The National Company Law Tribunal (NCLT) has allowed Reliance Industries to withdraw its proposal to demerge its oil-to-chemicals (O2C) business, which effectively rings down the curtain on a two-year...
Reliance and Saudi Aramco are forking out in separate directions within weeks of scrapping their proposed mega deal in Reliance’s oil-to-chemicals (O2C) business.
Reliance on Tuesday said it wo...
The decision of Reliance Industries Ltd (RIL) and Saudi Aramco to re-evaluate their proposed $15billion deal may turn out to be a near-term negative for the RIL stock as it does away with a key trigge...
Reliance Industries and Aramco have scrapped their agreement under which the Saudi oil giant was supposed to pick up a 20 per cent stake in the oil-to-chemical business – a deal that the two sid...
Reliance Industries silenced its doubters to post a 43 per cent jump in net profit to Rs 13,680 crore in the second quarter of the fiscal against Rs 9,567 crore a year ago, much ahead of analyst estim...
Reliance Industries Ltd (RIL) on Wednesday defended its move to appoint Saudi Aramco chairman Yasir al-Rumayyan on its board as an independent director, saying that the proposal is not linked to the l...
Saudi Aramco is in advanced talks to acquire a roughly 20 per cent stake in Reliance Industries’ oil refining and chemicals business for about $20 billion to $25 billion in Aramco’s shares...
Reliance Industries (RIL) on Friday reported a net profit of Rs 13,806 crore for the first quarter ended June 30 — a sequential fall of 7.92 per cent as its businesses felt the impact of the sec...
The much awaited deal between Reliance Industries (RIL) and Saudi Aramco is set to be concluded this year after a delay of more than 14 months.
As a precursor to the proposed transaction, first annou...
Reliance Industries (RIL) has kept its hopes alive to induct a strategic partner in its oils-to-chemicals (O2C) business with chief Mukesh Ambani stating in the company’s annual report that a pr...