Mukesh Ambani gets ready to alchemise Reliance Industries into a tech giant

Analysts say Ambani offered an opportunity to many global tech companies who were hesitant about negotiating the myriad regulatory challenges in India

Surajeet Das Gupta | New Delhi
Last Updated at January 5, 2021 06:10 IST

The deal with Aramco may be closed next year. If it is, it will bring in $15 billion for a 20 per cent stake

On a warm April day, while the world was immobilised into inactivity by the lockdown, a group of top Reliance executives were putting in longer hours than ever before. They were locked in intense negotiations in an ultra-secure call with potential Facebook and PE funds to persuade them to take a big bet on the group.

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