RIL asks SC to appoint 3rd independent arbitrator

Written By Unknown on Rabu, 13 Agustus 2014 | 21.03

The apex court has advised both parties to first try and jointly nominate a third arbitrator. It says they have till September 2 to file joint nomination.

Reliance Industries  has appealed to the Supreme Court to appoint a third independent international arbitrator in its gas pricing tussle with the government.

The apex court has advised both parties to first try and jointly nominate a third arbitrator. It says they have till September 2 to file joint nomination.

Disclosure: Network 18, which publishes moneycontrol.com, is now part of the Reliance Group.

Reliance stock price

On August 11, 2014, Reliance Industries closed at Rs 980.65, up Rs 0.25, or 0.03 percent. The 52-week high of the share was Rs 1142.50 and the 52-week low was Rs 765.00.


The company's trailing 12-month (TTM) EPS was at Rs 68.90 per share as per the quarter ended June 2014. The stock's price-to-earnings (P/E) ratio was 14.23. The latest book value of the company is Rs 609.40 per share. At current value, the price-to-book value of the company is 1.61.


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