4.00 (0.29%) Reliance Industries (RIL) is planning to restart its entire 1,400 retail fuel pump outlets in fiscal year ending March 2016. The stations were closed in 2008 when global oil prices surged towards $150 a barrel and the government's subsidy to state fuel retailers knocked privately-owned retailers out of the market.
Over 320 fuel outlets have already been restarted. Reliance took a significant share away from the state companies in 2006.