Mukesh Ambani says Reliance now has strong balance sheet to support growth
Shortpedia
Content Team
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After record fundraising and debt prepayments, Reliance Industries Ltd now has a strong balance-sheet with high liquidity that will support growth plans for its three hyper-growth engines - telecom arm Jio, retail and oil-to-chemicals business, firm's Chairman and Managing Director Mukesh Ambani said. n the company's latest annual report released on Wednesday, he said the company sold minority stakes in Jio Platforms.
