{"id":287258,"date":"2019-08-13T07:16:21","date_gmt":"2019-08-13T07:16:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=287258"},"modified":"2019-08-13T07:16:21","modified_gmt":"2019-08-13T07:16:21","slug":"ril-aramco-deal-a-win-win-for-reliance-industries","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-aramco-deal-a-win-win-for-reliance-industries\/","title":{"rendered":"RIL-Aramco deal: A win-win for Reliance Industries"},"content":{"rendered":"<p>Balance-sheet deleveraging, strengthening crude oil supplies, and reduced dependence on the hydrocarbon business bode well for RIL.<br \/>\nBL Research Bureau<\/p>\n<p>Reliance Industries (RIL) decision to sell a 20 per cent stake in its refining and petrochemicals business to Saudi Aramco at an enterprise value of $75 billion has many positives for the Indian behemoth.<\/p>\n<p>One, it could help the company pare its debt, that has risen significantly in recent years. The deal should fetch RIL about $15 billion; this should help the company deleverage significantly and also aid in its expansion plans across businesses. A recent Credit Suisse report had raised some concerns about RIL\u2019s debt levels. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Balance-sheet deleveraging, strengthening crude oil supplies, and reduced dependence on the hydrocarbon business bode well for RIL. BL Research Bureau Reliance Industries (RIL) decision to sell a 20 per cent stake in its refining and petrochemicals business to Saudi Aramco at an enterprise value of $75 billion has many positives for the Indian behemoth. One, it could help the company pare its debt, that has risen significantly in recent years. The deal should fetch RIL about $15 billion; this should help the company deleverage significantly and also aid in its expansion plans across businesses. A recent Credit Suisse report had [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-287258","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=287258"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/287258\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=287258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=287258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=287258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}