Reliance Industries IMAGE.
Mumbai: Reliance Industries, which is sitting on over Rs 75,000 crore in surplus cash, on Monday launched an issue of bonds in Hong Kong and Singapore markets to raise a minimum $ 500 million (around Rs 2,700 crore), company sources said. This is the fifth time that the Mukesh Ambani-led company is raising long-term debt this fiscal. So far, it has raised $4 billion from overseas in the current financial year. [caption id=attachment_604825 align=alignleft width=380