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RNRL

RIL-RNRL case judge steps down

by free stock tips on November 5, 2009

in Stock-News

Justice RV Raveendran cites possible conflict of interest in recusing himself from the case; hearings to start afresh
The legal battle between the Ambani brothers in the Supreme Court may end up lasting longer than initially expected, with one of the three judges hearing the case recusing himself from it.
On Wednesday, in a sudden and unexpected [...]

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Reliance can touch Rs 1,500: Sushil Kedia

by free stock tips on December 11, 2008

in Stock-News

Sushil Kedia said Rs 1,300 is the fulcrum for Reliance, and if it can hold Rs 1,190, it can move up to Rs 1,500.
What was the weakness in technology stocks today…TCS, Infosys, Satyam and Wipro were down about 3-6%… is there some inherent weakness creeping into this when you look at the charts?

Kedia: Infosys perhaps [...]

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RNRL may sell KG gas to third parties, fears RIL

by free stock tips Stock-News

Mukesh Ambani controlled Reliance Industries (RIL) fears that gas supplied to Reliance Natural Resources (RNRL), belonging to younger brother Anil Ambani, would be traded to a third party as RNRL does not have a power plant, said Harish Salve, the legal counsel of RIL.
Appearing before a Bombay High Court division bench comprising Justice J N [...]

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