The Indian conglomerate said the amount has been used to pare down debt substantially across its operating companies and consequently the interest outgo will reduce substantially.
Singapore, September 14 (ANI): Moody's Investors Service said on Monday that Reliance Industries Ltd's (RIL's) divestment of 1.75 per cent stake in its retail arm to private equity firm Silver Lake Partners for Rs 7,500 crore is credit positive as it will enable the Indian conglomerate to co
Mumbai (Maharashtra) [India], Sept 11 (ANI): Indiabulls Real Estate has signed a term sheet agreement with Blackstone Group Inc to offload its remaining 50 per cent stake for about Rs 4,420 crore.