Anil Ambani's Reliance Group starts transformation journey
The Free Press Journal|September 23, 2024
Anil Ambani's Reliance Group has in recent years seen marquee firms being auctioned in insolvency proceedings and piling debt-fold businesses.
Anil Ambani's Reliance Group starts transformation journey

But the group has, in the week gone by, made announcements that investors believe may mark its transformation. In three days -- from September 18 to 20 -- the group announced it has turned into nearly zero debt and is implementing long-term fund raising plans that are said to solidify its financial position.

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