Posted inIndia

Reliance defends adding Saudi Aramco chief on board

India’s Reliance Industries has defended the appointment of Saudi Aramco’s chairman as an independent director on its board. The oil-to-telecom conglomerate insisted that the appointment of Yasir Al-Rumayyan has nothing to do with the Saudi firm’s plan to pick up a stake in its oil-to-chemicals business. The appointment awaits shareholder approval and the voting process […]