The private companies of Reliance Industries Chairman Mukesh Ambani saw a slowdown in growth in fiscal 2014, courtesy a slowing economy and fall in gas production.
Of Ambani's three main private operating companies, Reliance Gas & Transportation, the gas pipeline company, widened its loss to a record high of Rs 3,400 crore in fiscal 2014 from Rs 900 crore loss in FY2013, as gas production from RIL's Krishna Godavari basin fell over the years.