The Reliance Industries counter witnessed large volume of 62.78lakh shares in initial trade as opposed to a standard everyday volume of 11.40lakh shares in the last single quarter.

Reliance Industries has bagged approval from the Bombay High Court for plan of merger of Reliance Petroleum with itself.

Reliance Natural Resources has informed the Supreme Court in a proposal to corner the government from its disagreement with Reliance Industries that the government has no part to play either in the consumption or the fixation of gas cost in its agreement with RIL.

NTPC has stated that it would ink the gas sale-purchase agreement with Reliance Industries at Rs.205.38 on each mmBtu, the rate fixed by the government for its ventures other than those at Gandhar and Kawas, quoting some unsettled terms and conditions with its equivalent.

Reliance Industries has blamed NTPC in a latest development that even with a joint agreement it had inked a deal in December 2005 to supply natural gas to NTPC at $2.34 per mBtu for 17 years, the state-led power producer never shared the contract arrangement.

GAIL India has inked a Gas Sales and Purchase Agreement with Reliance Industries to provide gas from the latter’s oil mines in the KG basin in the eastern offshore.

Today, the Supreme Court postponed hearing on appeal issued in relation to the Ambani gas disagreement to 20th October.

Reliance Industries has received rights to retail CNG to vehicles and pipe gas to family units in 2 cities of Madhya Pradesh and Andhra Pradesh.

Reliance Industries has hit back for opening what it refers as a ‘malicious, mischievous, baseless and ill-informed’ media movement in opposition to its KG gas basin growth outlay. RIL wants such enterprise to be pinched.

Reliance Industries has requested the petroleum ministry not to hang on more over the allotment of production beyond the present ceiling for its D6 field in the KG basin and also the cost at which the gas would be traded.