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Monday, February 21, 2011

RIL | BP sign biggest FDI deal in India worth 7.2 billion $


The news from Indian Inc coming today are that India's biggest private company Reliance Industries Ltd and British Petroleum signed a $ 7.2 billion deal for 30 percent stake in KG basin.

Mukesh Ambani sealed the deal in London and looked very happy with the acomplishment, The deal is bigger then Ranbaxy takeover by japenese Daiichi Sankyo. However there are even bigger FDI deals in pipeline, lets see when these deals materialise.

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