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Nevin John
New Delhi, August 19, 2019
Reliance Industries has kicked off the process of reducing debt it took to fund telecom and petrochemical businesses


Reuters
Mumbai, August 13, 2019
The Aramco deal is the latest in a series of moves by Reliance to sell non-core assets, or forge joint ventures, as it seeks to reduce debt that stood a $41.8 billion as of June 30


Nevin John
August 12, 2019
The company will use proceeds from Saudi Aramco, Brookfield and BP Plc deals to pay off debt


Rashmi Pratap
New Delhi, August 5, 2019
In a fund starved market, private equity firms with oodles of cash are stepping in to pick up anything they can. But there are dangers


BusinessToday.In
July 22, 2019
Other lenders to Suzlon Energy include Bank of India, Bank of Baroda, Central Bank of India, IDBI Bank and Punjab National Bank; the bad loan tag will force all of them to make provisions for their respective exposures


Reuters
New Delhi, July 22, 2019
Jio's strategy is aimed at prolonging the pressure on rivals such as Bharti Airtel and Vodafone Idea, whose revenue and profits have plunged since the launch of Jio by Reliance boss Mukesh Ambani


BusinessToday.In
July 20, 2019
Reliance Industries on Friday disclosed that Canada's Brookfield Infrastructure Partners L.P. and its affiliates will invest Rs 25,215 crore ($3.66 billion) in telecom tower assets of the Indian conglomerate.


Nevin John | Avirat Parekh
New Delhi, July 20, 2019
Reliance Jio posted a 54.5 per cent jump in revenue q-on-q to Rs 14,910 crore and 79.6 per cent rise in profit to Rs 3,080 crore.


PTI
July 19, 2019



BusinessToday.In
New Delhi, July 19, 2019
Reliance Industries Q1 results: Consolidated net revenue grew by 22.1 per cent to Rs 172,956 crore in April-June quarter of FY20, compared to Rs 141,699 crore in the corresponding quarter


Rashmi Pratap
Mumbai, July 18, 2019
The Hiranandani Group also announced its foray into the data centre parks business with a new arm -- Yotta Infrastructure


BusinessToday.In
New Delhi, July 17, 2019
The Pune-based wind major, which had a consolidated net term debt of Rs 7,761 crore and a working capital debt of Rs 3,380 crore by the end of 2018-19, is in talks with Canadian investment major Brookfield to a sell a majority stake


Nevin John
July 16, 2019
In March, with a dramatic intervention, Mukesh Ambani saved his younger brother from imprisonment by paying the dues of Rs 580 crore owed by Anil's firm to the Swedish telecom equipment maker Ericsson


PTI
New Delhi, July 16, 2019
By unbundling GAIL and opening the sector, the government hopes to increase gas use to 15 per cent of the energy mix by 2030 from current 6.2 per cent


PB Jayakumar
New Delhi, July 15, 2019
With over Rs 11,000 crore debt and an impending $172 million FCCB payout next month, Suzlon is negotiating with lenders and potential investors


BusinessToday.In
New Delhi, June 24, 2019
The Hindujas, promoters of IndusInd Bank, will infuse another Rs 2,700 crore into the private sector lender through a warrant issue to increase the promoter holding after the merger of Bharat Financial


BusinessToday.In
June 24, 2019
Shares of Suzlon Energy surged over 12% in intra-day trade on the Bombay Stock Exchange (BSE) Monday, after media report suggested that Canadian investor Brookfield has expressed interest in buying majority stake in the company.


BusinessToday.In
June 19, 2019
Blackstone has bought the office space in marquee One BKC building in Mumbai's Bandra-Kurla complex from Radius Group in one of India's biggest office property deals this year.


PTI
May 28, 2019



BusinessToday.In
May 25, 2019
The Modi government introduced the TOT model in 2016 to monetise publicly funded highways. Under the programme, the long-term toll collection rights are sold to investors in return for one-time lump sum payment.


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