{"id":418442,"date":"2021-06-03T11:28:00","date_gmt":"2021-06-03T05:58:00","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=418442"},"modified":"2021-06-03T11:28:00","modified_gmt":"2021-06-03T05:58:00","slug":"have-balance-sheet-to-support-growth-at-jio-retail-and-o2c-ril","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/have-balance-sheet-to-support-growth-at-jio-retail-and-o2c-ril\/","title":{"rendered":"Have balance sheet to support growth at Jio, retail and O2C: RIL"},"content":{"rendered":"<p>Reliance Industries said it has applied for the use of niclosamide as a potential drug to treat Covid-19 and developed a cost-effective diagnostic kit to detect the disease, among other measures that leverage its intellectual capital to fight the pandemic. In its annual report for 2020-21 released on Wednesday, RIL said Jio Platforms has tied up with US chipmaker Qualcomm for local manufacturing of 5G equipment.<\/p>\n<p>The company said it had prepaid $7.8 billion of long-term foreign currency debt in the year and become a \u201cnet debt zero\u201d company in FY21. In the year, the digital commerce and merchant partnerships business notched up a 10% share in Reliance Retail\u2019s total revenue of Rs 1,53,818 crore, rising from almost nothing in the previous year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries said it has applied for the use of niclosamide as a potential drug to treat Covid-19 and developed a cost-effective diagnostic kit to detect the disease, among other measures that leverage its intellectual capital to fight the pandemic. In its annual report for 2020-21 released on Wednesday, RIL said Jio Platforms has tied up with US chipmaker Qualcomm for local manufacturing of 5G equipment. The company said it had prepaid $7.8 billion of long-term foreign currency debt in the year and become a \u201cnet debt zero\u201d company in FY21. In the year, the digital commerce and merchant partnerships [&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":[130,191,136],"tags":[],"class_list":["post-418442","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418442","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=418442"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/418442\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=418442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=418442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=418442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}