{"id":418338,"date":"2021-06-03T08:46:04","date_gmt":"2021-06-03T03:16:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418338"},"modified":"2021-06-03T09:40:40","modified_gmt":"2021-06-03T04:10:40","slug":"reliance-industries-balance-sheet-is-strong-says-mukesh-ambani","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-industries-balance-sheet-is-strong-says-mukesh-ambani\/","title":{"rendered":"Reliance Industries&#8217; balance sheet is strong, says Mukesh Ambani"},"content":{"rendered":"<p>Mukesh Ambani-led Reliance Industries (RIL) is geared for growth on the back of a strong balance sheet after slashing debt, raising capital, and on boarding strategic investors in 2020-21. <\/p>\n<p>Addressing shareholders in the Integrated Annual Report 2020-21, company Chairman and Managing Director Mukesh Ambani said, \u201cStrong operating cash flow and largest ever capital raise further strengthened our balance sheet, enabling us to deleverage and meet our net-debt zero commitment ahead of stated timeline. We now have a strong balance sheet, with high liquidity that will support growth plans for our three hyper-growth engines \u2014 Jio, Retail, and oil-to-chemicals (O2C),\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani-led Reliance Industries (RIL) is geared for growth on the back of a strong balance sheet after slashing debt, raising capital, and on boarding strategic investors in 2020-21. Addressing shareholders in the Integrated Annual Report 2020-21, company Chairman and Managing Director Mukesh Ambani said, \u201cStrong operating cash flow and largest ever capital raise further strengthened our balance sheet, enabling us to deleverage and meet our net-debt zero commitment ahead of stated timeline. We now have a strong balance sheet, with high liquidity that will support growth plans for our three hyper-growth engines \u2014 Jio, Retail, and oil-to-chemicals (O2C),\u201d he [&hellip;]<\/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-418338","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\/418338","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=418338"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418338\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}