(Reuters Breakingviews) - Data will be the new oil for Reliance Industries in 20...
Mukesh Ambani, Chairman and Managing Director of Reliance Industries, attends a convocation at the Pandit Deendayal Petroleum University in Gandhinagar, India, September 23, 2017.
MUMBAI - Data will be the new oil for Reliance Industries in 2020. Boss Mukesh Ambani, stands to benefit from the 21st century mantra in two important ways as he carves up his sprawling $130 billion conglomerate. He would fulfill a bold promise to significantly cut debt and achieve a higher, tech-like valuation from investors. India’s richest man is overseeing the biggest overhaul of his company since it was split in 2006 as part of a family feud.
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