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RIL and BP Launch Fuel Retailing JV Under ‘Jio-BP'
On Thursday oil majors RIL and BP plc announced the launch of their fuel retailing joint venture under the brand ‘Jio-bp'. Last year, BP for a financial consideration of USD 1 bn bought 49% stake in the fuel-related assets of RIL ...
RIL may post 14 – 17% PAT for Q2
Reliance Industries, the company which occupies the largest pie in terms of market capitalization is expected to post 14-17% rise in its net profit for the quarter ended Sept 30 on Saturday, October 15.Analysts expect its standalone profit after tax (PAT) ...
RIL plans to invest Rs 1 lac crore: Morgan Stanley Report
Mukesh Ambani led, Reliance Industries, group might come up with future investment of Rs 1 lakh crore or more in various businesses, stated the research report by Global Investment Banking major Morgan Stanley, claimed PTI. Morgan Stanley was a financial ...
Reliance-BP gets clearance from Home Ministry
The home ministry cleared the proposal for UK's BP to buy a 30% stake in Reliance Industries' oil and gas blocks for US Dollars 7.2 billion. Though the ministry gave an unconditional no-objection certificate, it did however ask if the ...
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