Aramco, BP to help Mukesh Ambani slash $22 billion of Reliance's debt2 min read 12 Aug 2019, 04:59 PM IST
The conglomerate aims to be a zero-net-debt company in 18 months, Asia’s richest man told shareholders Monday
Last week, Credit Suisse cut its recommendation for Reliance’s stock and the price target citing reasons including rising liabilities and finance costs
Billionaire Mukesh Ambani’s Reliance Industries Ltd. is on a mission to reduce debt after racking up $76 billion in capital expenditure in the last five years.
Select your Category