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Second Largest Foreign Investment
August 14 , 2019
1960 days
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- Mukesh Ambani-led Reliance Industries has announced that it was selling a 20% stake in its flagship oil and chemical business to Saudi Aramco for $15 billion.
- This will be the second-largest foreign investment in India.
- Walmart-Flipkart deal is the largest ever foreign investment in India ($16 billion).
- Saudi Aramco is the world’s most profitable company.
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