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RELIANCE ARAMCO DEAL
India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- Reliance, Aramco call off $15 billion deal amid valuation differences: SourcesReliance will now focus on signing multiple deals with companies to produce specialty chemicals for higher margins, one of the sources said.
- Aramco eyes new investments in India after Reliance scraps $15 bn deal“India offers tremendous growth opportunities over the long term,” Aramco said in a statement on Sunday. It will “continue to evaluate new ...
- 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.
- 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 chairman Yasir Al-Rumayyan joins Reliance Industries Board"This is the first step to making Reliance international," Ambani said, announcing Al-Rumayyan's induction on the RIL board during the cong...
- 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...
- 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...
- Reliance, Saudi Aramco discuss cash and share stake deal: ReportAmbani had in August 2019 announced talks for the sale of a 20 per cent stake in the oil-to-chemicals (O2C) business, which comprises its t...
- Credit Suisse says Aramco may revive RIL deal if oil prices continue to riseMukesh Ambani had announced to shareholders that the company had entered into a non-binding memorandum of understanding with the West Asian...
- 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...
- Saudi Aramco still aims for $15 billion investment in India’s RelianceA deal with Reliance would help the world’s biggest crude exporter join the ranks of the top oil refiners and chemical makers. State-owned ...
- Aramco seeks 20% cut in Reliance's O2C business valuation; deal hits roadblockAramco felt the business would need substantial investment to convert oil to valuable chemicals and not produce substantial quantities of p...
- Aramco deal could provide significant financial muscle to RIL: HSBCThe brokerage said it sees enough reasons for Aramco to acquire stake in RIL.
- Reliance, Aramco accelerate refinery stake sale talksReliance is keen to sign a binding agreement before the next annual shareholders meeting.
- Saudi Aramco interested in buying government's stake in BPCLThe Indian government is looking at selling its 53.29 per cent stake in BPCL to a strategic investor.
- Reliance upmove not only because of tax cut: Sushil ChokseyIf the India story shows better growth prospects, it is visible in Reliance also.
- Reliance-Aramco talks on refinery stake sale said to stallShares of Reliance erased earlier gains and fell as much as 1.6 per cent in Mumbai.
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