{"id":349307,"date":"2020-05-02T11:51:47","date_gmt":"2020-05-02T06:21:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349307"},"modified":"2020-05-02T12:51:03","modified_gmt":"2020-05-02T07:21:03","slug":"reliance-industries-holding-company-move","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-holding-company-move\/","title":{"rendered":"Reliance Industries holding company move"},"content":{"rendered":"<p>Is Reliance Industries on course to becoming a holding company? That was the question that observers asked as the company on Thursday announced that it will carve out the oil-to-chemicals business (O2C). <\/p>\n<p>This comes even as RIL has already created a subsidiary \u2014 Jio Platforms Ltd (JPL) \u2014 which consists of all its digital services business, including Jio. Market circles do not rule out the possibility of RIL hiving off Reliance Retail as well at a later date. If this is done, RIL could become a holding company. <\/p>\n<p>RIL on Thursday announced that its board has approved a scheme of arrangement for the transfer of its O2C undertaking to Reliance O2C Ltd as a going concern on slump sale basis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Is Reliance Industries on course to becoming a holding company? That was the question that observers asked as the company on Thursday announced that it will carve out the oil-to-chemicals business (O2C). This comes even as RIL has already created a subsidiary \u2014 Jio Platforms Ltd (JPL) \u2014 which consists of all its digital services business, including Jio. Market circles do not rule out the possibility of RIL hiving off Reliance Retail as well at a later date. If this is done, RIL could become a holding company. RIL on Thursday announced that its board has approved a scheme of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,215,148],"tags":[],"class_list":["post-349307","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-telegraph","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349307"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349307\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}