Reliance Industries has approved a strategic partnership with BP. This partnership involves formation of a 50:50 joint venture for sourcing and marketing of gas in India and BP taking a 30% stake in 23 oil and gas production sharing contracts that Reliance operates in India.
Varatharajan Sivasankaran, VP-Research, Indiabulls Securities has revised his target price for RIL up to Rs 1,225 from Rs 1,145 earlier.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!