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Mar 13, 2013
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Where Reliance is investing its money
Reliance Industries, the country's largest company, is expanding investment in its telecom and retail businesses by up to Rs 6,500 crore a year for the next five years, beginning April 1.By the end of five years, the company will invest close to an additional Rs 13,500 crore in telecom and another Rs 19,500 crore in the retail business, say analysts. While Reliance did not disclose plans for 2013-14, analysts say it will be investing a massive $28 billion (Rs 151,000 crore) in its core oil, gas, refining and petrochem sectors in the next five years.
Source -
http://www.rediff.com
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