Tag: Reliance

Saudi Aramco chairman to join Reliance board

Mumbai, Jun 24:  Saudi Aramco chairman and head of the Kingdom’s cash-rich wealth fund PIF Yasir Othman Al-Rumayyan will join the board of Reliance Industries Ltd as an independent director in a precursor to a USD 15 billion deal. Reliance Chairman and Asia’s richest man Mukesh Ambani, who […]

India’s Reliance says not breaching U.S. sanctions against Venezuela

NEW DELHI – India’s Reliance Industries, operator of the world’s largest oil refining complex, on Friday said in a statement it was not breaching U.S. sanctions against Venezuela. The company said its recent fuel exports to Venezuela were agreed to before Washington imposed sanctions in January, and that […]

Dassault says it picked Reliance of its own will for Rafale contract

NEW DELHI/PARIS – Dassault Aviation said it picked India’s Reliance Defence as a partner for a big military combat deal on its own, countering a French online media report that said the Indian government insisted on the firm as a condition of the contract. Indian Prime Minister Narendra […]

We did not have a choice, says ex-French President Hollande on Reliance getting Rafale offsets

open view web desk New Delhi [India], Sept 21: Adding fuel to the ongoing Rafale controversy, former French President François Hollande in an interview to a media house said that Dassault Aviation was given no choice but to partner with Anil Ambani-led Reliance Defence for the offset clause in the Rafale fighter jet deal. […]

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