Posts Tagged: Gujarat

Reliance Industries to sell 20% stake in O2C unit to Saudi Aramco for $15bn

Saudi Aramco and Reliance Industries (RIL) have signed a non-binding letter of intent (LOI) for a proposed investment by the former for a 20% stake in the Indian conglomerate’s Oil to Chemicals (O2C) division in a deal worth $15bn. The deal is considered to be one of the largest foreign direct investments in India. The […]

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