Reliance achieved a record turnover exceeding Rs 2,58,000 crore ($58 billion) and a higher net profit of Rs 20,286 crore ($4.5 billion) in the 2010-11 financial year.

The ministry has ordered the Mukesh Ambani-run firm to immediately stop natural gas sales to firms like Essar Steel to meet the full demand of fertilizer and power plants.

Stocks of petroleum companies are trading at cheaper valuations in the aftermath of the upheaval in the Arab world. Is it safe to invest in them?

According to analysts, the cash from BP deal will enable India's biggest company to easily diversify into several emerging businesses and scale them up quickly.

A senior government official said on Tuesday that NIOC (National Iranian Oil Co) is ready to accept payments from Indian oil firms through the EIH Bank in Germany.

From a small trader of polyester yarn in the 1960s, who started the business with just Rs 15,000, to creating a petrochemicals giant, it was a meteoric rise for Dhirubhai.

The gas utility major posted a jump of 30 per cent in profit for the quarter ended September 30, against Rs 713-crore profit it reported for the same period last year.

The brothers Ambani who have been an investor's delight for decades have lost the plot - for now.

A rash of players - old and new, big and small - is chalking out plans to add huge capacities, but not all projects will see the light of day.

The oil giant wants to push up its business from Rs 6,000 crore inthe current financial year to Rs 15,000 crore, with the help of this value-added segment.

Reliance's obsession with thinking big entices the brightest to India's largest private sector conglomerate.

Cross-border acquisitions is one way for Indian businesses to attain world size and scale. But let's also not underestimate the ability of domestic consumption to create scale and global class corporations, too. Suman Layak writes.

DBS Bank climbs to pole position in the category of banks with a balance sheet size of more than Rs 3,000 crore and 10 branches or less. The success mantra: Stay away from retail.

With the courts suggesting maternal intervention as a means to getting the warring Ambani brothers to smoke the peace pipe, Kokilaben D. Ambani may well be the one who determines whether India remains energy-starved or not. Really?

In a year in which growth wasn’t easy, some of India’s biggest groups restructured their businesses to unshackle value. Will such re-jigs work in the long run? Virendra Verma tells more.Performance of companies The industry leaders Most valuable pvt sector companies - 1 to 500 Most valuable pvt sector companies - 501 to 1,000 India's most valuable companies - public sector Index of companies ranked Methodology

In this sea of distress, there are SMEs that have not overstretched themselves and have thriving business models.

The swiftness and the savagery of the global downturn have caught business by surprise—the bigger the corporation, the bigger is the surprise. But few analysts expected Mukesh Ambani’s Reliance Group to be hit. After seven years of a heady upcycle, Reliance Industries finds itself hemmed in a downturn that’s perhaps the worst ever since it went public 31 years ago. Suman Layak reports.

In the boom times, promoters had to just say a price, merchant bankers nodded, and investors blindly lapped up those initial public offerings. Today, however, much of those thousands of crores is either still lying unused or being deployed in areas not indicated in the issue prospectus.

Crude at $200 a barrel? Perhaps it’s that prospect that has convinced a clutch of Indian businessmen that exploring and producing this commodity that’s getting scarcer by the minute is a lucrative venture. But how many of them will hit pay dirt? Anand Adhikari finds out. Oil: A ticking time bomb