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| | Long Island Press: Long Island Newspaper, News, Entertainment, Real Estate, Classifieds, Automotive, Weddings, Business ... (Site not responding. Last check: ) |
 | | Reliance Industries said on Saturday it had authorized a committee to suggest a suitable scheme for the reorganization of the business. |
 | | In return, the group would get Reliance Energy shares at a minimum of 573 rupees each and Reliance Capital at 228 rupees each, prices approved by their respective boards. |
 | | As for Reliance Energy, it plans to set up a $11 billion coal-based, 12,000-megawatt power plant in the eastern state of Orissa and a 3,740-megawatt gas-based plant in Uttar Pradesh. |
| www.longislandpress.com /reuters/5_ds_98690.php?show=media (755 words) |
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