There will be no impact, whatsoever, on the financial performance of the refinery, or for that matter, in the final products

IIPM PUBLICATION
Well, of late, the company is sporting a very good financial status. President P. K. Kapil said in an e-mail to the employees “There will be no impact, whatsoever, on the financial performance of the refinery, or for that matter, in the final products.” On the retail store front, Reliance plans to invest nearly Rs.250 billion in the course of its plan’s actuation. It will set up 5-10 stores in Hyderabad within a month and would then expand in other major cities like Delhi, Bangalore and Mumbai. Ambani’s close support Manoj Modi, will head the retail venture while Nita Ambani will take care of the branding part. It appears that the company is really not affected by any adversity, no matter how hard it hits the Reliance structural integrity. The resilience showed is truly appreciable, but then this cannot be expected from any other company either.

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Source : IIPM Editorial, 2006, Arindam Chaudhuri's Initiative

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