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Reliance sells stake in US shale gas assets for $250m

 Billionaire Mukesh Ambani's Reliance Industries Ltd has sold its stake in the shale gas asset in the US to Northern Oil and Gas Inc for USD 250 million, the firm said on Thursday. IMAGE: Kindly......

Reliance Q2 net profit up 13% at Rs 6,720 cr

 The company's net profit was Rs 5,972 crore in the same period of 2014-15 fiscal. Reliance Industries Ltd on Friday posted 12.52 per cent increase in consolidated net profit at Rs 6,720 crore (Rs......

RIL to sell 49.9% stake in US joint venture

 Reliance Industries is looking to sell its 49.9 per cent stake in a US joint venture that owns a 460 miles pipeline network for transportation of shale oil and gas. RIL, as well as its partner......

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