RIL to raise $2 billion debt from abraod

Mukesh Ambani-led Reliance Industries plans to raise $ 2 billion debt from abroad to fund its oil & gas business expansion.

The company's Board approves 12 crore preferential warrants to promoters and appoints R A Mashelkar as director on the Board.

It also plans to set up three billion dollar cracker project in Jamnagar.