{"id":349486,"date":"2020-05-05T10:34:25","date_gmt":"2020-05-05T05:04:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349486"},"modified":"2020-05-05T10:34:25","modified_gmt":"2020-05-05T05:04:25","slug":"for-ril-data-is-beginning-to-look-like-new-oil","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/for-ril-data-is-beginning-to-look-like-new-oil\/","title":{"rendered":"For RIL, data is beginning to look like new oil"},"content":{"rendered":"<p>Mumbai: Towards the end of Reliance Industries\u2019 FY19-20 earnings presentation last week, an interesting information nugget popped up. In the last 10 years, three global technology giants \u2013 Amazon, Apple and Microsoft have each notched up trillion dollar market caps while all S&amp;P energy companies put together are not worth more than $582 billion. These asset light technology companies have created more value than legacy<br \/>\nbusinesses and investors have lapped them up.<\/p>\n<p>There is a reason why this data point finds a place in the presentation of a predominantly energy and petrochem company. There was a time when RIL and its founder Dhirubhai Ambani wanted to emulate the exploits of global energy super giants like Exxon and Royal Dutch\/Shell and RIL\u2019s own journey from a small textile firm to a global energy and petchem major is testimony to that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Towards the end of Reliance Industries\u2019 FY19-20 earnings presentation last week, an interesting information nugget popped up. In the last 10 years, three global technology giants \u2013 Amazon, Apple and Microsoft have each notched up trillion dollar market caps while all S&amp;P energy companies put together are not worth more than $582 billion. These asset light technology companies have created more value than legacy businesses and investors have lapped them up. There is a reason why this data point finds a place in the presentation of a predominantly energy and petrochem company. There was a time when RIL and [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-349486","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349486","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349486"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349486\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}