The last time there was a substantial taxi fare increase was back in July 2022, following a series fuel price hikes
Consequently, it has now emerged as a net debt-free company.
In a statement, RIL Chairman Mukesh Ambani said: "I have fulfilled my promise to the shareholders by making Reliance net debt-free much before our original schedule of March 31, 2021."
As per the statement, Jio Platforms has now announced investment of Rs 115,6 93.95 crore by leading global investors.
Besides, it raised Rs 53,124.20 crore via a 'Rights Issue'.
The company said that combined capital raised has no precedence globally in such a short time.
"Both of these are also unprecedented in Indian corporate history and have set new benchmarks," the company said in a statement.
"This is even more remarkable that this was achieved amidst a global lockdown caused by the COVID-19 pandemic."
Along with the stake sale to BP in the petro-retail JV, the total fund raise is in excess of Rs 1.75 lakh crore, the company said.
The last time there was a substantial taxi fare increase was back in July 2022, following a series fuel price hikes
Middle-East grown interiors brand opens two new store locations
The country repeatedly urges residents to refrain from owning wild or exotic animals, and imposing hefty fines of up to Dh500,000 for violators
Amid the ongoing crises of their own making, Kane keeps scoring to bail the club out
The winner leaves the Montgomerie in a hurry due to work obligations after shooting a tournament-winning 43 Stableford points
The record 14-time winners snatched a 2-2 draw in the first leg of the semifinal clash in Munich with Vinicius Junior scoring a brace
Residents noted that the fire was of such magnitude that it took several hours to extinguish
Digital bank by Emirates NBD to incubate digital asset innovations