Reliance Inds ups exposure to PE funds by 24%, adds KKR’s debt fund to its basket

Mukesh Ambani-promoted Reliance Industries Ltd (RIL) owns one of the largest cash piles among India Inc, with a war chest of cash and liquid investments amounting to Rs 88,190 crore ($ 14.7 billion) as of March 31, 2014. The cash pile was up 6.3 per cent or Rs 5,215 crore ......