Mukesh Ambani’s Reliance Retail Ventures Limited (RRVL) a subsidiary of Reliance Industries Limited (RIL), today announced that The Public Investment Fund of Saudi Arabia will invest Rs 9,555 crore in the company for an equ
With falling profits, RIL’s saviours for the quarter were once again the consumer facing business that Mukesh Ambani has patiently carved out in the recent years -- Reliance Jio and Reliance Retail.
Jio Platforms and Reliance Retail are the two segments of RIL that in recent months have been the most lucrative of the RIL pie, as marquee investors lined up to have a piece of them.
Mukesh Ambani-controlled Reliance Industries Ltd on Thursday informed that it has received Rs 5,550 crore from global investment firm KKR for its retail business, Reliance Retail Ventures Ltd (RRVL)
In less than a month, Reliance Industries Ltd has raised a total of Rs 37,710 crore in exchange of 8.48 per cent stake in Reliance Retail Ventures Ltd (RRVL).
GIC and TPG investment announcements follow similar investment deals with Abu Dhabi sovereign wealth fund Mubadala Investment Co, Silver Lake, KKR and General Atlantic.
September 30, 2020: Mukesh Ambani’s Reliance Industries Ltd has bagged another cheque for its Reliance Retail Ventures, this time from General Atlantic. The global growth equity firm said that it will invest Rs 3,675 crore
Reliance Industries Ltd in a BSE filing informed that RRVL has received the subscription amount of Rs 7,500 crore from SLP Rainbow Holdings Pte Ltd (Silver Lake).
Mukesh Ambani-led Reliance Industries announced that global investment firm KKR will invest Rs 5,550 crore into in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries.
Samara Capital owns 51% in Witzig Advisory, the parent company of More Retail Limited and will be investing a higher amount than Amazon, which owns a 49% stake.
RIL stock has zoomed 172 per cent from its March low of Rs 868 apiece. Last week, RIL announced that Silver Lake would invest Rs 7,500 crore in its retail arm RRVL
Reliance Industries shares were continuously moving between gains and losses. At 11 AM, RIL shares were trading 0.14 per cent up at Rs 2,318 apiece, as compared to a 0.13 per cent rise in S&P BSE Sensex.