This marks the second billion-dollar investment by Silver Lake in a Reliance Industries subsidiary after the USD 1.35 billion investment in Jio Platforms announced earlier this year.
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.
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 players will have to choose a leader from multiple political avatars in the game, run across the streets and around the city, and rush into other people to convert them into their supporters.
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.
Stressing that, in this new world, data is the new wealth, Ambani said, "India's data must be controlled and owned by Indian people and not by corporates, especially global corporations."
_80_120.jpg)
