Discover and read the best of Twitter Threads about #netdebtfree

Most recents (1)

Yes--#Reliance is now #DebtFree

#Jio raised Rs 1.16 lakhCr from #Facebook,Silver Lake,Vista Equity, General Atlantic,KKR, Mubadala, ADIA,TPG,L.Catterton&PIF

7000Cr raised,via 49% stake sale in fuel retail venture,to #BP

53124Cr raised via #Rights

Debt was Rs 1.63 lakhCr
#RIL
That RIL is #NetDebtFree is big,but bigger news is,Rs 1.69 lakhCr was raised in 58 days,flat

#SaudiArabia's Sovereign Wealth Fund,#PIF's 2.32% stake in #Jio has #EnterpriseValue of 5.16 lakhCr& equity valuation of Rs4.9 lakhCr

Great going for #RIL,with 9.23% weightage in #Nifty
Most interesting bit about the massive fund raising exercise by #Reliance,is the serious money committed by #Arab world, including,AbuDhabi based, #Mubadala

With 10 lakhCr+ in market cap,#RIL is a story that showcases,size &scale,matter

Jio& #RelianceRetail to be listed in 5yrs
Read 4 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!