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Monday, 30 September 2019

RInfra to cut debt further: Anil Ambani

Reliance Infrastructure (RInfra) which is sitting on a debt of Rs 6,000 crore, is on track to reduce leverage even further as it focuses to be an asset-and capital-light entity, the company said on Monday. Addressing the shareholders at the AGM, chairman Anil Ambani said the group's defence businesses will also follow an asset- and capital-light model.

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