General Atlantic to invest Rs 3,675cr in Reliance

Reliance Industries Limited (RIL) on Wednesday announced that New York-based General Atlantic will invest Rs 3,675 crore for a 0.84 per cent stake in its retail arm -- Reliance Retail Ventures Limited (RRVL) -- making it the latest in a series of investments at the oil-to-telecoms conglomerate.

admin admin
Sep 30, 2020 - 14:51
56 0
General Atlantic to invest Rs 3,675cr in Reliance
Reliance Industries Limited (RIL) on Wednesday announced that New York-based General Atlantic will invest Rs 3,675 crore for a 0.84 per cent stake in its retail arm -- Reliance Retail Ventures Limited (RRVL) -- making it the latest in a series of investments at the oil-to-telecoms conglomerate.