You are here: Rediff Home » India » Business » Video
Search: The Web
More Videos Visit: iShare
  Email  |    Discuss   |   Get latest news on your desktop

KG basin gas to lift Reliance profit: Ambani

September 22, 2008
Reliance Industries will start pumping natural gas from its deep-sea block early next year, putting India's most valuable firm on track to earn a quarter of its profit from oil and gas production, RIL chairman Mukesh Ambani said on Sunday.

He also said that this would amount to about 40 per cent of the current indigenous production in the energy-starved country, which imports 70 per cent of the oil it consumes.

Video: ANI
Also see: Indian bankers see little impact of Lehman collapse

© 2008 India Limited. All Rights Reserved.Disclaimer | Feedback