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Elon Musk may be world's first trillionaire by 2027, Adani to touch the mark by 2028, Ambani in 2033: Report

The companies that will hit the trillion-dollar market cap mark include Taiwan's semiconductor make…

PTI   


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6 mins read

QR Code, colour-coded wristbands, standby medical teams secured the Ambani-Merchant wedding

The guest list includes former British Prime Ministers Tony Blair and Boris Johnson, Saudi Aramco C…

PTI   


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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…

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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…

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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…

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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…

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3 mins read

Even Saudi Aramco has a lot to gain from an investment from Gautam Adani

Now, the word has it that the Adani Group has jumped into the bandwagon and is now looking to buy a…

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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   


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BPCL shares plunge 5% as major energy companies including RIL, Saudi Aramco and BP skip the race for stake sale

Shares of BPCL on the BSE plunged 4.9 per cent to touch an intra-day low of Rs 392.35 per shar…

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Reliance to spin off its Oil-to-Chemicals business for new partnerships – Mukesh Ambani says Saudi Aramco deal is still in the works

Reliance chairman Mukesh Ambani said that Reliance will spin off its Oil-to-Chemicals business, mak…

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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…

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4 mins read

RIL could transform into a holding company says CreditSights

The telecom to retail conglomerate Reliance Industries could eventually transform into a holding co…

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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   


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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…

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'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…

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3 mins read

Mukesh Ambani aims to turn Reliance into zero net debt firm within 8 months

Billionaire Mukesh Ambani has accelerated the timeframe for wiping out ₹1.61 lakh crore of net de…

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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…

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2 mins read

Reliance gets $1.5 billion from Saudi for Jio even as the $15 billion Aramco deal waits in the wings

“We believe that the potential of the Indian digital economy is very exciting and that…