BusinessRIL Shares Jump Most In A Decade After Mukesh Ambani Reveals Zero-Net-Debt Plan
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RIL Shares Jump Most In A Decade After Mukesh Ambani Reveals Zero-Net-Debt Plan
Reliance Industries shares stage biggest intraday jump since January 2009
Conglomerate has set a target to reach zero net debt within 18 months
RIL within touching distance of becoming highest-valued Indian company
The announcements drove Reliance Industries shares up as much as 12%
Reliance Industries shares saw their biggest intraday rise in a more than a decade on Tuesday, after it set a target to reach zero net debt within 18 months and vowed to reward shareholders with higher dividends and periodic bonus issues.