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From The Pioneer

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S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earnings

S&P affirms Reliance Industries' 'A-' credit rating, cites Jio listing, stronger earnings

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New Delhi: S&P Global Ratings has affirmed its 'A-' long-term issuer credit rating on Reliance Industries Ltd (RIL), citing resilient earnings, strong cash generation and improved funding flexibility following the listing of digital services subsidiary Jio Platforms Ltd. The outlook on the ratings…

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