player, the $50.7 billion LyondellBasell, is accurate. With the petrochemicals cycle just about...
Can farm-in costs be amortised?
Posted by:
ranjitsinha 
Hyderabad :: India | updated Mon Nov 30 23:56:00 -0800 2009 | business-news
Despite attempts by the industry to seek clarification on the tax treatment of farm-in costs, there is not much guidance available to date. Farm-in transactions are unique to the exploration and production (E&P) sector since mineral oils embedded in a...
Will incur heavy loss if K-G gas is not sold to priority customers: ...
Posted by:
ranjitsinha
Hyderabad :: India | updated Fri Nov 27 00:41:17 -0800 2009 | business-news
The government will incur a loss of Rs 75,000 crore if the gas from Reliance Industries Ltd’s (RIL’s) D-6 block in the Krishna-Godavari basin is not sold to priority customers like fertiliser and power sectors, additional solicitor general Vivek Tankha...
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