Mukesh Ambani to raise Rs400bn to expand consumer business
Beeps By | Nov 30 -0001

Mukesh Ambani-led Reliance Industries is planning to raise about 400 billion rupees to expand its consumer businesses. The company will invest this year to roll out fiber-based broadband services and on acquisitions, including the purchase of telecom assets from brother Anil’s Reliance Communications. It will raise funds through loans and bonds.

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