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Reliance Jio IPO may strengthen balance sheet, create new growth avenues: Analysts

https://www.cnbctv18.com/market/reliance-jio-ipo-could-unlock-value-strengthen-balance-sheet-and-support-long-term-growth-19929559.htm
Nitin Soni, Senior Director and Head of Natural Resources for South and South East Asia at Fitch Ratings, said the proposed issue is a positive development as the proceeds will be used to pare debt and improve financial flexibility…

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