Reliance Industries Limited primarily engages in petroleum refining and marketing activities in India and internationally. It operates in four segments: Refining, Petrochemicals, Oil and Gas, and Organized Retail. The Refining segment produces and markets petroleum products, including liquefied petroleum gas (LPG), propylene, naphtha, gasoline, jet/aviation turbine fuel, kerosene oil, diesel, sulphur, and petroleum coke. The Petrochemicals segment produces and markets high and low density polyethylene, polypropylene, polyvinyl chloride, poly butadiene rubber, polyester yarn, polyester fiber, purified terephthalic acid, paraxylene, ethylene glycol, olefins, aromatics, linear alkyl benzene, bu...
Maker Chambers IV
222 Nariman Point
Founded in 1973
91 22 2278 5000
91 22 2278 5111
Reliance Industries to Raise INR 100,000 Million Via NCDs
May 21 15
Reliance Industries plans to raise INR 100,000 million through a privately placed non-convertible debenture (NCD) issue to fund its ongoing capital expenditure. RIL will seek shareholders' nod on June 12 to offer of invite subscriptions for secured/unsecured redeemable non-convertible debentures, in one or more series/tranches.
Reliance Industries Limited Prices USD 200 Million 5% Senior Unsecured Callable Notes Due 2035
May 19 15
Reliance Industries Limited announced that it has priced its Regulation S offering of USD 200 million 5% Senior Unsecured Callable Notes due 2035. The Notes are being issued at par and will bear a fixed interest rate of 5% p.a., with interest payable semi-annually in arrears and shall rank pari passu with all other unsecured and unsubordinated obligations of the Company. The Notes will also have an annual call option at par starting 5 June 2020. The funds will be utilized for the company's ongoing capital expenditure.
Indian Express Not Being Sold
Apr 30 15
It's official the Indian Express Newspapers (Mumbai) Ltd. is not up for sale.Anant Goenka, wholetime Director of The Indian Express, head of new media and son of Viveck Goenka, clarified that the paper was not being sold either to News Corporation (NasdaqGS:NWSA) or to Reliance Industries Limited (BSE:500325), as rumours over the months have suggested.