Reliance Industries is India’s largest company by market value,
Reliance Industries Ltd., the Indian tycoon Mukesh Ambani’s company, is contemplating selling a local-currency bond for as much as 150 billion rupees ($1.8 billion), according to people familiar with the situation who asked not to be named because the information is confidential.
According to data provided by Bloomberg, should the transaction proceed, it would represent Reliance’s largest-ever rupee sale. Based on the data, it would also be the conglomerate’s first domestic bond since 2020.
Also Read : IND vs SL LIVE SCORE: Rohit, Gill open for India after SL won the toss and elected to bowl
Reliance Industries, the largest corporation in India based on market valuation, has an excellent credit rating from S&P Global’s Indian affiliate, Crisil Ratings. Its commercial interests include consumer items, wireless communication services, and petrochemical processing. It is growing quickly in both established industries, like 5G services, and emerging ones, like financial services and green energy.
When Bloomberg called a Reliance Industries spokesperson on Wednesday, the company did not immediately respond.
Shivba Sanghatana chief Manoj Jarange-Patil launches Marathwada campaign on Maratha quotas, urging community restraint.
Global Capacity Centrea and Startups have created 8 crore jobs for India and a span…
Berlusconi was one of Italy's most divisive figures of modern times, having led four governments…
Kirodi Lal Meena, a prominent BJP leader, reaffirmed his commitment to a pre-election promise by…
The Ministry of Defence announced Shaurya Chakras to these J&K Police officers and personnel and…
Dr. Chintan Vaishnav, AIM's Mission Director, highlights the CIFs programme empowering innovators in Tier 2…