Reliance Jio plans to raise Rs 15,000 crore
Reliance Jio Infocomm, the telecom venture of Reliance Industries Limited (RIL), is planning to raise Rs 15,000 crore through rights issue, the company informed the National Stock Exchange on Monday. The Mukesh Ambani-owned company, in a notice, said that the issue will be open to all existing shareholders. Jio's board has already given a nod for the issuance of equity shares of Rs 10 each aggregating to Rs 15,000 crore to... Read More