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.