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Challenges in Reliance Industries' oil-to-chemical business, fear of further slowdown

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Reliance Industries' oil-to-chemicals (O2C) business may continue to remain sluggish during the current financial year. Analysts and company officials have given this information. “Management is looking at both retail and O2C (…) businesses,” Bank of Baroda Capital analysts said in a post-result report on RIL on Tuesday.

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