Reliance Infrastructure said it disagreed with the decision by India Ratings, a unit of Fitch, to downgrade its debt over delays in equity infusion and monetization of assets.
“The Company respectfully disagrees with the views of India Ratings,” it said today.
“The Company has taken series of steps for asset monetization including inter alia filing Offer Document for divestment of Roads business through InvIT, continuing discussion for divestment of its Mumbai Power Business and divestment of Transmission business,” it said. Read More…
Latest posts by Ultra News (see all)
- Yes Bank Lends Rs 750 Cr To Mahindra Group For Rewa Solar Plant - March 16, 2018
- L&T, BHEL Tapped To Roll Out India’s Indigenous Nuclear Power Program - March 12, 2018
- Dilip Buildcon Awarded NH Projects Worth Rs 1,050 Cr In UP, Karnataka - February 28, 2018