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User_gary Posted 16 years ago
Vocabulary

Shell company

Chalsani stated that RNRL will not become a shell company. He said the gas price will not impact the business model on RNRL. "RNRL is not going to trade the gas. So, the gas price does not impact the business model of RNRL. If any, its business model has strengthened post the case."

Please explain to me what "shell company" means here.

Source : http://www.moneycontrol.com/news/business/rnrl-will-not-becomeshell-company-rel-power_456667.html
  

Top answer

org/wiki/Shell_corporation

  • org/wiki/Shell_corporation
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