Reliance Industries Update by Epic Research

Reliance Industries’ telecom arm – Reliance Jio Infocomm (RJIL) is set to launch a $1.5-billion debt issue abroad. In this regard, Reliance Industries has appointed bankers for the issue and the funds will be used by Mukesh Ambani’s company to refinance its costly debt and to roll out telecom and data services.



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Posted in: Indian Market Tips