CAG audit accuses IOA of a Rs 24 crore loss, alleging undue favour to Reliance through a faulty sponsorship deal. IOA officials respond to questions about the renegotiated agreement.
Before the United States placed oil sanctions on Venezuela in 2019, Reliance was the second-largest private buyer of Venezuelan crude oil, trailing only China's China National Petroleum Corporation.
Mukesh Ambani's Reliance Industries Ltd (RIL) and Reliance Foundation has emerged as one of the largest donors as India Inc expands its relief efforts during COVID-19