Shares | SabrangIndia News Related to Human Rights Wed, 14 Aug 2019 06:05:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://sabrangindia.in/wp-content/uploads/2023/06/Favicon_0.png Shares | SabrangIndia 32 32 Growing Monopoly of Reliance https://sabrangindia.in/growing-monopoly-reliance/ Wed, 14 Aug 2019 06:05:20 +0000 http://localhost/sabrangv4/2019/08/14/growing-monopoly-reliance/ Why did Reliance decide to sell 20% of its shares? Saudi Arabian Oil Company, Aramco, will be acquiring 20% of shares of the Mukesh Ambani’s Reliance Industries’ oil-to-chemicals division. Why did Reliance decide to sell 20% of its shares? Meanwhile, Reliance has decided to provide broadband services at lower prices from September 5, which would […]

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Why did Reliance decide to sell 20% of its shares?

Saudi Arabian Oil Company, Aramco, will be acquiring 20% of shares of the Mukesh Ambani’s Reliance Industries’ oil-to-chemicals division. Why did Reliance decide to sell 20% of its shares? Meanwhile, Reliance has decided to provide broadband services at lower prices from September 5, which would take the company closer to having a monopoly over India’s digital communication sector. NewsClick spoke with senior journalist Paranjoy Guha Thakurta on the issue.

Courtesy: News Click

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