June 19, 2020 / 3:43 AM / 17 days ago

India's Reliance Industries becomes 'net debt free'

June 19 (Reuters) - Indian conglomerate Reliance Industries Ltd said on Friday that it became net debt free after raising over 1.69 trillion rupees ($22.15 billion) over the last few weeks through stake sales in its digital arm and a rights issue. ($1 = 76.2880 Indian rupees) (Reporting by Philip George in Bengaluru; Editing by Rashmi Aich)

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