Moody's Investors Service on RIL News
Higher-than-expected spending by Reliance Industries Ltd in the upcoming telecom spectrum auction will put pressure on its ratings, although the cash outgo on account of Jio launch can be accommodated, Moody's Investors Service said.
Reliance Industries' refinery margins will continue to improve as it completes margin- enhancing projects, Moody's Investors Service said today.
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