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RIL slips nearly 3% as govt seeks to block $15 bn Saudi Aramco deal

In a counter affidavit, it said it was a 'falsehood' that the arbitration tribunal had passed an award requiring the company and its partners to pay $3.5 billion to the government

Topics
RIL | Reliance Industries RIL | Saudi Aramco

SI Reporter  |  New Delhi 

Reliance, RIL,

Shares of Reliance Industries (RIL) declined as much as 2.77 per cent in the early trade on the BSE on Monday after the government filed petition in the Delhi High Court (HC) seeking to block its $15 billion deal with Saudi Aramco, in view of dues of $3.5 billion in the Panna-Mukta and Tapti (PMT) oil and gas fields.

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First Published: Mon, December 23 2019. 10:01 IST
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