Reliance may sell stake in foreign blocks
NEW DELHI (Reuters) - Reliance Industries may sell stakes in some of its overseas exploration blocks, Executive Director P.M.S. Prasad told reporters on Wednesday.
"This is a part of our strategy. We have done it in the past and we are serious about it," he said.
(Reporting by Nidhi Verma; Editing by John Mair)
(For more news on Reuters Money visit www.reutersmoney.in)
(For Quotes and Interactive Charts of Reliance Industries click here)
© Thomson Reuters 2009 All rights reserved
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
GLOBAL RECOVERY
Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article





India
US
UK









