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Reliance Industries considers selling its stakes in Asian Paints

Mukesh Ambani-led Reliance Industries is reportedly considering selling its stake in Asian Paints as the Indian multinational conglomerate is stepping up its efforts to become debt free.  According to a Bloomberg report, the company is in discussions with various banks for a potential sale of its 4.9% stake worth ₹989mn in Asian Paints report Ltd. […]