The government has taken the unusual step of asking a court to restrain a $15 billion deal in which the world’s most profitable company and top oil exporter Saudi Aramco would acquire a stake in India’s biggest conglomerate Reliance IndustriesNSE -0.99 % Ltd, controlled by India’s biggest billionaire Mukesh Ambani. ET looks at the issues involved.
The Dispute
Govt has a dispute with Panna, Mukta and Tapti oilfield contractors Shell and RIL (which holds 30%)
