Reliance Industries to invest ₹15k cr more in Jio
Mukesh-Ambani led Reliance Jio on Monday said that its parent Reliance Industries will invest ₹15,000 crore more in the company through an issue of optionally convertible preference shares. This issue substitutes a rights issue that the company had planned earlier. The preference share issue will be the second such fund-raising exercise this year for Reliance Jio.