Saudi Aramco and BP Plc will absorb all of Mukesh Ambani’s debt, which is $22 billion

Billionaire Mukesh Ambani’s Reliance Industries Ltd. is on a mission to reduce debt after racking up $76 billion in capital expenditure in the last five years. The firm aims to be a zero-net-debt company in 18 months, Asia’s richest man told shareholders Monday at the Annual General Meeting. Aiding this effort the firm will sell […]