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Rediff.com  » Business » 'RIL board meet was cordial'

'RIL board meet was cordial'

Source: PTI
January 21, 2005 12:41 IST
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The board meeting of Reliance Industries Ltd on Friday to consider the financial performance of the third quarter was held in a cordial atmosphere and there were no rumblings between the two warring brothers.

The meeting was held in a cordial atmosphere and there were no rumblings. No issues other than the financial performance for the third quarter were discussed, RIL director Y P Trivedi told reporters after attending the meeting at the corporate headquarters at Nariman Point in Mumbai.

The good performance is due to better sales and improved margins during the third quarter, he said.

The next board meeting is likely to be held in March, he added.
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