BP to buy 30% in RIL oil & gas blocks ----news. What will it mean to RIL?
Moreso this announcement has come at a time when foreign investors might be thinking many things and may be repelled by corruption scandals and perceived policy drift in the country, as well as the uncertainty over government approval for the $9.6-billion Cairn-Vedanta deal. RIL should feel proud about this achievement.
RIL Chairman & Managing Director Mukesh Ambani and BP Group Chief Executive Robert Dudley on Monday signed the relationship framework and transactional agreements in London.This is the single largest FDI in the history of India, Ambani told reporters in London hoping the worlds best fin ...more