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 ...
23 Nov, 2021, 09.44 AM IST
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.
22 Nov, 2021, 12.46 PM IST
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,...
16 Aug, 2021, 02.13 PM IST
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...
24 Jun, 2021, 07.27 PM IST
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...
24 Jun, 2021, 04.04 PM IST
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...
29 Apr, 2021, 09.14 AM IST
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...
28 Apr, 2021, 08.38 PM IST
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...
06 Jan, 2021, 09.34 AM IST
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.
09 Nov, 2020, 12.40 PM IST
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...
11 Aug, 2020, 07.20 AM IST
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 ...
10 Aug, 2020, 10.00 AM IST
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...
16 Jul, 2020, 06.28 PM IST
Aramco deal could provide significant financial muscle to RIL: HSBCThe brokerage said it sees enough reasons for Aramco to acquire stake in RIL.
13 May, 2020, 03.20 PM IST
Reliance, Aramco accelerate refinery stake sale talksReliance is keen to sign a binding agreement before the next annual shareholders meeting.
19 Feb, 2020, 09.27 AM IST
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.
15 Oct, 2019, 02.42 PM IST
Reliance upmove not only because of tax cut: Sushil ChokseyIf the India story shows better growth prospects, it is visible in Reliance also.
24 Sep, 2019, 04.08 PM IST
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.
23 Jul, 2019, 06.56 PM IST