Mr Bush, Thug Republik is highly regulated, only its cronies will make money, its brothers are taken care by Rations / Pensions. Goons of Thugs ; AKA party workers will see the goings smoothly. RATIONS : are we still fighting WWII ?...

I am only clarifying my position and change of stance in a global economic crisis scenario and a messy domestic policy decisions by our administration. I will not touch our markets since there could be some more regulatory issues such as 2G, Vodafone, P Notes suspect as Indian black money sources, clampdown on mineral dealers in Karnataka, tds in real estate transfers, etc etc. SO REGULATIONS ALL THE WAY! ENJOY!...

target of 500 post buyback closure is definite.Afterall 500 is just less than 200 away now compare 1500 which is more than 800 away.Who is madman is already decided by boarders and market.Look at pathetic story of law ministry approving raise in KG gas price when Attorny general writing that both govt and RIL accepted price till 2014 so cannot be revised b4 2014.Yes it is common sense that one fails in one business rush to other business so no wonder after failing and lossing in RIL wl try his/her luck in other business like currency derivatives.All d beast wishes....

It is YOU who raised the issue that CAIRN pays royalty whereas RIL doesn`t. In fact ONGC has been footing the ENTIRE royalty whereas CAIRN was royalt free. When GoI overturned this CAIRN initiated arbitration proceedings which was compromised as the CAIRN VEDANTA deal was blocked.=====by BB *************************************************************************************** “”stop drinking. ril does not pay any royalty and what we call as royalty is technical and only a fraction of what otherwise would have been collected from gas sales. ************************************************************************************** BB’S REPLY=====So YOU are quite simply the moron hurtling false allegations. WELL DONE BB,,,,,you have money to drink,,,,,,khate khate maro //// bhuk se kyo marna ******************************************************************************************************* ...

Whether left or right, not bothered. What we should be bothered is the essence of the article and its` authenticity. And the article brings out the truth which you and paid agents with a peon in tow surely would not accept. Similar to the congress which paints a person who accuse it of wrong doing in the worst possible light. ...

Never be a "Kamikaze" on mountain tips /// RIL IS NOT MOUNTAIN////.....avin...

BB sir now no left party no right party all middle party!!!That is why more noise less work....

850 is still possible by mid july...

Respected BB sir,the buy back riddle i know very well ,my &shri Tondon sai had absorbing discussion,he has sound knowledge of share market,his one saying i remember ,avin you will see no splash,MA is not kid,but many expected boom but you can see today MA`s all purchase below,870/-does not buy in big gaps,so dis appointment speaks /// i m not expert like you in f/o,you have//any way now do you go with your grand son to buy toys?If yes very good.thanks for addressing me. ...

uncle, stop drinking. ril does not pay any royalty and what we call as royalty is technical and only a fraction of what otherwise would have been collected from gas sales. read PSC again. there is no royalty and only profit sharing for the government but the problem is the expenses never end and the production keeps falling and then there is more expenses to repair so this vicious (virtuous for your master) cycle of expenses and no profits for goi never ends. ongc was made to pay the entire royalty, you are right uncle but wasn`t ongc given a stake in barmer and other fields in lieu of ongc paying the royalty??? the way your master mukesh ambani cheats indians the government of india cheated cairn india. so today ongc gets to keep their stake and not pay for them as was agreed earlier....

I am only clarifying my position and change of stance in a global economic crisis scenario and a messy domestic policy decisions by our administration.

I will not touch our markets since there could be some more regulatory issues such as 2G, Vodafone, P Notes suspect as Indian black money sources, clampdown on mineral dealers in Karnataka, tds in real estate transfers, etc etc.

SO REGULATIONS ALL THE WAY! ENJOY!...

Madmen misinterpret!

It is possible to track for 24 hours with the help of staff, robots and computers.

Of course some madmen have No knowledge and do not read audit reports, track FnO and utilisation of computers apart from gossip and gloating on price movement on the 100% incorrect premises.

Still looking for missing 36,000 crores and not bothering to read the annual report easily accessible and asking STUPID and SILLY questions.

What a collosal waste of 30 years!...

Good!

Madmen will keep repeating the same thing again and again 1000 times.

Now what is to be noted is the target of Rs 500 given by such persons however I would gladly accpet it as a BUY to more than double my holding of RIL provided there is clarify from GoI.

These madmen are only reinforcing their TRUE nature while ignoring the global crisis at large as the reason for the excessive downfall which was never predicted by them and in any case is not RIL centric....

lone warrior

I only have RIL left in my portfolio due to underperformance on the bourses. Now the market has come down to my levels when I had a multiple portfolio and instead of further investments in RIL I am looking at investment in my erstewhile stocks. I would do this only once I am positive that GoI will not be a hindrance to our stock market which is accentuated due to global problems.

I am NOT 24x7x365 days on RIL although I might be on this board 365 days going forward but certainly not 24 hours a day.

I of course track the currency market 24 hours a day while helping my sons abroad and with the help of some staff.

I am interested in RIL primarily tracking the energy security of this nation and since I have some interest in mining.

If I have been harsh on some boarders it is only because I have been driven by some YES MEN to my prime enemy on this MMB and since such YESs had NO fundamental basis and NO source based information.

So as such I very little to do with this market for the time being....

ciroc

Your post is merely the voice of the left party and is directed at Hon PM.

The cost price of US$ was relevant at peak production but not now deliberate and / or otherwise. Hence the price of US$ 5.25 given to ONGC and ESSAR is even more unjustified and must have some basis but certainly not because ONGC bears subsidy burden in petrol and diesel. It has also not encouraged ONGC to expedite its project adjoining KG D6 Basin. This can prove a strong point in any investigation and arbitration proceedings.

As such I feel that gas pricing can be brought down dramatically if marketing freedom is accorded by supplying at a higher price to those who can afford and subsiding those where subsidy is justified directly by the excess profits generated. Something about the profit share base does not seem right in acual practice. Also RIL may be biding time until yhe matter also on the capex is decided through legal process.


Also the confusing signals from oil ministry and pmo office suggests that this government is once again caught in a circle of confusion which certainly affects RIL and also certainly the nation at large on the entire economy and stock market.

I think more than corporates who support the lifeline of this nation corrupt ir otherwise it may auger well if this nation somehow enforces a midterm poll.

Keep out of stock markets not only because of domestic issues but the global situation as well....

avin57

The scratched gramaphone is ranting. Anyway he gave a target of 850 abd is still boasing and dancing round and round in circles.

Anyway I am NOT a buyer in this market including RIL however on the way up whenever the time is ripe I will once again pick a portfolio of stocks including banks which I sold off anf they have come to my price to book valuations.

Also if RIL collapses even further it is nothing great in the global collapse being witnessed. Even if you look at the currency markets US Dollars is 250 to 750 pips stronger than ALL global currencies for NO fundamental reason.

Once again Indian Rupees will be well under pressure on Monday and Indian investors are out of liquidity to support the market at ANY price.

I might take a shorterm call around the time of the RIL AGM.

It is not RIL but the policies of this GoI I am betting against not that it would have made much difference with the kind of global uncertainty at this point of time where a paper currency like the US$ is gaining strenght and crating huge volatility.

If QE3 in USA is announced it may be a time to take a call in the market and this time I may try out with banking stocks for a longer term outlook and faster recovery....

Bookworm

Suspicious! Election collection mode?...

avin57

The scratched gramaphone is ranting. Anyway he gave a target of 850 abd is still boasing and dancing round and round in circles.

Anyway I am NOT a buyer in this market including RIL however on the way up whenever the time is ripe I will once again pick a portfolio of stocks including banks which I sold off anf they have come to my price to book valuations.

Also if RIL collapses even further it is nothing great in the global collapse being witnessed. Even if you look at the currency markets US Dollars is 250 to 750 pips stronger than ALL global currencies for NO fundamental reason.

Once again Indian Rupees will be well under pressure on Monday and Indian investors are out of liquidity to support the market at ANY price.

I might take a shorterm call around the time of the RIL AGM.

It is not RIL but the policies of this GoI I am betting against not that it would have made much difference with the kind of global uncertainty at this point of time where a paper currency like the US$ is gaining strenght and crating huge volatility.

If QE3 in USA is announced it may be a time to take a call in the market and this time I may try out with banking stocks for a longer term outlook and faster recovery....

babboo-q

It is YOU who raised the issue that CAIRN pays royalty whereas RIL doesn`t. In fact ONGC has been footing the ENTIRE royalty whereas CAIRN was royalt free. When GoI overturned this CAIRN initiated arbitration proceedings which was compromised as the CAIRN VEDANTA deal was blocked.

So YOU are quite simply the moron hurtling false allegations....

TondonA

I wonder why so many issues being raised here? Even above any court of law is the mutual agreement to the signatory of the parties under the PSC and between the various agreements between the end users.

The way the currency markets are movong today we could be staring at Rs 55 to a US$ even at a lower crude price. Is it better to pay more money overseas or is it better to pay in Indian Rupees for domestically produced energy.

ONGC and ESSAR get a price of US$ 5.25 per mmscmd and have stated in the past that a production similar to KG D6 Basin cannot be less than US$ 6 to US$ 7. DGCH and ONGC are quite conversant about the COST so trying to enforce an agreement outside the PSC has a thin line to legal and illegality. The contractor may well have deliberately not taken steps to ramp up gas production due to the capex issues, discoveries made no discoveries and revised FDPs being struck down and sticking to the guns of frilling four wells without capex approval which was under dispute.

Even regarding CAG reports it only proves that a private enterprise which puts its own monies on stake would work differently to a PSU.

Now I think the time for delaying tactics by GoI is over and even if it has to buckle in a little it should do everything to restore the growth of this nation, give up dependence on foreign oil and gas as much as possible and let there be free trade.

At the end of the day competition (with the overseas players) should be left for the market to determine.

Time to decide whether wealth should flow out of this nation or remain here even if it is with underperfoming RIL for sometime. Afterall ONGC is with CONOCOPHILIPS so it is upto GoI to measure up with RIL.

...

hkre

Banks also do the same. RIL invests in first glass GoI bonds, FDs and Mutual Funds. Through mutual funds I suppose RIL can control the rest of the market when the time comes.

RIL cannot LEND money to anyone since it does not have license for banking as yet although it has interest in a subsidiary which does lend. Hence the other income component might be considered core if the income becomes regular in nature for two years....

TondonaA

Very clear! Motives of our babus seem to be money spinning scams or they are just not interested in our nation`s progress.

Within just ONE year we could turn our fortunes around but that is not what our government wants???????????...