Reliance Industries looks to raise additional $3b as $13b debt matures

Reliance Industries looks to raise additional $3b as $13b debt matures

The Reliance Industries Ltd. logo is displayed atop the company's gas station in Mumbai, India, on Thursday, July 19, 2012. Photographer: Dhiraj Singh/

Reliance Industries Ltd. is making room to add as much as 200 billion rupees ($3 billion) to borrowings, using its cash buffer to manage rising funding costs and $13 billion of maturities over the next three years.

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