Profit

RIL shareholders may gain from RIL-RPL merger: Analysts

PUBLISHED ON: February 28, 2009 | Duration: 20 min, 34 sec

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Reliance Industries Chairman Mukesh Ambani is keeping analysts busy over the weekend. First the proposal to merge Reliance Industries (RIL) and Reliance Petroleum (RPL) and then an announcement of buying Chevron's 5 per cent stake in Reliance Petroleum, as reported by NDTV-Profit, in October 2008.
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