RIL’s credit rating could be upgraded
Facebook’s $5.7-billion investment in RIL’s subsidiary will help both companies monetise their digital platforms; it will also aid in deleveraging RIL’s balance sheet, says Fitch Ratings.
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April 2020
RIL-Facebook deal lifts markets
RIL closed 10% higher, and contributed over 51% and 43% in the points gained by the Sensex and the Nifty 50.
