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About: http://data.cimple.eu/news-article/e2857e545b4a17e4171f35e8e44f23da202805f4f6ae9946081aa6d2 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	India's telecom-to-oil giant Reliance Industries Wednesday completed a massive $7 billion rights issue in what it touted as the world's biggest by a non-financial institution in a decade. Reliance, owned by Asia's richest man Mukesh Ambani, had said the fundraising drive was meant to pay down debt and help shift the company to a digital future. The firm said in a statement late Wednesday the rights issue was subscribed 1.59 times and attracted "huge investor interest". The successful rights issue was a "vote of confidence, by both domestic investors, foreign investors and small retail shareholders, in the intrinsic strength of the Indian economy", Ambani said in a statement. In April, Facebook took a $5.7 billion stake in the Mumbai-based firm's Jio digital platforms in one of India's biggest foreign investments. afp/bfm
schema:headline	India's Reliance completes massive $7 bn rights issue
schema:mentions	Digital media Economy of India Agence France-Presse Mukesh Ambani Asia Jio India Facebook Reliance Industries Limited Radio in New Zealand
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-03 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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