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Thursday, August 30, 2018

RInfra completes Rs 18,800 cr Mumbai power biz sale to Adani

RInfra chairman Anil Ambani announced the culmination of the deal involving the sale of the integrated power business which was struk in December last year. He said the deal will help cut the company's overall debt to Rs 7,500 crore from the earlier Rs 22,000 crore and also added that it is planning to be a zero debt company by next year.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2wraxLz
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