Reliance on track to achieve zero net debt: Report

The company, controlled by billionaire Mukesh Ambani, has sold minority stakes in its digital arm to Facebook and private equity firms such as Silver Lake, Vista Equity, KKR and General Atlantic to raise a cumulative Rs 78,562 crore. Also, the company is raising Rs 53,125 crore through a rights issue.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2AnZdoA
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