Mumbai-based Reliance Industries Ltd. toppled Houston's ExxonMobil to become the world’s second largest energy company after as investors piled into the conglomerate lured by the Indian firm’s digital and retail forays. Reliance manages the world’s biggest oil refinery complex in Jamnagar, Gujarat. According to Bloomberg, its shares rose 4.3% in Mumbai on...
ExxonMobil to Invest $400Min India
Oil major ExxonMobil will set up a technical and business support center as well as an R&D facility in Bangalore, the capital of the southern state of Karnataka. When the center starts in late 2015 it will initially have about 1,000 employees, and this number is likely to increase five...