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For manipulating shares of Reliance Petroleum Limited (RPL), Reliance Industries was fined Rs. 950 crore (about 447 crore in retracted gains and 500 crore in interest) in 2007. [105] In April 2006, RPL went public as a Reliance subsidiary at a price of Rs. 60 per share.
By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance ...
The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries in Motikhavdi, Jamnagar, Gujarat, India. The refinery was commissioned on 14 July 1999 with an initial installed capacity of 668,000 barrels per day (106,200 m 3 /d). Its current installed capacity after expansion is 1,240,000 barrels per day (197,000 m 3 ...
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The first gas discovery in the basin was in 1983, in Razole Well No 1, when ONGC had a small office in Rajahmundry and Narsapur. Since that discovery Reliance and others have joined the exploration effort. 14 trillion cubic feet (0.4 trillion cubic metre) of gas by Reliance Industries in KG-DWN-98/l (KG-D6) in 2006.
The Dhirubhai Ambani Green Energy Giga Complex (also known as Jamnagar Green Energy Giga Complex) [1] [2] [3] is a mega project being developed by Reliance Industries in Jamnagar, Gujarat, India. This is a fully integrated renewable energy manufacturing complex that will build gigafactories for photovoltaic panels , energy storage , green ...
Reliance's growing focus on challenging U.S. streaming tech is evidenced by pitch deck pictures of people wearing headsets and heart rate monitors to track neurons for a "brain-mapping study ...
The Jamnagar Refinery belonging to India-based Reliance Industries Limited is now one of the most complex refineries in the world with a Nelson complexity index of 21.1. [6] The Oil and Gas Journal annually calculates and publishes a list of refineries with their associated Nelson complexity index scores.