The Hinduja Group investment firm is offering an annual return, or coupon rate, of 15% on the NCDs, which will be secured against Reliance Capital shares with Reserve Bank of India (RBI) approval, the sources said.
Reliance Industries positioned for recovery despite debt concerns: Sandip Sabharwal
Obviously, there are other companies who are purely into EVs like Ola Electric, etc, where I would not be so bullish, I think they will