{"id":367271,"date":"2020-08-11T09:34:58","date_gmt":"2020-08-11T04:04:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367271"},"modified":"2020-08-11T09:57:15","modified_gmt":"2020-08-11T04:27:15","slug":"reliances-asset-monetisation-over-4-months-to-boost-credit-quality-sp","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliances-asset-monetisation-over-4-months-to-boost-credit-quality-sp\/","title":{"rendered":"Reliance&#8217;s asset monetisation over 4 months to boost credit quality: S&amp;P"},"content":{"rendered":"<p>S&amp;P Global Ratings on Monday said that Reliance Industries Ltd&#8217;s sizable proceeds from asset monetisation over the past four months should significantly improve its credit quality. <\/p>\n<p>&#8220;RIL&#8217;s deleveraging could exceed our expectations, given the extent and magnitude of its asset monetisation,&#8221; the rating agency said in a statement. <\/p>\n<p>The asset monetisation was despite operations that are trending weaker than anticipated for the fiscal year ending March 31, 2021.<\/p>\n<p>The oil-to-telecom conglomerate has amassed Rs 2.1 trillion in investment proceeds since Facebook announced its investment in its digital unit Jio Platforms Ltd (JPL) in April 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S&amp;P Global Ratings on Monday said that Reliance Industries Ltd&#8217;s sizable proceeds from asset monetisation over the past four months should significantly improve its credit quality. &#8220;RIL&#8217;s deleveraging could exceed our expectations, given the extent and magnitude of its asset monetisation,&#8221; the rating agency said in a statement. The asset monetisation was despite operations that are trending weaker than anticipated for the fiscal year ending March 31, 2021. The oil-to-telecom conglomerate has amassed Rs 2.1 trillion in investment proceeds since Facebook announced its investment in its digital unit Jio Platforms Ltd (JPL) in April 2020.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-367271","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367271","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367271"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367271\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}