Last Updated :
24 December 2011 at 12:40 IST
RIL to support India government
MUMBAI (Commodity Online): Reliance Industries Ltd (BSE: RIL : 500325 ) plans to invest Rs 70000 crore in next two years to support India government, according to Mukesh Ambani, chairman, Reliance Industries. He was attending a meeting with the Prime Minister's Council on Trade and Industry.
The investment will be done to develop the infrastructure projects of the country, reported The Economic Times.
Several industry leaders, such as Ratan Tata, N R Narayana Murthy, Sunil Bharti Mittal, Sunil Munjal and Vindi Banga supported Ambani's view.
On BSE , the company traded down 1.10% to Rs 746.45 on Friday.
MCX COTTON 29 mm 31 May 2012
contract was trading at
Rs 18750 , down Rs. -130 . What's your view on it?
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