Reliance Industries (RIL) will transfer its oil-to-chemicals (O2C) operations to a wholly owned subsidiary for a $25-billion loan, besides $12-billion equity. Consideration for the transfer of the O2C ...
Reliance Industries Ltd's new oil-to-chemical business unit will hold its oil refinery and petrochemical assets and retail fuel business but not upstream oil and gas producing fields such as KG-D6 and ...