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.
Posting a photo of the meeting on the social media platform X, Acharya Pramod Krishnam…
Colonel Mustafa urges youth to use geography actively for disaster management, policy, and national development.
India names a record 111-member team for Deaflympics 2025, competing across 11 sports disciplines.
PM Modi, Amit Shah, and leaders extend birthday wishes to Bharat Ratna LK Advani.
Justice Vikram Nath praised PM Modi’s vision for inclusive, tech-driven justice and legal empowerment.
Justice Surya Kant urged empathetic, tech-driven legal aid reforms to make justice accessible and inclusive.