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Partner 2 : Reliance Ind.
Reliance Industries Ltd. (RIL) was engaged in discussions with Aramco and had offered to sell it at least 20 per cent stake in a special purpose vehicle (SPV). The SPV was focused on covering refining, petrochemicals and marketing, with a special emphasis on expansion. However, the talks have ceased over issues concerning the valuation and […]
Partner 1 : BMW
BMW India is betting big on SUVs for scaling up its future growth prospects. The company is expecting SUVs to account for 1 out of every 2 cars that are sold in the Indian market. 3 locally assembled models are sold by the company in the country at present, namely the BMW X3, X1 and X5. […]