InfoAnda - India's Reliance Industries profit rises 28%

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Rihanna tweets down talk of sex tape | | 26 August 2011
China makes veiled warning to North Korea not to carry out nuclear test | | 25 April 2012
Protests against Pakistani government turn violent | 15 March 2009

N.Korea slams US war games, pledges nuclear defence | 7 March 2010

Forum Views () Forum Replies ()

Read more with google mobile : India's Reliance Industries profit rises 28%

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World India's Reliance Industries profit rises 28% AFP - Saturday, January 22 Send IM Story Print India's Reliance Industries profit rises 28% Slideshow: Full Photo Coverage: Business & Economy MUMBAI (AFP) - – Energy giant Reliance Industries, India's largest private company, said Friday quarterly net profit jumped 28 percent, lagging forecasts, even as its refining business improved on firm crude prices. Mumbai-based Reliance reported net profit rose to 51.36 billion rupees ($1.14 billion) in the fiscal third quarter to December from 40.08 billion rupees a year earlier. Total income edged up five percent to 597.89 billion rupees, the company said in a statement. Analysts had expected Reliance to report a profit of 53 billion rupees. Reliance shares rose 1.73 percent to 986.5 rupees on the Mumbai stock exchange ahead of the earnings data. "We had a record quarter as refining and petrochemical margins continued to improve, led by robust demand in local markets," Mukesh Ambani, chairman of Reliance Industries said in a statement. Ambani, ranked as the world's fourth richest man by Forbes magazine last year, with a fortune of $29 billion, has announced "mega-expansion" plans into telecom and banking -- high-growth areas in India. He has already moved into mobile broadband with Infotel Broadband, the sole company to win a nationwide licence in last year's auction of broadband wireless spectrum. Reliance plans to expand its shale gas business with investments of between $4 billion to $4.5 billion by 2014 on three shale gas joint ventures with US companies, which were announced last year. Reliance said its gross refining margin was $9 per barrel, compared to $5.9 in the corresponding period a year earlier. Reliance operates the worlds largest oil-processing complex in Jamnagar, western India, where two adjacent refineries have a combined capacity to process 1.24 million barrels of oil a day. Gas production from the KG D6 field off the eastern Indian coast for the nine months to December was 6.43 million barrels of crude, a growth of 139 percent, from a year earlier. "Earnings were marginally below expectations on the profit and revenue front," said Sonam Udasi, head of research at IDBI Capital. In polyester, demand rose 10 percent in the quarter, on firm cotton prices and the lack of new capacities globally, the company statement said. Exports of refined products grew 40 percent to 20.1 billion dollars in the quarter from a year earlier. Reliance added it was still expanding its retail operations and that the company now has more than 1,000 stores in over 85 cities across India. Recommend Send IM Story Print Related Articles MOVES-Citi, Renaissance Capital, Deloitte, Lazard Reuters - 37 minutes ago US-BUSINESS Summary Reuters - 52 minutes ago GE lifts Dow, S&P 500; Nasdaq dips on Google Reuters - 52 minutes ago US STOCKS-GE lifts Dow, S&P 500; Nasdaq dips on Google Reuters - 53 minutes ago Nigeria's debut Eurobond heavily oversubscribed Reuters - 56 minutes ago News Search Top Stories Obama vows to shift economy into overdrive Haiti to probe Duvalier excesses: rights group BA-Iberia hit turbulence as merger takes off US expert panel gives nod to Alzheimer's scan Bank of America posts heavy losses More Top Stories » ADVERTISEMENT Most Popular Most Viewed Migraines don't damage brain: study Bedbugs resistant to pesticide, study finds Boeing to cut 1,100 jobs in C-17 program Toshiba to build 'huge solar plant' in Bulgaria Bank of America posts heavy losses More Most Viewed » More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2011 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Saturday, 22 January 2011
Karzai wins Russian backing on milestone visit
BA-Iberia hit turbulence as merger takes off
Mexico to pioneer iris technology on ID cards
Haiti to probe Duvalier excesses: rights group
Three shot dead as protests erupt in Albania |
Scandal-weary Berlusconi clings to key allies
Lebanon's Druze leader backs Hezbollah
US-TECH Summary
U.N. concerned over Afghan parliament delay |
US expert panel gives nod to Alzheimer's scan
Lebanon's Jumblatt becomes possible kingmaker
Leadership worries hang over chipmaker AMD
Bank of America posts heavy losses
Sudan army, Darfur rebel clash kills 21: military |
Music industry working on global copyright database
Thousands of Jordanians protest economic conditions
Time running out on Ivory Coast: AU's Odinga |
World 'running out of Internet addresses'
Robot attends Russian school to help sick schoolboy
Lebanon's Druze leader backs Hezbollah |
Verizon in challenge to FCC on 'net neutrality'
Ex-banker linked to WikiLeaks to be held in custody over weekend
Synaptics shares fall as PC market sales drop in Q2
One out of five cellphones sold is unlicensed copy: Nokia
Uzbekistan down Jordan to make semi-finals
In charm mode, China leader pledges US jobs
Wounded US congresswoman leaves Arizona hospital
Five Thais walk free in Cambodia border case
Knox lawyers confident ahead of appeal in Italy
Indonesia leader plays down torture of Papuans
Belgian breaks with black at Paris menswear shows
Hu's U.S. visit sets new tone but tensions remain
Bollywood star on Berlin film fest jury
Analysis: EA wins new friends with social, mobile games |
Opera stars honour Placido Domingo at 70
Myanmar's Suu Kyi gets web access
India's top painter pulled from show over threats
Sprint seen adding subscribers, at least in the fourth quarter |
Breakthrough after U.S. warns China on North Korea
Palestinians find freedom in the surf of Gaza
Heavy snow in Southwest China forces 79,000 to evacuate homes
Fashion for the few casts its spell in Paris
Pirates have upper hand as music industry meets
Leadership worries hang over chipmaker AMD |
Old school and new at Berlin computer game museum
Canada's 'Igloofest' revels in music, loves cold
US-ENTERTAINMENT Summary
Ex-banker linked to WikiLeaks to be held in custody over weekend |
India's Reliance Industries profit rises 28%
Pakistan rupee eases on dollar demand; stocks edge up
Italy's ENI, Petrochina in tie-up, focus on Africa
Japan trade minister warns on rapid yen rise
S.Korea Dec crude imports up 10 pct yr/yr
Japan lifts economic view but risks remain
China farmers to get $15 bn subsidies amid drought
South Korean shares fall 1.7 pct on banks, autos
Hu urges US to ease high-tech export restrictions
Canada watchdog wants review of Dire Straits ruling |
Iran nuclear talks enter final day, little to show
Lenovo, NEC in talks to combine PC businesses: sources
Obama vows to shift economy into overdrive
Blair sounds warning on Iran
Facebook raises $1.5 billion, valued at $50 billion
Iran nuclear talks enter final day, little to show |
US Army gives soldiers a few tips on social media
Baby Doc offers regret, no apology, to Haitians |
Obama to answer questions from YouTube users
Estonia to lend cyber-expertise to Belarus exiles
Haiti candidate warns of protests, U.S. pulls visas |
Meyer defends lead at Tour Down Under, Ventoso wins stage 5
Google targets spam-laden websites
Oprah Winfrey to reveal "family secret"
Clijsters, Murray into Aussie Open last 16
Malaysian commandos free tanker off Somalia
Lawyers challenge 'Merchant of Death' trial
TV watchdog urges advertisers to drop "Skins"
Japan culls 10,000 chickens to contain bird flu
Cuba halts all mail deliveries to US
Donald Trump's daughter, Ivanka, tweets pregnancy
S.Korea navy praised over pirate rescue
Wounded U.S. congresswoman flies to Texas rehab centre
Meryl Streep is highest grossing actress in comedy
'Captain Bligh' steers Australia in flood crisis
Calif school eyes accounts of sex by 2nd graders
Soderling, Zvonareva into Australian Open 4th round
US company stops making key death penalty drug
Beijing welcomes inter-Korean talks
Fights, vodka at classic tennis press showdowns
In charm mode, China leader pledges US jobs
MSNBC and anchor Keith Olbermann abruptly part ways
Opera stars turn out to honour Placido Domingo at 70
Facebook to unveil financials, raises $1.5 billion |
MTV's "Jersey Shore" sets another series high
Google's Page brings change and questions |
Oprah Winfrey to reveal "family secret"
Ricky Gervais helps CNN beat Rachel Maddow show
TV watchdog urges advertisers to drop "Skins"
Roger Ebert gets prosthetic chin ahead of TV return
Donald Trump's daughter, Ivanka, tweets pregnancy
China to US: boost exports to trim surplus
MSNBC and anchor Keith Olbermann abruptly part ways |
Oprah Winfrey to reveal family secret |
Sundance debuts with Harry Belafonte documentary |
MTV's Jersey Shore sets another series high |
How Black Swan will reach the $100 million mark |
TV watchdog urges advertisers to drop Skins |
Ricky Gervais helps CNN beat Rachel Maddow show |
Director gives Mumbai fresh face in film Dhobi Ghat |
Donald Trump's daughter, Ivanka, tweets pregnancy |
Roger Ebert gets prosthetic chin ahead of TV return |
Street pressure mounts on Tunisia PM to go |
Nuclear talks with Iran fail
Apple's App Store hits 10 billion downloads
New DNA experts in Knox murder appeal
Google looks to its next decade
Afghan politicians in talks on parliament deadlock
'Inconclusive' Iran nuclear talks enter final day
Cowen resigns as party leader, but remains Irish PM |
Shiite cleric Sadr 'returns to Iran' from Iraq
Italy's Berlusconi digs in heels despite sex probe |
Karzai proposes Wednesday opening for parliament: MP |
Iran bars Tehran mayor from U.S. transport ceremony |
10 militants killed in eastern Afghanistan
Saudi king arrives in Morocco after surgery in U.S. |
Iran official supports NKorea nuclear programs
Albania opposition vows more protests |
Protesters clash with police in Algerian capital |
Japan's soccer team warn 'We are tougher than ever'
U.S. and Canada walkers join Iraq pilgrimage for charity |
Australian 'inland sea' flood threatens towns
Coach Zaccheroni heralds Japan's attacking qualities
New Zealand thrash Pakistan in cricket ODI
Russian spy Chapman makes debut as TV presenter
Meyer, Goss to duel for Down Under cycling crown
Lloyd Webber wine collection sells for $5.6 mln
Philippine bomb squad training gets too realistic
German navy captain sacked over mutiny
Japanese rocket puts cargo into orbit
UK court lets surrogate mother keep baby girl
Apple's App Store hits 10 billion downloads |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01