NEW DELHI: International rating agency Moody's today said the risk profile of Reliance Industries has increased following its entry into untested telecom space by acquiring Infotel Broadband Services, but has retained the outlook of the Mukesh Ambani-owned company. Despite the increased business risks, the rating agency affirmed Baa2 ratings, three notches down from the highest grade, with a stable outlook for RIL, Moody's Investor Service said in its weekly outlook.
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