Reliance-Saudi Aramco deal: A game changer for India’s energy security
Updated: 12 Aug 2019, 05:45 PM IST
Reliance Industries chairman and managing director... moreReliance Industries chairman and managing director Mukesh Ambani announced a deal with Saudi Aramco on Monday, terming it India's largest foreign direct investment till date. Saudi Aramco will acquire a 20% stake in RIL's oil-to-chemicals (OTC) or refining and petrochemicals business at an enterprise value of $75 billion. Watch the video to find out why the deal is a game changer for RIL, Saudi Aramco and India's energy security
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