Discover and read the best of Twitter Threads about #NetDebtFree
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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
#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
#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
With 10 lakhCr+ in market cap,#RIL is a story that showcases,size &scale,matter
Jio& #RelianceRetail to be listed in 5yrs
