One reply on “Reliance Industries: Double Ho Gaya”
Yes, unless RIL quickly finds a solution to its ever burgeoning debt, it is going to be in trouble with all the global headwinds against it. It has faced staggering losses in its US shale gas investment and Indian operations of Jio are not going to get them decent return immediately with dirt cheap pricing and extremely low paying target customer segment lacking pricing power.
One reply on “Reliance Industries: Double Ho Gaya”
Yes, unless RIL quickly finds a solution to its ever burgeoning debt, it is going to be in trouble with all the global headwinds against it. It has faced staggering losses in its US shale gas investment and Indian operations of Jio are not going to get them decent return immediately with dirt cheap pricing and extremely low paying target customer segment lacking pricing power.