INSUBCONTINENT EXCLUSIVE:
and it has now regained the lead over the British company after its shares hit a fresh high in Mumbai on Wednesday.
It also narrowing the
Oil companies have struggled because of swings in crude prices and as uncertainty persists over future energy demand.
Reliance, meanwhile,
has benefited in a number of ways
fuels, partly protecting it from volatility in prices.
Telecom, RetailWhile Reliance gets two-third of its revenue from energy, Ambani has
market for mobile phone users
sixth-largest oil company, with Exxon Mobil Corp
topping the list with a market value of about $290 billion
Aramco, formally known as Saudi Arabian Oil Co., is planning an initial public offering with a valuation target of between $1.6 trillion and
