Mukesh Ambani News
Reliance Industries gets shareholders, creditors OK for hiving off O2C business into separate entityIn February, RIL had announced the contours of spinning-off its oil refining, fuel marketing and petrochemical (oil-to-chemical) business into an independent unit with a USD 25 billion loan from the parent, as it looked to unlock value by settling stakes to global investors like Saudi Aramco.
Ambani security scare: National Investigation Agency searches hotel in MumbaiSuspended Mumbai police officer Sachin Waze, whom the NIA arrested last month in connection with the security scare outside Ambani's residence, was recently brought by the probe agency to the Babulnath area as part of its probe into the case, he said.