Reliance’s $7 Billion Rights Offer Done as Jio Spurs Frenzy
The Reliance Industries Ltd. logo is displayed at the company’s annual general meeting. (Photographer: AdeelHalim/Bloomberg)

Reliance’s $7 Billion Rights Offer Done as Jio Spurs Frenzy

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(Bloomberg) -- Reliance Industries Ltd. concluded its $7 billion share sale as part of a fund-raising drive aimed at paying net debt down to zero and backing the oil-to-telecommunications group’s s...