8.10 (0.60%) Reliance Industries (RIL) has taken over some of the debt liabilities of Reliance Jio Infocomm (Jio) following approval from the Ahmedabad bench of the National Company Law Tribunal. The company neither disclosed the name of the creditors nor the quantum of liabilities.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.