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RIL-BP's $7.2bn deal seen as biggest FDI into India

Friday 22nd Jul 2011 139

RIL-BP's $7.2bn deal seen as biggest FDI into India

Mumbai : Mukesh Ambani-led Reliance Industries ' USD 7.2 billion deal with British giant BP Plc, cleared by the government today, is seen as the biggest foreign direct investment into India. The mega transaction, announced in February, was cleared by the Cabinet Committee on Economic Affairs (CCEA).

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