RIL's $15.5 bn capex to increase profits by 50% over FY15-18
Reliance Industries' USD 15.5 billion downstream refinery and petrochemical expansion projects are likely to add more than 50 percent to its pre-tax earnings over the next three years, Morgan Stanley said on Tuesday.
Mar 31, 2015, 16:43 PM ISTRIL to invest $16 billion in petchem expansion
Reliance Industries will invest about USD 16 billion in expanding petrochemical production capacity and lower feed and fuel costs to boost profits.
Oct 10, 2014, 16:22 PM ISTGovt plans to stop RIL from selling crude to Jamnagar refinery
Jamnagar refinery of RIL won the tender as CPCL offered a pricing formula that was about USD 4-5 per barrel less than the formula quoted by the private sector refiner.
Aug 20, 2014, 15:56 PM IST