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How Reliance Plans To Get “Net Debt Free”

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Reliance Industries Ltd.’s focus on reducing debt in times of uncertainty has led to a re-rating in the share prices. It has announced multiple transactions over the past several months’ worth over Rs 1,90,000 crore. Fact that only facebook has strategic stake means only one thing: Jio Platforms will be listed, in India or the US, likely in the next year or so . . .

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