Bullish calls on RIL are up, according to the Analyst Call Tracker, as the risk-reward ratio improves.

After the recent drop in price, analysts are more positive about the company since they believe valuations are more reasonable. They claim that most of the company's short-term risks have been included into the stock price.

Elios Financial Services' Sham Chandak claims that Reli...

Nobody was wounded when Reliance's shiny new FPSO ran aground off the east coast.

Off the east coast, Reliance Industries Ltd.'s brand new floating manufacturing system had a minor collision with a barge, but the business reported on Sunday that no one was wounded and the project was continuing as planned.

While traveling to the deep-water MJ gas condensate devel...

No one was wounded when Reliance's shiny new FPSO ran aground off the east coast

No one was wounded and production continued as usual on Sunday, when Reliance Industries Ltd. reported a minor collision with a barge off the east coast.

In transit to the deep-water MJ gas condensate development in the KG-D6 region of the Bay of Bengal, the Ruby floating production, st...

The manufacturers want the diesel subsidy to be maintained

Even though manufacturers would struggle to keep the pricing of their goods stable for another 3-6 months due to the Russia-Ukraine conflict, they urge that the government keep fuel costs below 30 baht per litre, according to the Federation of Thai Industries (FTI).

Global oil prices ar...

KAWASAKI’S ROBOT SYSTEMS CAN CONDUCT AROUND 2,500 PCR TESTS

Highlights –

• Kawasaki’s robot systems can conduct around 2,500 PCR tests.
• Kawasaki aims to have 50 of such systems installed by the end of March 2022.
• The system shortens the time from taking the samples to delivering the result...

SUMITOMO WARNED FOR LEAKING BLUEPRINTS OF SDF WEAPON TO CHINA

Highlights –

• Sumitomo warned for leaking blueprints of SDF weapon to China.
• The Ministry of Economy, Trade and Industry issued the warnings on April 28 to the company.
• A subcontracted firm by Sumitomo Heavy leaked blueprints of a mili...

S. KOREA’S HANJIN HEAVY TO BE SOLD OFF TO DONGBU CORP.

Highlights –

• S. Korea’s Hanjin Heavy to be sold off to Dongbu Corp.
• The company’s shares ended low on Friday trading at 7,650 won.
• KDB, creditor of Hanjin Heavy will sell 66.85 percent of its stake in the company to Dongbu...

LAXMI ORGANIC RAISES CASH FROM 15 ANCHOR INVESTORS

HIGHLIGHTS

• Laxmi Organic Industries Limited has raised Rs. 180 ten-million from 15 anchor investors a day before its Issue Opening.
• Based in Mumbai, Laxmi Organic Industries Limited manufactures specialty chemicals.

Mumbai-based spec...

S. KOREA’S GLOBAL SHIPBUILDING ORDERS RISE IN FEBRUARY

Highlights –

• S. Korea’s global shipbuilding orders rise in February.
• HHIC won new orders of 43 ships or 1.56 million compensated gross tons (CGTs).
• S. Korea bagged orders for 7 very large crude carriers, five A-Max oil tankers, ...

AMBANI TO PARTNER WITH FACEBOOK AND GOOGLE

HIGHLIGHTS

• Mukesh Ambani is going to forge a partnership with Facebook and Google.
• Three partners seek to obtain a license to enter India’s digital payments business.

Reliance Industries Ltd., led by Asia’s richest man Mu...

HHIH SIGNS HYDROGEN PROJECT DEAL WITH SAUDI ARAMCO

Highlights –

• HHIH sings hydrogen project deal with Saudi Aramco.
• Hyundai Oilbank Co. will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue hydrogen.
• Hyundai Oilbank will be provided with blue ammonia.
• ...

S. KOREAN SHIPBUILDERS HAVE INCREASED ORDER TARGETS BY 40% IN 2021

Highlights –

• S. Korean shipbuilders have increased order targets by 40% in 2021.
• KSOE set an annual combined order target of its three units at US$14.9 billion in 2021.
• Samsung Heavy Industries Co. aims to win new orders worth $7.8 bi...

DOOSAN HEAVY DECIDED TO SELL 35% OF ITS STAKE IN DOOSAN INFRACORE

Highlights –

• Doosan Heavy decided to sell 35% of its stake in Doosan Infracore.
• Doosan Heavy will sell its stake for $757 million to Hyundai heavy Industries Holdings Co.
• Doosan Heavy disposed of 76 million shares of its construction ...

HYUNDAI’S SHIPBUILDING UNIT TO UNDERGO TEMPORARY SHORTAGE OF ORDER BACKLOGS

Highlights –

• Hyundai shipbuilding unit to undergo temporary shortage of order backlogs.
• The shortage of order backlogs is predicted to take place in the second half of the year.
• Construction of ships to be delivered by 2022 will start...

KAI REPORTS FINAL ASSEMBLY OF THE COUNTRY’S FIRST INDIGENOUS DEVELOPED FIGHTER JET

Highlights –

• KAI reports final assembly of the country’s first indigenous developed fighter jet.
• The country has been working on the KF-X project to replace the Air Force's aging fleet of F-4 and F-5 jets.
• KAI started the fi...

JAPAN REPORTS A SURGE IN SHIPMENTS OF LAPTOPS IN 2020 AMID PANDEMIC

Highlights –

• Japan reports a surge in shipments of laptops in 2020 amid pandemic.
• And industry body reported that Japan recorded a 25.1 percent surge in laptop shipments.
• Shipments of desktop computers however dropped 41.5 percent to ...

DOOSAN INFRACORE REPORTS AN INCREASE IN SALES OF ITS CONSTRUCTION EQUIPMENT IN 2020

Highlights –

• Doosan Infracore reports an increase in sales of its construction equipment in 2020.
• The sales increased by 18 percent in 2020.
• The company is said to have sold 4,000 units of construction equipment, like excavators and w...

DOOSAN INFRACORE CO. REPORTS AN INCREASE IN ITS EXCAVATOR SALES IN CHINA

Highlights –

• Doosan Infracore Co. reports an increase in its excavator sales in China.
• In the country itself, the company sold 18,686 excavators in 2020.
• Hyundai Heavy Industries Holdings Co. signed an initial deal to buy out Doosan I...

KSOE AND SAMSUNG HEAVY INDUSTRIES BAG ORDERS WORTH 1 TRILLION WON FOR CRUDE CARRIERS

• Korea Shipbuilding & Offshore Engineering (KSOE) and Samsung Heavy Industries have bagged orders for a total of 13 crude carriers. The sum total of the ships under question exceeds 1 trillion won.
• KSOE, a shipbuilding arm of Hyundai Heavy Industries Group, announced on...

JAPAN UNVIELED ITS NEW SUBMARINE ‘THE TAIGEI’ IN WESTERN JAPAN

Highlights –

• Japan unveiled its new submarine ‘The Taigei’ in western Japan.
• The submarine is an effort to boost Japan’s maritime security amid China’s growing assertiveness.
• The submarine weighs 3,000 tons.