"Fulfilled promise before schedule": Mukesh Ambani said Reliance Industries debt free
Shortpedia
Content Team
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Mukesh Ambani said today that his Reliance Industries is now net debt-free, much ahead of its original goal of achieving the status by the end of March 2021. Over the past few weeks, Reliance received investments of Rs 1.16 lakh crore in its digital services arm, Jio Platforms, from global companies including internet giant Facebook. The group's net-debt had stood at Rs 1,61,035 crore as of March 31, 2020.
