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Reliance Industries exits from overseas oil and gas blocks

New Delhi: Reliance Industries has exited the last of its overseas oil and gas assets after it relinquished two blocks in Myanmar. “Relinquishment of Myanmar Block M17 and M18 on completion of study / others technical evaluation assessment period,” RIL said in an investor presentation post announcing its second quarter earnings. With this, the oil-to-telecom […]

Britannia Industries Eye Expansion Into Myanmar

New Delhi, Aug 7 () Britannia expects around 10-12 per cent of its revenue to come from overseas markets in the next 3-5 years and plans to set up a plant in Nepal as part of global business expansion, says Britannia MD Varun Berry. The FMCG major is also looking to build its presence further in the African market and Myanmar. […]

The ‘Lean, Clean And Green’ AIIB Is Ready For More Ambitious, Independent Projects

The Asian Infrastructure Investment Bank (AIIB) has been operating for eighteen months, and, contrary to the fears of some Western analysts, the bank has tightly controlled risks, engaging in projects that are sensitive to local politics, social conditions, and the environment. While the AIIB has mainly been working closely with other multilateral development banks, the […]