Reliance AGM Mumbai, Indian shares grown highest in few months, with Reliance Industries (RELI.BO) rallying as much as 1.7 percent ahead of the energy major’s annual general meeting of shareholders. Reliance Industries Mukesh Ambani ready to supply gas to Anil’s ADAG.
Reliance Industries, India’s most valuable company, today announced multi-billion dollar investment plans in the power sector and said that it will supply natural gas to Anil Ambani Group’s power plants as and when they are ready.
RIL Chairman and managing director Mukesh Ambani said the company was ready for a “big surge forward” and will use its strong finances for “inorganic” growth and new ventures including expansion of capacity to produce polyester. Read Full Story
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