RIL outlines plan for O2C business spin off

RIL outlines plan for O2C business spin off

Highlighting that the new foray into green energy will be liked by investors, analysts see a significant upside risk to earnings and multiples for O2C as RIL invests in new energy and technology. Reliance Industries (RIL) is in the process of carving out its oil-to-chemical (O2C) business into a separate new subsidiary with a $25-billion loan from the parent.

Read more at 
The Financial Express

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