archivemukesh ambani

RIL has ₹3,50,453 crore as gross debt, excluding spectrum payment to the government in December. However, the company has maintained high cash reserves on its books, worth ₹2,34,988 crore cash and cash equivalents, which are mainly in fixed deposits, certificates of deposits with banks and government securities and bonds. RIL's consolidated net debt as of March 31, 2025, was marginally higher at ₹1,17,083 crore against ₹1,16,281 crore as of December 31, 2024. Mukesh Ambani-led Reliance Industries Ltd recorded a consolidated profit of ₹19,407 crore, an increase of 2.4% YoY from ₹18,951...

Reliance Industries, led by billionaire Mukesh Ambani, has raised a dual-currency syndicated loan totaling approximately $2.9 billion, marking the largest offshore borrowing by an Indian company in more than a year, according to a Bloomberg report. Finalised on May 9, 2025, the financing deal is structured in two tranches: a $2.4 billion portion denominated in US dollars and a second tranche of 67.7 billion Japanese yen, equivalent to approximately $462 million, the report added. The loan attracted participation from 55 banks, forming the largest lending consortium for a syndicated loan...