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| Name | India's biggest FDI deal: Saudi Aramco to buy stake in RIL for $75 bn |
| Video Uploader | Video From editorji |
| Upload Date | This Video Uploaded At 12-08-2019 09:55:48 |
| Video Discription | Reliance Industries Chairman Mukesh Ambani has announced that Saudi Aramco will buy a 20% stake in Reliance's oil-to-chemical business. The deal will reportedly be worth $75 billion or over ₹5.3 lakh crore and Saudi Arabia-owned oil firm will supply 5 lakh barrels of oil per day to Jamnagar refinery. Ambani during his speech at the 42nd Annual General Meeting said that his oil-to-chemical business collected ₹5.7 lakh crore in revenues and its exports have grown to 2.2 lakh crore. He further said that the deal is subjected to regulatory approvals and due diligence and will include 51% stake in RIL-BP joint venture. For more videos, subscribe to our channel: https://www.youtube.com/channel/UCyri-PL3l4Dn9IooWXQAqfA Check out the editorji Website for more news: https://www.editorji.com/ To Stay Updated, Download the editorji App: Google Play Store:https://play.google.com/store/apps/details?id=com.app.editorji Apple App Store: https://itunes.apple.com/in/app/editorji-best-video-news/id1385353252?mt=8 Follow editorji here: Facebook: https://www.facebook.com/editorjitech/ Twitter: https://twitter.com/editorji Instagram: https://www.instagram.com/editor_ji/?hl=en -------------------------------------------------------------------------------------------- |
| Category | News & Politics |
| Tags | editorji | editorji app | vikram chandra | unbiased news | latest news | trending | media | daily news | news on app | Reliance-Jio | Mukesh Ambani | Reliance | Jio Fiber service | internet service | Reliance group | Akash Ambani | RIL | indian markets | communication sector | Saudi Aramco | FDI deal | Reliance AGM | Reliance Annual General meeting |
