 "Reliance, Reliance Industries")
Billionaire Mukesh Ambani's Reliance Industries Ltd can explore reorganisation of the company into three independent entities for different business verticals as it prepares to list subsidiaries and induct next-generation of founding family into key roles, a report said.
This, a report by Kotak Institutional Equities, would help prevent any holding company discount in Reliance as and when its subsidiaries list, prepare for eventual management change and preclude inter-linkages between entities as and when they become independent, listed entities.
India's most valuable company has three distinct businesses -- oil refining and petrochemicals business house in oil-to-chemicals (O2C) unit, digital business including
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