 "FILE PHOTO: A bird flies past a Reliance Industries logo installed on its mart in Ahmedabad. Photo: Reuters")
With shareholders and creditors of Mukesh Ambani-led Reliance Industries (RIL) voting in favour of the demerger of its oil-to-chemicals (O2C) business, brokerages said the company could detail a new business plan in line with its vision for carbon neutrality and green chemical initiatives.
With the O2C business outlook on the mend, the Street is also looking forward to news on RIL’s proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi Aramco.
“This O2C business of RIL generates a lot of cash and hence, it will be interesting to see
With the O2C business outlook on the mend, the Street is also looking forward to news on RIL’s proposal to sell up to 20 per cent of the O2C business to a strategic investor like Saudi Aramco.
“This O2C business of RIL generates a lot of cash and hence, it will be interesting to see
