{"id":294590,"date":"2019-10-01T11:34:35","date_gmt":"2019-10-01T06:04:35","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=294590"},"modified":"2019-10-01T11:34:35","modified_gmt":"2019-10-01T06:04:35","slug":"anil-ambani-to-cut-debt-reliance-infras-plan-to-go-capital-light","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/anil-ambani-to-cut-debt-reliance-infras-plan-to-go-capital-light\/","title":{"rendered":"Anil Ambani to cut debt: Reliance Infra\u2019s plan to go capital-light"},"content":{"rendered":"<p>Reliance Infrastructure (RInfra) which is sitting on a debt of Rs 6,000 crore, is on track to reduce leverage even further as it focuses to be an asset-and capital-light entity, the company said on Monday. Addressing the shareholders at the AGM, chairman Anil Ambani also said the group\u2019s defence businesses will also follow an asset- and capital-light model.<\/p>\n<p>\u201cOur intent is to reduce the debt further. At present we are have around Rs 6,000 crore of debt but with a large networth,\u201d the RInfra chairman said, adding the will focus on the domestic market and take up more complex infrastructure and transportation projects.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Infrastructure (RInfra) which is sitting on a debt of Rs 6,000 crore, is on track to reduce leverage even further as it focuses to be an asset-and capital-light entity, the company said on Monday. Addressing the shareholders at the AGM, chairman Anil Ambani also said the group\u2019s defence businesses will also follow an asset- and capital-light model. \u201cOur intent is to reduce the debt further. At present we are have around Rs 6,000 crore of debt but with a large networth,\u201d the RInfra chairman said, adding the will focus on the domestic market and take up more complex infrastructure [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-294590","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=294590"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/294590\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=294590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=294590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=294590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}