{"id":418390,"date":"2021-06-03T10:27:06","date_gmt":"2021-06-03T04:57:06","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418390"},"modified":"2021-06-03T11:17:24","modified_gmt":"2021-06-03T05:47:24","slug":"mukesh-ambani-says-reliance-now-has-strong-balance-sheet-to-support-growth-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mukesh-ambani-says-reliance-now-has-strong-balance-sheet-to-support-growth-2\/","title":{"rendered":"Mukesh Ambani says Reliance now has strong balance sheet to support growth"},"content":{"rendered":"<p>NEW DELHI : After record fundraising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm&#8217;s chairman and managing director Mukesh Ambani.<\/p>\n<p>In the company&#8217;s latest annual report released on Wednesday, he said the company sold minority stakes in Jio Platforms \u2014 the unit that houses its telecom and digital business \u2014 and retail arm for almost \u20b92 lakh crore and raised another \u20b953,124 crore through rights issue. <\/p>\n<p>&#8220;We now have a strong balance sheet with high liquidity that will support growth plans for our three hyper-growth engines &#8212; Jio, Retail and O2C,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : After record fundraising, Reliance Industries Ltd now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals, according to the firm&#8217;s chairman and managing director Mukesh Ambani. In the company&#8217;s latest annual report released on Wednesday, he said the company sold minority stakes in Jio Platforms \u2014 the unit that houses its telecom and digital business \u2014 and retail arm for almost \u20b92 lakh crore and raised another \u20b953,124 crore through rights issue. &#8220;We now have a strong balance sheet with high liquidity that will [&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":[139,130,187],"tags":[],"class_list":["post-418390","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-oil-gas-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418390","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=418390"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418390\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}