RIL launches India Inc's biggest bond sale abroad

Daily Current Affairs / RIL launches India Inc's biggest bond sale abroad

Change Language English Hindi

Category : Business and economics Published on: January 08 2022

Share on facebook

Reliance Industries Ltd (RIL NSE 1.12 %) launched its mega bond sale as the company sought to raise $3-5 billion from offshore investors.
This will be the largest-ever bond sale by an Indian company tapping overseas money and the year's first fundraising from the country.
RIL had received board approval on January 1 to raise up to $5 billion in multiple tranches through US-denominated notes.
The company said the bond issue was subscribed over three times with orders mostly from Asia and the US.

Justice B. R. Gavai is set to become the 52nd Chief Justice of India, succeeding Justice Sanjiv Khanna
Read More....
China halts deliveries of US-made Boeing jets, intensifying trade tensions between the two nations
Read More....
Daniel Noboa wins the presidential election in Ecuador, earning a full 4-year term.
Read More....
Blue Origin has successfully launched an all-female crew in space, setting a milestone in space exploration.
Read More....
SEBI has banned Gensol Engineering Ltd and its promoters over charges of fund misuse and price manipulation.
Read More....
Credit growth in India’s banking sector is expected to reach 12–13% in FY26 due to favorable policies and low interest rates.
Read More....
Morgan Stanley has revised India's GDP growth forecast for FY26 to 6.1% and cut the Sensex target due to global uncertainties.
Read More....
The 6th edition of the India-Uzbekistan joint military exercise "DUSTLIK-VI" begins at Aundh military base.
Read More....
The Ministry of Labour & Employment signed an MoU with Swiggy in New Delhi for worker welfare and support.
Read More....
Indian shooters Inder Singh Suruchi and Saurabh Chaudhary secured gold in the mixed team shooting event.
Read More....

RIL launches India Inc's biggest bond sale abroad