Auditor wants ‘Unfettered access to books of accounts’ before any approval The Controller and Auditor General (CAG) has urged Oil Ministry not to approve any of Reliance Industries’ investment plans for KG—D6 gas field unless...
Financial condition of any company is the fundamental driver of both equity valuation and credit spread. If financial condition of a company deteriorates, stock price should decline and credit spread should widen. To put it...
New Delhi, January 03, 2012 : Management committee of Reliance Industries Ltd (RIL) [stockquote]Reliance[/stockquote] operated D-6 block has approved the development plan of four satellite fields. The investment plan for Four fields is worth about $1.53...