Reliance Industries’ retail arm, Reliance Retail, is now valued at nearly twice the amount of its decades-old and lucrative oil-to-chemical (O2C) division. Bernstein’s latest report on the conglomerate reveals an estimated valuation of $112 billion for its retail business, dwarfing the $57 billion valuation of its O2C division. In addition, the research firm… Continue reading Reliance Retail’s valuation now nearly twice that of RIL’s O2C business