After acquiring British Oil Company's petrochemical company plant in Malaysia for $230 million in September, Reliance Industries (RIL) is scouting for more prospects in the South-East Asian nation.
Meanwhile, RIL is reportedly looking for opportunities in the oil and gas, refinery and petrochemical sector, which it concentrates upon. Mukesh Ambani owned company plans to set up a gas cracker in India, with downstream units to better integrate polymer and polyester production.
Recently, the company unveiled its plans of investing $10 billion on rolling out its 4G network across the country, a move that the company has been gearing up for ever since its subsidiary, Infotel Broadband (IBSL), won a license in 2010 to offer such services nationally.
Company Name | CMP |
---|---|
Reliance Industries | 2859.60 |
Indian Oil Corp. | 162.40 |
BPCL | 627.60 |
HPCL | 537.05 |
MRPL | 203.15 |
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