Saudi Aramco is said to be in ‘serious discussions’ to acquire the stake, with a possible agreement on valuation by early as June
Mukesh Ambani
Amin Nasser
Saudi Aramco in talks to acquire 25% stake in India’s Reliance refining businesses
Reliance Industries sale could fetch between $10 and $15 billion, according to media reports
Anil Ambani
Video: Is Indian tycoon Anil Ambani out of trouble?
Indian tycoon Anil Ambani has settled a multi-million debt with Sweden’s Ericsson, the company said Monday, after judges threatened the billionaire with jail if he did not pay his dues.
Anil Ambani
Indian billionaire Anil Ambani pays debt after court threatened jail
The Ambani brothers engaged in a bitter feud for control of Reliance Industries after their rags-to-riches father Dhirubhai Ambani died in 2002 without a will
Akash Ambani
In pictures: Celebrity guests attend Akash Ambani and Shloka Mehta’s wedding
Celebrities, politicians and sports stars descended on Mumbai to celebrate the wedding of the son of Asia’s richest man.
Akash Ambani
Saudi oil minister attends wedding of the son of Asia’s richest man
Saudi Oil Minister Khalid al-Falih is making his second visit to India in less than three weeks to attend the wedding
Anil Ambani
Reliance Communications asks court to release funds for Ericsson
Move by Reliance Communications comes a day after India’s top court it to pay $63.6m to Swedish telecom equipment firm
Indian economy
Indian giant Reliance posts record quarterly net profit of $1.3bn
Reliance Industries announces 17% increase in net profit compared to Q3 2017