BUSINESS
Reliance Industries is the most valuable firm in India with a market cap of Rs 19.33 lakh crore.
Mukesh Ambani is the richest man in Asia. The billionaire runs Reliance Industries, India's most valuable firm. Recently, Reliance reportedly secured a dual-currency syndicated loan worth USD 2.9 billion (Rs 24811 crore), which will come in two tranches worth USD 2.4 billion and 67.7 billion yen, Bloomberg reported.
Around 55 banks reportedly took part in the agreement, which was signed on May 9, 2025. It is the largest bank group loan deal signed this year. The loan deal also makes it the largest offshore loan raised by an Indian company in over a year. The Ambani-led company has repayments worth about USD 2.9 billion, including interest payments, due in 2025, as per the news agency.
Reliance is currently rated one notch above India’s sovereign grade, a rare instance when a company’s creditworthiness is higher than the country it’s based in. The borrower is rated Baa2 by Moody’s Ratings and BBB by Fitch Ratings.
Mukesh Ambani's net worth
Mukesh Ambani remains the richest man in Asia. He has a real-time net worth of USD 107.9 billion, as per Forbes. His Reliance is the most valuable firm in India with a market cap of Rs 19.33 lakh crore.
READ | Ratan Tata's TCS gets BIG order from BSNL worth Rs 2903 crore, work relates to...
Ram Kapoor breaks silence on 'not getting work' due to his weight: 'My name is not Khan...'
Delhi Metro: DMRC issues fresh advisory for passengers, warns against doing THIS in trains
Axiom-4 crew conducts advance research, global outreach in cancer, food sources...,will help in...
Scientists claim to find the oldest rocks on earth, discovered from...
Watch: Boeing plane hit by strong winds while landing, escapes crash
Delhi to enforce fuel ban on these vehicles from July 1; check details
Losing hair in your 20s? These 5 mistakes might be the reason
Who is T Raja Singh? Controversial Telangana BJP MLA quits party amid state leadership tussle
Canada announces new PR route, immigration norms: Here's how it will affect Indians
Indian Railways notifies fare hike: Ticket prices for AC, non-AC raised by...; check details
Delhi government launches Internship Programme for youth, know ALL about it
Neeraj Chopra wants to learn bowling skills from THIS Indian cricketer, his name is...
BIG move by Anil Ambani as Reliance Infra inks Rs 20000 crore pact with...; to explore...
BIG move by MS Dhoni as he files for trademark of nickname 'Captain Cool'
Kolkata student rape case: South Calcutta Law College suspends all classes; PIL seeks...
Did Shefali Jariwala die because of anti-aging drugs? What are these medicines and how do they work?
Good news for Gautam Adani as this company becomes first Indian firm to cross...
Viral video: Woman faints after winning Princess Diana’s iconic ‘Caring Dress’ at auction, WATCH
New UPI Rules: limits on balance check..., GPay, PhonePe, Paytm users to see major changes from...
Meet Royal princess who flew economy, went viral after video of her…, is not from India but…
'You will eat more when...': Indian mom feeds American vlogger with love, heartfelt video goes viral
Muharram 2025 Holiday in India: Will schools, banks, and markets be closed on July 7? Know here
NIOS Class 10th Result 2025 DECLARED at nios.ac.in: Check steps to download, direct link here
Anil Ambani plans BIG move as Reliance firm participates in global bids for...; plans to set up...
Good news for Lalit Modi as Supreme Court allows him to seek remedy in connection with IPL 2009 case
CUET 2025 UG Result Expected Today: Check steps to download scorecard, direct link here
Amid Sardaar Ji 3 controversy, THIS actor supports Diljit Dosanjh, says 'his mind is not poisoned'
What is special about International Space Station and how much of its life is left?
3rd Stage of Little Pepe's (LILPEPE) Presale Sells Out in a Flash
Shefali Jariwala's demise: Doctor gives major update in 'Kaanta Laga' girl sudden death, suspects...
India responds to defence attache's comments on Operation Sindoor, says, 'his remarks have been...'
This country uses heavy-lift drone to save man trapped in flooded city, WATCH viral video
Paresh Rawal confirms return as Baburao in Hera Pheri 3, details inside
'Too dependent on Jasprit Bumrah': Ex-India captain's brutal reality check for Shubman Gill and Co
Maharashtra government cancels 3-langauge policy resolutions amid 'Hindi imposition' charge
Air India Jet bound for Delhi from Tokyo lands in Kolkata due to..., airline issues statement