Oil To Chemicals Business O2c
Business  /  Published 24.07.21

Subdued Q1 for RIL

Reliance Industries (RIL) on Friday reported a net profit of Rs 13,806 crore for the first quarter ended June 30 — a sequential fall of 7.92 per cent as its businesses felt the impact of the sec...
By Our Special Correspondent in Mumbai

Business  /  Published 25.06.21

Aramco-RIL deal likely this year

The much awaited deal between Reliance Industries (RIL) and Saudi Aramco is set to be concluded this year after a delay of more than 14 months. As a precursor to the proposed transaction, first annou...
By Our Special Correspondent in Mumbai

Business  /  Published 03.06.21

RIL eyes O2C arm investor

Reliance Industries (RIL) has kept its hopes alive to induct a strategic partner in its oils-to-chemicals (O2C) business with chief Mukesh Ambani stating in the company’s annual report that a pr...
By Our Special Correspondent in Mumbai

Business  /  Published 04.05.21

Aramco offers stock & cash for O2C biz

Reliance Industries is reportedly in talks with Aramco under which the Saudi oil behemoth could pick up a 20 per cent stake in the oil-to-chemicals business that the Mukesh Ambani-owned conglomerate p...
By Vivek Nair in Mumbai

Business  /  Published 01.05.21

Reliance profit jumps 129%

Reliance Industries Ltd (RIL) on Friday beat Street estimates by posting a 129 per cent jump in net profits for the fourth quarter ended March 31, following a strong performance by the oil-to-chemical...
By Our Correspondent in Mumbai

Business  /  Published 08.09.20

RIL unveils spinoff plan for O2C biz

Reliance Industries Ltd (RIL) has formally set in motion the process of spinning off its oil-to-chemical (O2C) business into a separate subsidiary and induct partners into the entity. It has come up ...
By Our Special Correspondent in Mumbai

Business  /  Published 27.08.20

Ex-IOC chief to head Reliance Industries Ltd O2C biz

Former Indian Oil Corp (IOC) chairman Sanjiv Singh has joined Reliance Industries Ltd as group president for the Mukesh Ambani-run firm’s oil-to-chemicals business. A communication by RIL execu...
By PTI in New Delhi

Business  /  Published 30.04.20

RIL to vault over zero net-debt goal

Reliance Industries chairman Mukesh Ambani is in the process of whipping up some salivating deals that look to take the oil-to-retail-to-telecom behemoth way beyond its zero net debt goal.RIL had gros...
By Our Special Correspondent

Business  /  Published 30.04.20

Reliance Industries holding company move

Is Reliance Industries on course to becoming a holding company? That was the question that observers asked as the company on Thursday announced that it will carve out the oil-to-chemicals business (O2...
By Our Special Correspondent in Mumbai


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