Saudi Aramco to invest $15 billion in oil to chemicals business: Mukesh Ambani

[Minho]

75 is the valuation, the 20% is 15, how hard it is for people to understand ? and people saying 75 million here have no idea how rich is the petrochem industry.

 

[RealNapster]

Tota value is 75 billion including debt.. 20% stake means 15 billion.

 

[Minho]

So Arab Muslim are buying Mukesh Ambani? Well that's new kind of slavery

Really, is that the narrative u gonna go with to satisfy ur public ? If he thought that way, he
wouldnt be on this huge conglomerate.

 

[niao78]

Let me simplify Saudi will give 15 Billion$ and they will get 20% Share Of Reliance Petrochemical Business not whole reliance.
Valuation of this business is valued 75$ billion.
Those who are saying 75$ needs to get their brain checked.

 

[Dubious]

75 is the valuation, the 20% is 15,

Tell that to your reporters please...they shamelessly reporting crap!

Really, is that the narrative u gonna go with to satisfy ur public ? If he thought that way, he
wouldnt be on this huge conglomerate.
View attachment 573627

Time for Arabs to latch on and take part of the share....

Those who are saying 75$ needs to get their brain checked.

I guess that will include a lot of authors of indian papers

 

[Taimoor Khan]

I believe this has more to do with business deal. I don't think Yemen or Iran has anything to do with this.

Which business deal will make sense right bang in the middle of extreme hostilities between two nuke powers ?

Na, it is to do with Iran and Pakistan refusal to be part of any conflict. From out of blue sending all Pakistani doctors out from GCC on flimsy grounds, to absolute no response over Kashmir knowing its red line for Pakistan to this.

I think we need to start downgrading our military links/presence in GCC to use this current tension with India as a pretext, We need our men back from GCC for the protection of the motherland and its own interests.

 

[RoadRunner401]

good news for India ... wish we also had such capabilities to invite big investors in Pakistan... that problem is that we do not have anything special to offer to the world except mangoes ... we are way behind in technology ... we study to get a good job and somehow infact, accidentally if we produce some intelligent people, they tend to go to out-world side (most of them) for their services just bcoz of high pays... In short we cannot change our state till we change our thought act according to the defined rules by Islam (which foreign follows).

@waz, say hello to Our old Indian friend who continue to make Pakistani id because of his inferiority complex.

 

[khanmubashir]

Absolutely but har baat kehne kee naheen hotee
Sir

ye kinsa uta kr UN me chla jae ga
besides it's an open secret
we will do what we have to do to protect our interest

 

[Zulfiqar]

Let me simplify Saudi will give 15 Billion$ and they will get 20% Share Of Reliance Petrochemical Business not whole reliance.
Valuation of this business is valued 75$ billion.
Those who are saying 75$ needs to get their brain checked.

It is not even 15 unless aramco is paying to revolve the debt too via equity.

 

[letsrock]

This is not an investment but a sale amounting to $15 bn..and the money may not even touch Indian shores. It may go to some offshore reliance account. And ambani may use it to clear reliance debt which is staggering $32 Billion or may be not. Morover it binds reliance and India to purchase 500K barrels per day from aramco alone just for this refinery.

 

[KhanBaba2]

It is 75 Million and not Billion !

Again, the idiot WAJ making a fool of himself.

Somebody sure is making a fool of himself.

 

[kris]

it is sad that saudis are wasting their money in such a risky investment as there is a high chance of india being nuked and destroyed in near future so all this money invested will be wasted due to destruction of india,even if india is not nuked there is a high possibility that india will disintegrate into small pieces due to their govt brutality against minorities

Smart guy.....

Why couldn't this be an insurance against such action..

Other than this I dont see a reason why ambani should give them a stake. Or am I missing something more

Timing of this investment is a message in itself. How come Saudi Arabia stand with Pakistan on Kashmir and at the same time, stand with India for investment?

Really...
Saudi never issued a statement on anyone's behalf

So Hindus are selling themselves to the Arabs Muslim... well that's slavery

Chu chu, time for your bed....
Sweet dreams

 

[KhanBaba2]

only 20%? Buy more and also buy half of India if possible...They will sell it to you for a good price

You don't realize that Saudi GDP is almost a quarter of our GDP. Maybe we will buy half of Saudi.

 

[kris]

Looking it another way, you are much more dependent on KSA oil than ever. And you remember 1973??

Geopolitical interests....
Any day India maintained good diplomatic relations with others. Buying oil won't be an issue as long as we could afford

 

[Tom M]

we didn't wait for Saudi or China permission when we supported Afghanistan Talib against the USA itself and these countries have far more investment in USA then India

so Indian should not be in any misunderstanding USA is going out of afg

then we with all our Network of proxies and skill developed In kicking out usa will come hard on Indian

You are most welcome. Especially when the Mujahideen will have to pass through Pakistan to reach Indian mainland and Kashmir and I guess you understand what that mean. LOL