Rosneft in early talks with Reliance to sell stake in Nayara Energy; valuation key hurdle - Report

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The Times of India India 6h

Rosneft in early talks with Reliance to sell stake in Nayara Energy; valuation key hurdle - Report

Representaive image Russian oil major Rosneft has initiated preliminary discussions with Reliance Industries for a potential sale of its 49.13 per cent stake in Nayara Energy, according to sources cited by PTI. The talks, still in early stages, could mark a major consolidation in India’s oil refini»»»

timesofindia.indiatimes.com
The Economic Times India 7h

Russia's Rosneft Oil Company in early talks with Reliance to sell stake in India unit

Rosneft is in preliminary discussions with Reliance Industries for the sale of its 49.13% stake in Nayara Energy, which includes a major oil refinery and a vast network of petrol pumps in India. Reliance aims to become India's top oil refiner and significantly expand its fuel marketing presence thr»»»

economictimes.indiatimes.com
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