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BRIEF-Reliance Industries exec says co to invest 180 bln rupees in Jio this quarter
April 24, 2017 / 1:24 PM / 5 months ago

BRIEF-Reliance Industries exec says co to invest 180 bln rupees in Jio this quarter

April 24 (Reuters) - Reliance Industries Ltd

* Exec says co has invested so far $500 million in CBM

* Exec says all petchem expansion projects to be completed by this quarter

* Exec says full benefit of expansion projects to reflect in cash flows will come from FY19

* Exec says non-Jio capex for current fiscal year is 150 billion rupees to 180 billion rupees

* Exec says to invest 180 billion rupees in Jio this quarter

* Exec says Reliance will continue to clock double digit GRM in coming quarters

* Exec says by third quarter, co can see a further jump in GRMs as new projects come online

* Exec says market size in retail petrol and diesel sales is 5 percent now Further company coverage:

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