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RIL ARAMCO DEAL
Aramco deal 're-evaluation' erases $9b in RIL market cap. What analysts saidCredit Suisse, which has a neutral rating on RIL, said closure of the deal was a key catalyst for RIL.
RIL says Aramco chairman’s induction to board in line with law, regulationsThe California State Teachers' Retirement System (CalSTRS), a shareholder of Reliance, had last week decided to vote against the induction ...
Saudi Aramco is in advanced talks on up to $25 billion Reliance dealA representative for Reliance said the company does not have anything to add beyond Ambani’s comments at the shareholders’ meeting in June,...
Saudi Aramco chief Yasir Al-Rumayyan joins Reliance Board, deal with Saudi giant could happen this yearAmbani had in August 2019 announced the commencement of talks for selling a 20% stake in RIL's O2C business to Aramco, the biggest oil expo...
A possible Saudi Aramco appointment on Reliance board triggers buzz over $15 billion dealBillionaire Mukesh Ambani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, wh...
Aramco mulls cash, share-swap deal for stake in RIL’s energy ops: ReportThe Kingdom was weighing paying for the deal with Saudi Aramco’s shares at first and then staggered cash payments over several years, the r...
Saudi Aramco-Reliance deal talks regain momentum, send RIL stock risingSources told ET NOW that the deal is expected to be at similar valuations and could be adjusted for debt.
Aramco CEO says still working on RIL dealIn August last year, Reliance announced that Saudi Aramco had agreed to buy a stake in its oil and petrochemicals unit for about $15 billio...
‘Aramco deal has not progressed as planned’While Ambani didn’t give any new timeline for the completion of the deal with Saudi Aramco, the chairman said RIL has been “approached by g...
Planned stake sale to Saudi Aramco not progressed as per timelines, says Mukesh Ambani"We value our two-decade relationship with Aramco and are committed to a long-term partnership," Ambani said at Reliance Industries' annual...
Significant advantages exist in Reliance-Aramco deal: ReportAramco deal will allow Reliance to build financial muscle as it carves out space in omnichannel retail.
Aramco deal could provide significant financial muscle to RIL: HSBCThe brokerage said it sees enough reasons for Aramco to acquire stake in RIL.
Aramco bought extra gasoline from Reliance Industries after drone attackAramco’s two major units that process primarily light crude were attacked by drones on September 14.
Most brokerages go gung ho on RIL stock; but some are cautiousMorgan Stanley said it is time to take a relook on the counter.
RIL to hive off oil-to-chemicals business into separate company in five years: RIL's PMS PrasadWith Saudi Aramco coming on board, a separate division catering to the O2C business will be carved out, said RIL's PMS Prasad.
RIL to sell 20% in oil-to-chemicals unit to Aramco at $75-B enterprise valueTectonic shift group junks go-it-alone strategy, plans to forge partnerships with global giants for major businesses among india’s largest ...
D-St cheers RIL announcements, expects stock to see a bump-upThis is arguably India's largest-ever FDI inflow, said Ajay Bodke, Prabhudas Lilladher.
RIL: Aramco deal more to secure crude supply than deleveragingThe deal, which is expected to be completed during this fiscal, is not driven by the company's move to deleverage debt of over Rs 1.54 tril...
Reliance Industries silent on stake sale talks with Saudi Aramco reportsA minority stake sale in RIL could fetch around $10-15 billion, valuing RIL’s refining and petrochemicals businesses at around $55-60 billi...
Saudi Aramco in talks for 25 per cent of Reliance's refining, petrochemical units: ReportAramco is in discussions to acquire up to 25% in the refining and petrochemicals businesses of RIL.