Profit

RIL raises Rs 3,188 cr through sale of shares

PUBLISHED ON: September 17, 2009 | Duration: 2 min, 09 sec

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Reliance Industries on Thursday raised Rs 3,188 crore by selling about 1.50 crore equity shares of the company. This is despite the fact that the company is sitting on a cash pile of $4.6 billion.
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