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...
Shareholders of Reliance Industries (RIL) backed the company’s proposal to appoint Saudi Aramco chairman Yasir al-Rumayyan as an independent director on its board.
The development comes a...
The first sign of shareholder revolt has been raised at Reliance Industries.
The California State Teachers Retirement Fund (CalSTRS) — one of the world’s largest institutional investors &...
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...
Saudi Arabian state oil producer Aramco has reported a near four-fold rise in second-quarter net profit on Sunday, beating expectations and boosted by higher oil prices and a recovery in oil demand.
...
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...
State-owned refiners on Thursday placed orders for regular supplies from Saudi Aramco for June, after reducing purchases this month, drawn by lower prices by the world’s top oil exporter, four s...
Reliance Industries is reportedly in talks with Aramco under which the Saudi oil behemoth could pick up a 20 per cent stake in the oil-to-chemicals business that the Mukesh Ambani-owned conglomerate p...
The government has extended the deadline to bid for its entire 52.98 per cent stake in BPCL to November 16 and this virtually rules out the chances of the budgeted divestment target of being met this ...