Moneycontrol PRO

business

Reliance jumpstarts $12bn petchem capex plan

In the next 3-4 years, RIL wants to have the capability of earning in 5 years what it has earned over the last 30 years which explains the USD 12 billion capex plan it has kick started for its petchem business, reports CNBC-TV18's Sajeet Manghat.

first published: May 22, 2012 09:36 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347