Page 12 - Saudi Aramco

It's time for RIL 3.0: Made-in-India 5G network, affordable smartphones

Delay in striking a deal with Saudi Aramco disappoints investors

A look at the major announcements made at RIL's 43rd AGM

With the fund raising now achieved, Reliance Industries has become a debt-free company

Saudi Aramco deal hasn't progressed as per original timeline: Mukesh Ambani

At RIL's last AGM in August 2019, Ambani announced plan to sell a stake in company's O2C business to Aramco. On August 12, it said it has signed LoI with Aramco for 20% stake sale

RIL ends 4% lower post 43rd AGM; market-cap erodes by Rs 45,000 crore

The stock of Mukesh Ambani-controlled RIL had hit a record high of Rs 1,978.50, up 3 per cent in early morning trade

Apple market capitalisation closes in on Saudi Aramco's as No. 1 in world

Apple gained as much as 4.2% on Monday for a market capitalization above $1.70 trillion, trailing Saudi Aramco at about $1.78 trillion based on current exchange rates.

Mukesh Ambani pushes for clean, affordable energy; tech to decarbonise

"It's not only imperative for us to be net carbon zero but I think that we should opt to recycle carbon," Ambani said.

Working to complete contours of Saudi Aramco deal, says Mukesh Ambani

The deal was to be concluded by March 2020 but has been delayed.

How govt's late afterthoughts and claims have haunted oil and gas sector

Problems in production-sharing agreements with the government have haunted private oil and gas companies for years

Rights issue, Aramco deal could make RIL debt-free 3 months before target

Reliance also received Rs 7,000 crore by selling 49 per cent stake in its petro retail business to BP

Made in India, for and by Indians, says Reliance Industries on rights issue

In a corporate presentation titled 'New Reliance for a New India', released on Friday, RIL termed itself as the best proxy for India's consumption-driven and tech-propelled growth story.

Saudi Aramco plans $75-billion dividend even as profit plunges 25%

Saudi Aramco, the world's most valuable listed company, will pay a dividend of $18.75 billion for the first three months of 2020.

Aramco may cut govt payout as drop in oil prices hits first-quarter profits

Saudi Arabian Oil Co., as the company is formally known, pledged an annual dividend of $75 billion for the first five years to attract investors to its initial public offering in December last year

RIL repositioning as consumer, tech co may push up stock price: J P Morgan

J P Morgan said that the core energy business could be staring at multi-year slump

RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%

It is trading at nearly 28 times its trailing earnings per share against Sensex's 19.4

India offers land twice Luxembourg's size to companies leaving China

Land has been one of the biggest impediments for companies looking to invest in India, with the plans of Saudi Aramco to Posco frustrated by delays in acquisition

Reliance Industries confident of hitting zero net debt target by December

Focus shifts from Aramco to Jio Platforms deal to achieve the goal ahead of the March 2021 deadline

Target zero net debt? RIL board to consider rights issue on April 30

Results, dividend, issue of shares to existing shareholders on Thursday meeting's agenda

After Facebook, what other deals are in the offing for Mukesh Ambani' RIL?

Mukesh Ambani, in August 2019, had said he wanted to make RIL a zero-debt company in 18 months by selling stakes in several businesses and unlocking value in some others

Aramco offers struggling refiners option to defer crude payments: Report

Oil plants are struggling with shrinking demand as coronavirus pandemic shuts off economies.

Saudi Aramco plans to sell pipeline stake amid a slump in crude prices

Aramco may need to raise cash this year as it confronts a historic rout in oil prices and a burgeoning list of spending obligations.