India Digest: RIL to raise $2.5b for telecom biz, Tata Teleservices gets board nod to raise $3b

India Digest: RIL to raise $2.5b for telecom biz, Tata Teleservices gets board nod to raise $3b

Photo: Reuters

Reliance Industries Ltd (RIL) is raising $2.5 billion to repay loans taken for its telecom venture even as Tata Teleservices has received board approval to raise up to Rs 2,000 crore ($3 billion).

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