INSUBCONTINENT EXCLUSIVE:
In FY19, RIL's finance cost more than doubled to Rs 16,495 crore from Rs 8,052 crore in the last year.Reliance Industries Ltd (RIL)
chairman Mukesh Ambani on Monday said that the group has a clear roadmap to become zero net-debt company in 18 months.The statement came in
group's 42nd AGM in Mumbai, Mr Ambani said he was confident of growing the company's consolidated earnings 15 per cent annually over the
more than Rs 2.87 lakh crore, as it feverishly diversified into consumer-focused businesses in retail, telecom and e-commerce over the past
infrastructure assets into two separate infrastructure trusts for a consideration of Rs 1.25 lakh crore with the intention of raising money
that these transactions will be completed by the end of this financial year
Post this, we ended last year with net debt of Rs 1,54,478 crore," he said.Get Breaking news, live coverage, and Latest News from India and
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