Reliance Jio planning to raise up to Rs 8,000 crore via bonds

Reliance Jio Infocomm is planning to raise up to ₹8,000 crore by selling corporate bonds in the local market as early as next week, people with direct knowledge of the matter said. This is primarily intended to clear a portion of its past dues for purchasing spectrum in the 2014 and 2015 auctions, they said.