Business | Edited by Abhishek Vasudev | Tuesday October 6, 2020
Billionaire Mukesh Ambani-promoted Reliance Industries said on Tuesday that its retail arm, Reliance Retail Ventures, will sell a 1.2 per cent stake to Abu Dhabi Investment Authority (ADIA) for Rs 5,512.50 crore. The deal gives Reliance Retail Ventures a pre-money equity value of Rs 4.29 lakh crore, the conglomerate said in a press release. The tra...
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