Prime Minister Narendra Modi, in his address to the nation on August 8, had urged companies to invest in Jammu & Kashmir and Ladakh region to increase employment opportunities for locals there.
Under the deal, Saudi Aramco will also supply 5,00,000 barrels per day of crude oil on a long-term basis to RIL's Jamnagar Refinery, Mukesh Ambani said.
The investment cycle of Reliance Jio is complete, and about Rs 3.5 lakh crore has been invested in the high-speed 4G network, Reliance Industries' Chairman and Managing Director Mukesh Ambani said.
Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries. The salary cap continued even as all other executive directors saw their remunerations go up.
Reliance Brands would acquire 100 per cent equity shares of 'Hamleys Global Holdings Limited (HGHL) for a cash consideration of GBP 67.96 million', RIL said.
The others featuring in the 2.17 minute-video are Kotak Mahindra Group chairman Uday Kotak and Krish Ramnani of Togglehead Private Ltd, and also some shopkeepers.
The discussions with Reliance first came to light in December, when Saudi Oil Minister Khalid al-Falih visited Reliance owner and richest Indian, Mukesh Ambani.
Anil Ambani-led Reliance Communications has decided to opt for insolvency proceedings following its failure to sell assets for paying back its lenders.
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