October 3rd, 2014 12:29 PM 5 COMMENTS

RCOM To Reduce Debt To Rs 20,000Cr; To Roll Out 4G Next Year

Anil Ambani, Chairman, Reliance Anil Dhirubhai Ambani Group, address back to back AGMs and said that RCOM would bring down its debt below Rs 20,000 crore in next 2 years. Currently, RCOM has a debt of Rs 35,000 crore. “Non-core businesses like real estate and DTH will be monetised. We are looking at various options to monetise these two assets. One option is demerger of land banks from the company and... Read More

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