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JIO DEBT REDUCTION
Jio IPO: Akash Ambani says Rs 30,213 crore issue will push company towards net debt-free statusJio Platforms plans to use IPO proceeds of up to Rs 27,500 crore to repay borrowings and move towards net debt-free status. Akash Ambani al...
How Akash, Isha Ambani’s missed college assignment led to the creation of Rs 10 lakh crore JioA failed college assignment by Isha Ambani helped spark the idea for Jio, which is now preparing for a Rs 30,213 crore IPO at a valuation o...
A Jigsaw Puzzle: Why Reliance Jio's IPO buzz isn’t saving RIL stock from a painful year?Reliance Industries is gearing up for the highly anticipated Jio Platforms IPO, which is expected to generate significant capital. Despite ...
Jio IPO may trigger Reliance’s next big re-rating. Why Religare sees 47% upsideReliance Industries could see a valuation re-rating as Jio Platforms’ proposed Rs 30,000 crore IPO brings greater transparency to its digit...
The company reported a Rs. 162 crore loss. It actually lost nearly Rs. 8,000 crore. Where, and how, did it hide the loss?There is a legal way to make a loss-making company look profitable, and it turns on a single label almost nobody questions. Once it's appli...
EM local bonds gain favour as dollar debt lagsCurrent trends indicate that investors are leaning towards local emerging market debt rather than dollar-denominated bonds. The allure of a...
True Balance scores 100% of loan applications with AI, looks beyond credit bureaus to curb defaultsTrue Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...
Reliance shares are down 17% despite soaring refining margins. What the market is missingDespite strong refining and petrochemical margins, Reliance shares have experienced a dip as the market focuses on long-term growth potenti...
India’s IPO party is in full swing. Just don’t mistake debut-day gains for a winning betAugust saw twenty companies raise over twenty-one thousand crore rupees. Listing-day returns have significantly increased from a discount t...
ET Prime Special Series: Multibagger or IBC - Part 71: This small-cap auto supplier is trying to become a consumer brand againThe most interesting part of this old auto story is not nostalgia. It is how the company, after leaving the consumer vehicle market, has re...
Jio Platforms plans $3 billion debt reduction from IPO proceedsJio Platforms is gearing up for its IPO, planning to allocate a significant portion of the funds to repay nearly $3 billion in external com...
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
Saudi Arabia's PIF to invest Rs 11,367 crore in Jio Platforms for 2.32% stakeWith this investment, Jio Platforms has raised Rs 1,15,693.95 crore from leading global investors.
Next leg of RIL debt-reduction to be driven by strong cashflow from energy business: ReportThe next leg of debt reduction surprise will be driven by energy.
RIL selling 17% stake in Jio Platforms in 1 month to help pare half its net debt: Moody'sAll the transactions are currently underway and subject to regulatory and other approvals.
RIL's digital business rejig to bring platform apps onto investor radar, say analystsThe new structure will create the largest digital services platform company in India. The new entity will continue to work on technologies ...
Credit Suisse reverses stance, upgrades RIL on debt cut planIn a post-AGM report on August 13, Credit Suisse had left rating and target price for shares unchanged.
Telecom companies need to cut debt quickly as leverage is high: AnalystsReducing liabilities holds the key to Vodafone Idea’s ability to expand 4G operations, say analysts.
Government, TRAI discuss policy; IMG brainstorms on telcos' demandsAccording to sources, the high-level meeting was held to discuss regulatory and policy issues in the sector and expedite the Bharat Net pro...
Reliance Communications cuts high-cost debtsRCOM claimed the securitisation proceeds from its first Reliance Jio deal in April were “used to repay high-cost rupee debt.