Saudi Aramco to invest $75 billion in Reliance’s oil to chemicals business: Ambani
Addressing the 42nd Annual General Meeting of the RIL, Ambani said that Aramco would supply 500,000 barrels per day of crude oil to Reliance refineries. He termed it as the India’s largest foreign direct investment deal.:
India’s Reliance Industries Ltd is set to sell a 20% stake in its oil to chemicals business to Saudi Aramco in one of the largest ever foreign investments in the country, Reliance Chairman Mukesh Ambani said on Monday.
“(This is) the biggest foreign investme...
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