Jio telecom
India: Reliance's big bourse plan for Jio
Barely three months after reporting a net debt of some USD 21 billion, India's billionaire businessman Mukesh Ambani-owned oil-to-telecom conglomerate Reliance Industries announced its debt-free status in June this year -- all thanks to an unprecedented fundraising spree that helped cheer up the country's bourses amid Covid.
4 years ago