Mukesh Ambani plan to sell Reliance Gas Transportation Infrastructure business

Mukesh Ambani looks to-sell Reliance-Gas Transportation Infrastructure-business, that is in to constructing pipelines to transport natural gas, stated a media statement.

The Wall-Street Journal has noted that Reliance Industries chairman Mukesh-Ambani, , has approached bankers to assist him sell this company.

“The procedure is at a beginning stage and also a sale may not happen,” the daily mentioned.

Quoting 2 people informed about the matter, the statement mentioned that the privately managed gas-pipeline business, generally known as RGTIL for short, could possibly be value about $1 billion.

Be Sociable, Share!
Tags: , ,

Stock Market Basics For Beginners

Who’re the players in the Securities Market?

Who’re the players in the Securities Market? The securities market basically has 3 categories of-participants, such as, the companies of securities, traders in securities and also the intermediaries, like merchant bankers, brokers ...…

Dematerialization Definition

Dematerialization Definition Dematerialization (Meaning) is the procedure through which physical certificates of the trader are usually transformed into an equal quantity of securities in electronic form as ...…

Who controls the Securities Market?

Who controls the Securities Market? The responsibility for controlling the securities-market is shared by DEA (Department of Economic Affairs), DCA (Department of Company Affairs ), RBI (Reserve Bank of India ...…

Why does Securities Market require Regulators?

Why does Securities Market require Regulators? The lack of conditions of best competitors in the securities market creates the position of the Regulator very important. The regulator makes sure that the ...…

Balance of Trade

Balance of Trade [ad name="468x15- 5 link"] Balance of Trade (BoT) indicate different in value, in a period of time, between a country’s imports and also exports of ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics