{"id":451017,"date":"2021-11-22T11:34:17","date_gmt":"2021-11-22T06:04:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451017"},"modified":"2021-11-22T11:34:17","modified_gmt":"2021-11-22T06:04:17","slug":"ril-sheds-4-as-stake-sale-to-saudi-aramco-undergoes-re-evaluation","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-sheds-4-as-stake-sale-to-saudi-aramco-undergoes-re-evaluation\/","title":{"rendered":"RIL sheds 4% as stake sale to Saudi Aramco undergoes re-evaluation"},"content":{"rendered":"<p>NEW DELHI: Shares of Reliance NSE -3.50 % Industries dropped as much as 4 per cent in early trade on Monday as Mukesh Ambani-led company scrapped a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco.<\/p>\n<p>Reliance\u2019s scrip touched a low of Rs 2368.20 on the BSE as against Rs 2472.75 at previous close.<\/p>\n<p>The decision came after Reliance missed two self-imposed deadlines to settle the transaction, in which the asking price from the Saudi state-owned giant was $15 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Shares of Reliance NSE -3.50 % Industries dropped as much as 4 per cent in early trade on Monday as Mukesh Ambani-led company scrapped a proposed deal to sell a 20 per cent stake in its oil refinery and petrochemical business to Saudi Aramco. Reliance\u2019s scrip touched a low of Rs 2368.20 on the BSE as against Rs 2472.75 at previous close. The decision came after Reliance missed two self-imposed deadlines to settle the transaction, in which the asking price from the Saudi state-owned giant was $15 billion.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-451017","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451017","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=451017"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451017\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}