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Much-needed good news for Anil Ambani as Reliance Infra slashes debt from Rs 3,831 cr to Rs 475 cr

By Economic Times - 2 days ago
Reliance Infrastructure Limited has significantly reduced its standalone external debt from Rs 3,831 crore to Rs 475 crore. The company cleared dues to key financial institutions and entered a One Time Settlement with LIC. This reduction boosts Reliance Infra's net worth to approximately Rs 9,041 crore.

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