Reliance will be boom💥
RIL had entered into a long-term partnership with Saudi Arabia's national petroleum company Saudi Aramco. Under the deal, Aramco would buy a 20 percent stake in RIL's oil-to-chemicals division at an enterprise value of $75 billion.
Reliance Industries will be a net zero-debt company within the next 18 months, Chairman Mukesh Ambani said at the company's 42nd Annual General Meeting in Mumbai on August 12.