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Cairn-Vedanta deal different from RIL-BP: Mukesh Ambani

On the back of the oil and gas joint venture formed between British oil major BP and Indian giant Reliance Industries (RIL), Mukesh Ambani, Chairman and Managing Director of Reliance Industries told CNBC-TV 18 that his company has one of the strongest balance sheets in the world and the deal will help the company to be debt-free.

February 26, 2011 / 15:44 IST
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On the back of the oil and gas joint venture formed between British oil major BP and Indian giant Reliance Industries (RIL), Mukesh Ambani, Chairman and Managing Director of Reliance Industries told CNBC-TV18 that his company has one of the strongest balance sheets in the world and the deal will help the company to be debt-free.

Aware of the fact that RIL-BP has got linked to the Cairn-Vedanta Deal, Ambani said,
first published: Feb 22, 2011 11:20 am

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