RIL to invest Rs 1 lakh cr in core biz in next 4-5 yrs

June 07, 2012 12:25

Reliance Industries today announced an investment of Rs 100,000 crore in core businesses of petrochem and oil and gas as well as in new sectors of retail and
telecom, to double operating profits in 4-5 years. Addressing company shareholders, RIL Chairman and Managing Director Mukesh Ambani said new projects in petrochemicals and refinery business would come online in the
next 2 to 3 years.

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