The oil and gas sector and Reliance Industries will collectively account for over 60% of the rated Indian portfolio’s spending over the next couple of years.
Moody’s said the seven rated oil and gas companies in India will also account for around 30% of rated Indian companies’ capex.
https://nsearchives.nseindia.com/corporate/RBMINFRA_20082024144132_s_pr_rbm.pdf
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