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3 mins read
Reliance Industries’ investors dump shares after Mukesh Ambani's Aramco deal fails after 27 months of negotiations
Meanwhile, shares of RIL have doubled between the announcement of the deal and its recent peak…
2 mins read
Reliance's $15 billion deal with Saudi Aramco has been called off
Consequently, the current application with the NCLT (National Company Law Tribunal) for segregat…
3 mins read
Significant advantages exist in Reliance-Aramco deal: Report
"We still see enough reasons for Aramco to acquire a stake (in RIL's O2C business). With a stake, …
PTI
3 mins read
HSBC, Citi, and other banking giants involved in the Saudi Aramco IPO say they're serious about sustainability. Here's how their investments in fossil fuels and clean energy stack up.
"This IPO is likely to be by far the biggest single infusion of capital into the fossil fuel indust…
Benji Jones,Benji Jones
2 mins read
Saudi Aramco raised $26 billion in its record-shattering IPO - but banks will get paid an abnormally small 0.25% of that
The top foreign banks - a total of 16 worked with the oil company -will get a lesser sum of 13 mill…
Carmen Reinicke
2 mins read
Saudi Aramco's stock just recovered to its level before the oil price war
The state-led Saudi Aramco is the first major oil producer to have its stock price recover from the…
Carmen Reinicke
2 mins read
Mukesh Ambani might net billions by selling a stake in his refinery business to the ‘world’s most profitable company’
Markets responded positively to the news, with Reliance's share price up by more than 2% at t…
2 mins read
Saudi Aramco has struck a $15 billion deal with Asia's richest man for a stake in the world's biggest refinery
The Saudi Arabian oil titan has been investing heavily in refineries as it looks to double its dail…
Yusuf Khan
3 mins read
The attack on Saudi oil supplies threatens what could be the world's biggest IPO. Here's what we know about Saudi Aramco.
Aramco is practically printing money as according to Moody's it got more than $111 billion in profi…
Yusuf Khan
2 mins read
RIL-Saudi Aramco deal unlikely to close by March-end, says CFO
Mumbai, Jan 17 () Mukesh Ambani-led Reliance Industries is unlikely to close the deal for 20 per ce…
PTI
2 mins read
Working to complete contours of Saudi Aramco deal: Mukesh Ambani
Richest Indian Mukesh Ambani in August last year announced talks for sale of 20 per cent stake in …
PTI
3 mins read
Aramco: Here's everything you need to know about the world's most profitable company's debut bond
It's part of a transparency push on behalf of Saudi Arabia as part of a will-they-won't-they over t…
Callum Burroughs,Callum Burro…
2 mins read
Deal with Saudi Aramco not progressed as per timelines: Ambani
With a stake, Aramco would not just have a share in one of the world's best refineries and the larg…
PTI
2 mins read
Reliance could soon be ready with the IPOs of Jio and its retail business
"Following the rights issues and 24.7 per cent sell down in Jio, RIL is now effectively debt fr…
PTI
2 mins read
Saudi Aramco stuns with $100 billion demand for debut global bond
It's the first major opportunity for investors to scrutinize the offering of one of the world's lar…