Tag: Reliance Industries Ltd
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RIL raises $800 mn through 10-year bonds at lowest rate
Mumbai : Reliance Industries Ltd (RIL) on Tuesday said it has raised $800 million by selling 10-year bonds in the first offering since Moody’s last week raised India’s sovereign rating after 14 years. According to a Mukesh Ambani-led RIL release here, the bonds, priced at 3.66 per cent, were the lowest coupon ever achieved by…
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Jio gets Reliance to don new corporate culture
Mumbai:(IANS) As one of India’s top companies, Reliance Industries, gets ready to deliver its latest entity, the 4G services under the “Jio” brand, it has also brought with it a rather quiet, but telling transformation in the refining-to-retail group’s corporate culture. For the top executives leading a 17,500-strong, full-time team, including chairman Mukesh Ambani, gone…