{"id":451185,"date":"2021-11-23T08:46:00","date_gmt":"2021-11-23T03:16:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451185"},"modified":"2021-11-23T09:35:53","modified_gmt":"2021-11-23T04:05:53","slug":"reliance-industries-slips-4-on-calling-off-saudi-aramco-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-slips-4-on-calling-off-saudi-aramco-deal\/","title":{"rendered":"Reliance Industries slips 4% on calling-off Saudi Aramco deal"},"content":{"rendered":"<p>Shares of Reliance Industries were down 4 per cent at Rs 2,368.20 on the BSE in Monday\u2019s intra-day trade after the company called-off the deal with global oil giant Saudi Aramco for a 20 per cent stake acquisition by the Saudi firm in the oil to chemicals (O2C) business of the former company.<\/p>\n<p>With today\u2019s intra-day fall, the stock of RIL has declined 14 per cent from its record high level of Rs 2,750 touched on October 19, 2021. At 09:54 am; it was trading 3 per cent lower, as compared to 0.56 per cent decline in the S&amp;P BSE Sensex. <\/p>\n<p>RIL and Saudi Aramco signed a non-binding Letter of Intent in August 2019 for a potential 20 per cent stake acquisition by Saudi Aramco in the O2C Business of Reliance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Reliance Industries were down 4 per cent at Rs 2,368.20 on the BSE in Monday\u2019s intra-day trade after the company called-off the deal with global oil giant Saudi Aramco for a 20 per cent stake acquisition by the Saudi firm in the oil to chemicals (O2C) business of the former company. With today\u2019s intra-day fall, the stock of RIL has declined 14 per cent from its record high level of Rs 2,750 touched on October 19, 2021. At 09:54 am; it was trading 3 per cent lower, as compared to 0.56 per cent decline in the S&amp;P BSE [&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":[135,130,169],"tags":[],"class_list":["post-451185","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451185","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=451185"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451185\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}