Jio IPO to boost Reliance's financial flexibility, cut debt servicing costs: Moody's
Reliance held about ₹2.5 lakh crore in cash, cash equivalents and current investments as of March 31, compared with ₹1.1 lakh crore in reported current borrowings, including lease liabilities, Moody's said. The conglomerate's consolidated capital expenditure is expected to remain elevated at around $15 billion annually over the next two years.
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- et telecom
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- Thursday, 22 October 2026, 7:24 am IST
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