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What Reliance Jio InvIT Offers Investors
What Reliance Jio InvIT holds for investors...
30 Apr 2019, 12:11 PM IST
Mukesh Ambani’s Reliance Industries Ltd. hived off most of its fibre assets and towers into an infrastructure investment trust to reduce debt, hoping that investors seeking a piece of its telecom bet will find it lucrative.It retained some strategically important assets, such as last mile-fibre and electronic items. Together, these assets were part of its 100 percent subsidiary Reliance Jio Infocomm Ltd., - the disruptor that unleash...
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