Corporate News-Deal with Facebook clears the way for Reliance to become debt free by March 2019.

As mentioned in Financial news -By the end of March 2019, Reliance Industries had a debt of 1.54 lacks crore.

 
⇛Facebook bought a 9.99% stake in Jio for Rs 43547 crore. The deal cleared the way for the Reliance Group to become debt-free. Reliance had invested 4000 cores dollars in Jio, the debt burden on this group had increased significantly. In the latest Corporate News reliance mentioned By the end of March 2019, Reliance had a debt of Rs 1.54 lacks crore.