RIL shares surge 4 per cent on PIF’s investment in Reliance Retail Ltd
PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement.
PIF will take a 2.04 per cent stake in Reliance Retail Ventures Ltd (RRVL), the Indian firm said in a statement.
1. With this latest investment, the firm has raised total Rs 47,265 crore in the last two months. 2. Reliance Retail Limited, a subsidiary of RRVL, operates India's largest, fast-growing retail business serving close to 640 million footfalls at its 12,000 stores across the country.
