Mukesh Ambani's Reliance plans to raise â¹40,000 cr in FY19
Mukesh Ambani-led Reliance Industries plans to raise about â¹40,000 crore in debt during FY19 as it expands its consumer businesses, according to reports. Reliance's total debt has reportedly tripled in the past five years. The company has total borrowings of about â¹2.2 trillion, more than half of which is due to be repaid by 2022, according to Bloomberg. 