Mukesh Ambani’s RIL to invest Rs 2 lakh crore in oil business

Mukesh Ambani's RIL to invest Rs 2 lakh crore in oil business

Reliance Industries will begin commercial operations of its much-awaited 4G telecom services by December, while it plans to complete projects worth over Rs 2 lakh crore in the core oil and petrochemical businesses over the next 12-18 months. Targeting 100% national coverage within the next three years, Ambani said the 4G LTE smartphones will be brought to India at a price less than Rs 4,000 by December.

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