|Bid||176.00 x 0|
|Ask||0.00 x 0|
|Day's Range||171.05 - 177.25|
|52 Week Range||155.20 - 211.80|
|PE Ratio (TTM)||11.02|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||199.81|
India's Reliance Industries Ltd is to contest a $1.55 billion fine imposed by the government on the company and its partners for selling gas belonging to the blocks of Oil and Natural Gas Corp, Reliance said in a statement. "RIL proposes to invoke the dispute resolution mechanism in the production sharing contract and issue a Notice of Arbitration to the Government," the statement said. India's oil ministry on Friday issued a notice to Reliance and its partners UK-based energy giant BP and Calgary- based Niko Resources Ltd for extracting gas from the adjacent blocks operated by Oil and Natural Gas Corp.
India's oil ministry has given Reliance Industries and partners 30 days to respond to a $1.55 billion penalty notice, issued earlier on Friday, for selling gas belonging to blocks operated by Oil and Natural ...