Reliance Capital Ltd, Anil Ambani's financial services business that almost doubled its profit in five years, had largely remained insulated from the distress plaguing the wider conglomerate. Now, the company is racing to close a planned $2 billion of asset sales to bolster its finances after cash dwindled to $1.6 million as of March.
from Times of India http://bit.ly/2UYekJN
Friday, May 3, 2019
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