Russian Deals Put Reliance Oil Core in Focus at Annual Jamboree

Reliance Industries Ltd.’s annual investor gatherings have long been a red-letter day in the Indian financial calendar, with shareholders anticipating ambitious targets, bold statements and a rare sighting of a billionaire lauded for his business acumen.

This year, though, attention is likely to be as much on the present as the future.

Shareholders will certainly be looking out for details on the much-anticipated listings of Reliance’s telecom and retail operations, plus the prospect for outside investment into an emerging clean energy business. But the get-together takes place two days after the US doubled tariffs on India as punishment for ...