Even as the buzz around $16 billion deal between billionaire Mukesh Ambani-led Reliance Industries and world’s largest oil producer Saudi Armaco gets louder, RIL said that it will not comment on media speculation and rumours. Responding to a query by Financial Express Online, Reliance Industries said, “As a policy, we do not comment on media speculation and rumours. Our company evaluates various opportunities on an ongoing basis.” RIL added that it has made and will continue to make necessary disclosures in compliance with obligations under Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 and its agreements with the stock exchanges.
