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India s Reliance drops after slamming brakes on $15bn Aramco deal

Shares of Reliance Industries fell 4.2 percent on Monday as India's largest firm halted a stake sale in its oil-to-chemicals business to Saudi Arabia's Aramco and pulled back from a potential spinoff of its most profitable unit. The move to monetize its oil business two years ago by selling a 20 percent stake for roughly $15 billion to the world's biggest oil exporter was part

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