RIL to raise funds via NCDs for expansion
Reliance Industries chairman Mukesh Ambani is a man in a hurry with huge expansion plans in exploration, refining, petrochemical and retail over the next two months. Though it is difficult to raise cash in today's risk adverse market, but like many of its peers, Reliance too has got assistance from the country's largest insurer, LIC, to tide over the current cash crunch.
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