Reported about 10 hours ago
Reliance Industries' annual investor gathering is set against a backdrop of U.S. sanctions and rising tensions over its purchases of discounted Russian oil. Chairman Mukesh Ambani's speech will likely steer clear of direct discussion on Russia, focusing instead on the company’s diversification into telecom, retail, and clean energy. However, the financial implications of Russian oil deals remain significant, with Reliance's core oil and gas business still accounting for a substantial portion of its revenue despite a shift toward greener initiatives.
Source: YAHOO