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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…
2 mins read
Reliance-Saudi Aramco $15 billion deal is going through due diligence before final decision
Amin Nasser, CEO, Saudi Arabian Oil Company commented on the status of the potential transaction…
1 min read
Mukesh Ambani’s Reliance hives off O2C business ahead of Aramco deal
Mukesh Ambani-owned Reliance Industries Limited, India's most valuable company, announced the demer…
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
3 mins read
Crude oil crash might affect RIL-Aramco deal, BPCL divestment and much more
“The oil price crash has brought the major oil companies on its knees, the way in which we were …
4 mins read
Reliance Industries’ AGM — Mukesh Ambani officially announces Saudi Aramco as strategic partner
Mukesh Ambani-led Reliance Industries officially announced the strategic deal with Saudi Aramco, at…
6 mins read
Mukesh Ambani's speech at the Reliance Industries AGM had ten big takeaways
All eyes were on Mukesh Ambani today (August 12) who delivered his speech at Reliance Industries' 4…
4 mins read
Mukesh Ambani loses over $2 billion and drops down four places in the billionaires list — that’s how important the RIL-Aramco deal is
Ambani with a total wealth of $69 billion, has fallen behind Warren Buffet, Larry Page, Elon Mus…
3 mins read
Mukesh Ambani says he will make batteries ahead of a boom in electric vehicles
The possibility of a stake sale to Saudi Arabia’s Aramco is only one part of the story behind Relia…
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
4 mins read
Reliance to hive off $75 billion oil-to-chemicals business into separate unit for sale to Aramco
O2C undertaking of the company comprises entire oil-to-chemicals business of the company co…
PTI
3 mins read
S&P rating agency affirms BBB+ rating of RIL on resilient operations
Rating agency firm Standard and Poors (S&P) on Tuesday affirmed its BBB+ long-term corporate credit…
1 min read
Reliance Industries will have $20 billion more by end of FY21, predicts UBS research
Reliance Industries' (RIL) efforts to deleverage largely remain underappreciated and the exercise c…
3 mins read
'Buy 2, Get 3', sharp correction in RIL is an opportunity to buy: Kotak Institutional Equities
"Buy 2, get 3" is the word from Kotak Institutional Equities as it reckons that the sharp correctio…
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
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
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
Here's why Facebook's Mark Zuckerberg is paying top dollar for a stake in Mukesh Ambani's Reliance Jio
This is because Facebook’s Mark Zuckerberg has paid a certain premium for a stake in Reliance Ji…
2 mins read
Facebook’s investment in Reliance Jio boosts RIL share value by ₹50,000 crore
At 9.07 am, RIL’s shares were trading at ₹1,320 which is 6.68% higher than the previous close. T…