Mukesh Ambani told shareholders that RIL is expected to sell 20 per cent stake in its oil-to-chemical unit to Saudi Aramco
The "extremely affordable" smartphone will have cutting-edge features, including voice assistant and language translation, among others, he said.
Besides, the report pointed out that sustained strong petrochemical performance has improved the likelihood of O2C stake sale in FY22.
India's crude oil production, however, slipped 2 per cent to 2.49 million tonnes as state-owned ONGC and Oil India Ltd (OIL) produced less.
Accordingly, RIL and bp have been developing three deep-water gas developments in block KG D6 - 'R Cluster, Satellite Cluster and MJ' - which together are expected to produce around 30 mmscmd.
To spin-off oil refining, fuel marketing and petrochemical business into an independent unit with a $25 bn loan from the parent
While giving the approval, the SEBI listed a number of conditions in accordance with the Composite Scheme of Arrangement.
RIL and BP are developing three deepwater gas projects in block KG D6 Â– R Cluster, Satellites Cluster and MJ Â– which together are expected to meet 15 per cent of India's gas demand by 2023
Hearing of the arbitration took place at the Singapore International Arbitration Centre after Amazon had slapped a legal notice on Future Group, alleging that the retailer's Rs 24,713 cr asset sale to RIL violated an agreement
. Earlier, on September 23, RIL had announced that KKR will make the investment in its subsidiary Reliance Retail Ventures Ltd (RRVL) to buy 1.28 per cent equity stake
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