CARE Downgrades Reliance Infrastructure’s Debt
A worker uses a blowtorch at the excavation site of a launching shaft for Metro Line 3, in the Dharavi area of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

CARE Downgrades Reliance Infrastructure’s Debt

CARE Ratings has downgraded long-term and short-term debt and non-convertible debentures of Reliance Infrastructure Ltd. citing delays in monetisation of assets and its proposed debt-reduction plan...
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