HW English
Business Headlines

Business Headlines: Why Ambani’s deal with Aramco failed?

Reliance Industries’ sale of a minority stake in its refinery business, to the world’s largest company, Saudi Aramco, has stalled. The deal hit a roadblock over valuation differences, and the fact that Aramco has cited concerns over RIL’s intention to transfer some of its debt to the refinery business ahead of the transaction. Viral Acharya, ex-deputy governor of the Reserve Bank, who resigned and ended his stint a few months earlier, had a final, hard hitting message for his colleagues and those in the government. #MukeshAmbani #RelianceIndustries #RIL

Related posts

Business Headlines l Buying a new home set to get cheaper?

Ali Azar

Business Headlines : Reserve Bank Cuts Interest Rates

Ali Azar

Business Headlines: What do the Chinese want from a bankrupt RCom?

Ali Azar