Reliance Retail valued at Rs 8.4 lakh crores as ADIA buys 0.6% equity

Reliance Retail valued at Rs 8.4 lakh crores as ADIA buys 0.6% equity

Abu Dhabi Investment Authority’s wholly-owned subsidiary is set to make a significant investment of ₹4,966.80 crore into Reliance Retail Ventures Limited (RRVL), a prominent subsidiary of Reliance Industries Limited. With a valuation setting RRVL’s pre-money equity at an impressive ₹8.381 lakh crore, this places the retail titan among India’s top four equity-valued companies. This fresh […]