RIL becomes net debt-free company
Friday - June 19, 2020 9:51 am ,
Category : BUSINESS
Mumbai, June 19 (IANS) Investments by global tech investors and 'Rights Issue' has made Reliance Industries Ltd (RIL) a net debt-free company.Accordingly, RIL has raised over Rs 168,818 crore in just 58 days."The combined capital raised has no precedence globally in such a short time. Both of these are also unprecedented in Indian corporate history and have set new benchmarks,""This is even more remarkable that this was achieved amid a global lockdown caused by the COVID-19 pandemic."
--IANS rv/sn/sdr/
--IANS rv/sn/sdr/
