Reliance Industries, owned by Indian tycoon Mukesh Ambani, is reportedly considering raising $1.8 billion through the sale of local-currency bonds. If the transaction goes through, it would be the largest-ever rupee sale for the conglomerate. Reliance Industries, India’s largest company by market value, has diverse business interests including petrochemicals, wireless communication services, and consumer goods. The company has a AAA credit score from India’s Crisil Ratings.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News