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GAPCO
RIL Q3 Results: Profit jumps 38% YoY to Rs 20,539 cr; revenue up 54%The company had reported a profit of Rs 14,894 crore in the corresponding quarter last year- RIL net profit more than doubles to Rs 14,995 cr in Q4Consolidated revenue for the quarter rose 13.6% to ₹1,72,095 crore, a company statement said Friday. The results exceeded street expectatio...
- RIL inches higher on completion of stake sale in African companyThe scrip was trading 0.61% up at RS 1,262.40 around 10.10 am (IST).
- Twelve stocks in focus on Thursday, 30 March 2017RIL on Wednesday said it has completed sale of its entire 76 per cent interest in its East African company GAPCO to Total SA of France for ...
- RIL completes sale of 76% stake in African firm to TotalThe sale of RIL's interest in GAPCO is part of a joint transaction, wherein it as well as the minority shareholder have sold their entire r...
- Reliance Industries plans to exit international fuel retail business, to sell stake in GAPCOThe company will focus only on India for the fuel retail business, a person with knowledge of the matter said.
- Reliance Industries arm sells stake in African trading and marketing company to 'Total'Reliance Industries is in pact to sell its 76% stake in Mauritius-incorporated GAPCO to French energy company Total Marketing & Services.
- Reliance Industries forays into Kenya realty marketReliance Industries, in a joint venture with Delta Corp, has purchased land worth Rs 200 crore in Kenya for development of housing.
- Mukesh Ambani sells Kenya building for Rs 115 crSeveral Indian corporates, including Tata, Essar and Bharti, have made large investments in Africa across sectors from steel to telecommuni...
- Reliance, Essar in race to buy BP's Africa assetsBP is selling retail outlets, terminals and aviation fuel stations in Botswana, Tanzania, Namibia, Malawi and possibly also in Zambia. The ...
- Essar buys 50% stake in Kenyan refineryMarking its foray into the overseas refining market, Essar Energy Overseas, a group company of the diversified Essar Group, has completed t...
- Essar Oil to buy 50% stake in Kenyan refineryEssar Oil is set to acquire a 50% stake in Kenya Petroleum Refinery (KPRL) in Mombasa.
- Fuel retail is first RIL business to wind up due to mounting lossesIndia’s biggest firm by market capitalisation, Reliance Industries (RIL), has incurred losses of Rs 800 crore ($200 million) in the petrole...
- Essar Oil picks 50% in Kenya PetroleumEssar Energy Overseas, an Essar Oil subsidiary, has signed an agreement to acquire 50% stake in Mombasa-based Kenya Petroleum Refineries (K...
- Essar Oil edges out RIL, BPCL in race for Kenyan refineryThe acquisition of the refinery, located in the coastal city of Mombassa, is expected to give Essar Oil a global footprint.
- BPCL joins the race for Kenya’s oldest refineryState-owned refiner and marketer Bharat Petroleum Corporation (BPCL) is believed to have joined the race to acquire a majority stake in Ken...
- Afro-Asian trade rides on growth in India & ChinaHigh growth rates in China and India have resulted in growing demand for commodities, mainly oil, ores and timber, which has led to an incr...
- RIL buys GAPCO to flag off its African safariThe acquisition will give RIL about 250 fuel stations and storage terminals in Tanzania, Uganda and Kenya. Equity Challenge
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