Saket Sundria
Stories by Saket Sundria
Singapore’s economic rebound unlikely to be ‘vibrant,’ says PM Lee
The island nation’s economy contracted 7% in the third quarter from a year ago.
India’s RIL in talks to sell stake in oil-to-chemical division to Saudi Aramco
Aramco officials and bankers have been working at Reliance’s offices in Mumbai for due diligence this month.
A $4b investment by Mukesh Ambani’s RIL is hurt by global gas glut
RIL's investment was aimed at boosting profits at the world’s largest oil refining complex.
Reliance, Aramco talks on refinery stake sale said to have come to halt
Aramco is reportedly concerned about Reliance’s proposal to shift some debt of the wider group to its refinery business ahead of the transaction.
Mukesh Ambani overtakes Jack Ma as Asia’s richest person
Ambani has added $4 billion to his fortune this year as Reliance doubled its petrochemicals capacity and investors cheered the success of his disrupti
Reliance Industries looks to raise additional $3b as $13b debt matures
Its latest plan extends a strategy of raising cheaper debt, riding on its better-than-sovereign ratings, while also actively investing about $12 billi
Billionaires taken to task by rise of minority investors in India
Companies including Kumar Mangalam Birla’s Grasim Industries Ltd. and Maruti Suzuki India Ltd. have also come under fire from some small investors.
Hong Kong’s power utility CLP seeks acquisitions to diversify, expand in India
CLP India is eyeing run-of-the-river hydro power projects, solar and wind capacities.
India’s top oil refiner seeks paths to Modi’s cleaner future
Indian Oil is aiming to sell natural gas for vehicles through its existing retail network and has formed teams to research concepts to power electric
India: Reliance Industries said to mull refinancing sizeable chunk of $12b debt
Reliance’s repayments from 2018 through 2020 will be its biggest for any previous three-year period and include about $8.14 billion of term loans, $