Reliance Industries plans to raise Rs 25000 cr to fund Jio expansion plans, service debt

3 hours ago
Country's largest conglomerate Reliance Industries plans to raise Rs 25,000 crore through privately placed debentures in order to rapidly expand its telecom venture Reliance Jio and replace its existing highcost borrowings. The Mukesh Ambaniowned  ...

Telecom Minister Manoj Sinha meets Sunil Bharti Mittal, Mukesh Ambani; assures corrective steps

4 days ago
Telecom Minister Manoj Sinha today vowed to save the debtladen sector in his meeting with industry leaders, including Sunil Bharti Mittal, as incumbents highlighted the financial stress inflicted on them by Reliance Jio. By: Firdaus Afreen New Delhi  ...

As Reliance Jio impact bites, telcos CEOs meet minister Manoj Sinha; get reassured on orderly growth for sector

4 days ago
Telecom minister Manoj Sinha on Thursday assured the telecom industry bigwigs that the government would take corrective steps to ensure orderly growth in the sector. By: FE Bureau Published: June 23, 2017 6:28 AM. 0. Shares. Facebook · Twitter  ...

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