ADIA
Reliance Retail Q2 Net Profit Up 21%, EBITDA Margin Improves To 8.4%
Brands Companies Finance News Retail

ADIA To Invest Rs 4,966.80 Cr In Reliance Retail

Abu Dhabi Investment Authority is set to invest Rs 4,966.80 crore into Reliance Retail Ventures, acquiring a 0.59 per cent stake in the company, as confirmed by Reliance Industries on Friday. In a regulatory filing, Reliance Industries stated, “This investment values RRVL at a pre-money equity value of Rs 8.381 lakh crore (USD 100.83 billion), […]

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Reliance Retail Q2 Net Profit Up 21%, EBITDA Margin Improves To 8.4%
Companies News

Reliance Retail In Talks To Raise $1.5 Bn From Sovereign Wealth Funds

Reliance Retail, under the control of Mukesh Ambani, is reportedly engaged in discussions with existing investors, including sovereign wealth funds from Singapore, Abu Dhabi, and Saudi Arabia, regarding a potential additional round of investments totaling around USD 1.5 billion. These talks are part of an internal objective to secure USD 3.5 billion in investments by […]

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