Reliance’s Exit from Petroleum Retailing
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Details
Case Code:
CLBS101
Case Length:
3
Period:
Pub Date:
2009
Teaching Note:
NO
Price (Rs):
200
Organization:
Reliance Industries Limited
Industry:
Energy
Country:
India
Themes:
Corporate Strategy
Abstract
In May 2008, Reliance Industries Limited (RIL), one of the largest private sector companies in India, announced that it was shutting down all its petroleum retail outlets in India after incurring losses. The move took not only the dealers and the industry by surprise but also the Indian government.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- 0
Keywords
Exit, retail, petroleum, Reliance Industries Limited, retail outlet, crude oil, subsidies, Public Sector Units, oil marketing companies, private oil companies, crude oil price