{"id":311058,"date":"2020-01-18T12:27:20","date_gmt":"2020-01-18T06:57:20","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=311058"},"modified":"2020-01-18T12:38:05","modified_gmt":"2020-01-18T07:08:05","slug":"reliance-ind-saudi-aramco-deal-may-miss-march-31-closure-date","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-ind-saudi-aramco-deal-may-miss-march-31-closure-date\/","title":{"rendered":"Reliance Ind-Saudi Aramco deal may miss March 31 closure date"},"content":{"rendered":"<p>Reliance Industries Ltd said on Friday its plan to close the deal to sell a 20 per cent stake in its oil to chemicals business for $15 billion to Saudi Aramco will miss the March 31 timeline announced earlier.<\/p>\n<p>The deal was announced in August 2019.<\/p>\n<p>\u201cIt will not be a deal which will get done by March,\u201d RIL\u2019s joint chief financial officer V Srikanth told media on Friday.<\/p>\n<p>\u201cThe deal is making very good progress, but it\u2019s a large transaction\/large cross-border deal which is complex. I cannot comment on the timeline,\u201d he said.<\/p>\n<p>\u201cDefinitive agreements are something we are trying to do,\u201d he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd said on Friday its plan to close the deal to sell a 20 per cent stake in its oil to chemicals business for $15 billion to Saudi Aramco will miss the March 31 timeline announced earlier. The deal was announced in August 2019. \u201cIt will not be a deal which will get done by March,\u201d RIL\u2019s joint chief financial officer V Srikanth told media on Friday. \u201cThe deal is making very good progress, but it\u2019s a large transaction\/large cross-border deal which is complex. I cannot comment on the timeline,\u201d he said. \u201cDefinitive agreements are something we are [&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-311058","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311058","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=311058"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/311058\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=311058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=311058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=311058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}