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RIL hits overseas markets with third bond issue, raises $1.5 bn

Last Updated: Sunday, October 07, 2012, 13:42

The country's largest corporate Reliance Industries (RIL), which is sitting on a cash pile of nearly Rs 73,000 crore, is on a debt-raising spree again and has mopped up USD 1.5 billion through an overseas bond sale progamme over the weekend, two people with the direct knowledge of the development said.