Reliance Industries raises $1.85 billion in long-term loan

The fund raising comes amid reports of the company planning to infuse as much as Rs 20,000 crore into its telecom unit, Jio, to bolster broadband and e-commerce play ahead of a potential entry into 5G mobile telephony services in future.

from Moneycontrol Business News http://bit.ly/2XaVHIQ