India’s Reliance ditches $15 billion Saudi Aramco deal
MUMBAI: India’s oil-to-telecoms giant Reliance is abandoning a $15 billion deal for Saudi Aramco to buy a 20 per cent stake in its oil refining and chemicals unit, it said, as the firm pivots towards renewable energy. The deal was announced more than two years ago by Reliance chairman Mukesh Ambani, Asia’s richest man, and … Read more