BusinessBiggest Foreign Investment In Reliance History: Mukesh Ambani On New Deal
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Biggest Foreign Investment In Reliance History: Mukesh Ambani On New Deal
RIL will sell a 20% stake in its petrochemical business to Saudi Aramco
Saudi Aramco will supply 500,000 barrels a day of crude oil to RIL
Saudi Aramco is the world's biggest oil producer
"(This is) the biggest foreign investment in the history of Reliance," Mr Ambani said.
Reliance Industries Ltd is set to sell a 20 per cent stake in its oil to chemicals business to Saudi Aramco in one of the largest foreign investments in the country, Reliance Chairman Mukesh Ambani said on Monday.