RIL RNRL Case Verdict - Effects on Their Stocks & 1 more..

by G John wesley on Friday, May 7, 2010

RIL RNRL Case Verdict - Effects on Their Stocks & 1 more..

RIL RNRL Case Verdict - Effects on Their Stocks

Posted: 07 May 2010 08:31 PM PDT

RIL RNRL case verdict is out. Individual investors in RIL, RNRL and RPL would be trying to figure out how the yesterday's Supreme Court verdict would affect their fortunes in these companies and their stock investments.RIL investors are going to make more money. RIL is going to make additional profit of Rs. 22815 Crores with this verdict taking the total profit to Rs. 37755 Crores over the period

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RIL RNRL Case Update - Verdict And What's Next?

Posted: 07 May 2010 04:18 AM PDT

The much awaited Reliance Industries-Reliance Natural Resources verdict is out. The court has upheld the Production Sharing Contract (PSC) and has redirected the warring factions to the negotiating table.It has also ruled out the memorandum of understanding signed between the two brothers which says that for 17 years RIL has to supply gas to RNRL at USD 2.4 per barrel, which is lower than the

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