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Top headlines: RIL becomes net debt free, ICICI Bank's stake sale and more

From Reliance Industries net debt free to India-China border clash, here are the top headlines of the day

Mukesh Ambani

Over the past two months, Mukesh Ambani's oil-to-telecom conglomerate has announced the sale of about $14 billion of assets

BS Web Team New Delhi
RIL net debt free before schedule; to list retail, telecom biz within 5 yrs
Reliance Industries is net debt-free after raising a record Rs 1.69 trillion from global investors and a rights issue in almost two months, said group chairman Mukesh Ambani in a statement on Friday. The statement came after Reliance said on Thursday Saudi Arabia’s Public Investment Fund will buy a 2.32 per cent stake in its digital unit Jio Platforms for Rs 11,367 crore. Read more here

Reliance Industries hits new high; market-cap crosses Rs 11 trillion
Shares of Reliance Industries (RIL) hit a new all-time

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First Published: Jun 19 2020 | 5:07 PM IST

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