Aramco, BP deals to help Ambani slash $22b of Reliance debt

Aramco, BP deals to help Ambani slash $22b of Reliance debt

Mukesh Ambani. Photographer: Simon Dawson/Bloomberg

Billionaire Mukesh Ambani’s Reliance Industries Ltd. is on a mission to reduce debt after racking up $76 billion in capital expenditure in the last five years.