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Reliance slumps after Niko cuts gas reserve estimate
The stock of Reliance Industries fell by three percent to Rs 716 per share after Canada's Niko Resources sharply cut the reserves estimate at the KG D6 gas blocks, off India's east coast, where the two companies are partners.
Shaw family of cable-TV moguls tops Calgary's executive earnings again
Edward Sampson, CEO and chairman of Niko Resources Ltd., who was first in the survey in 2008 and 2009 and second in 2010, was fifth in the latest survey at $10.7 million and Steve Wilson, Shaw's chief financial officer, placed sixth at $10.4 million.
BSE Sensex falls; Reliance Industries, cement firms hit
Shares in Reliance Industries fell 1.1 percent on continued concerns about gas output after Canada's Niko Resources Ltd. slashed the reserve estimate at the KG D6 block on Wednesday. Bank of America-Merrill Lynch downgraded Reliance to ...
Chart of the day: It's not just RIL that is suffering from low gas output
Over the last three years, the movement in the benchmark BSE Power index has shadowed that of the RIL stock. And there could be more bad news in store.
Students, staff at Gloucester County schools recognized
People's Choice: Delsea Regional High School in Franklin Township recently presented their annual Renaissance People's Choice Awards.
Teacher reveals she has class of 33 children – and none of them speak English
She added: “Take a second to imagine being given a class of more than 30 children that you couldn't communicate with and being told to teach them something.