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Online edition of India's National Newspaper Saturday, May 12, 2001 |
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FIPB clears RIL divestment in RPL
NEW DELHI: The Foreign Investment Promotion Board (FIPB) has
cleared Reliance Industries' proposal to divest 13 per cent of
its 64 per cent equity in Reliance Petroleum, which operates the
world's largest refinery, to foreign investors. When contacted,
industry ministry sources confirmed that Reliance proposal was
amongst the host of proposals cleared by FIPB at its meeting here
but declined to give details.
- PTI
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Front Page |
National |
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Other States |
State Elections |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
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