General Atlantic picks up 0.84 pc stake in Reliance Retail for Rs 3,675 cr

Global private equity firm General Atlantic will invest Rs 3,675 crore to buy a 0.84 per cent stake in Reliance Industries Ltd’s retail arm, extending the fundraising spree by billionaire Mukesh Ambani-led firm. General Atlantic will invest in Reliance Retail Ventures Ltd (RRVL), a subsidiary of Reliance Industries Ltd, the Indian firm said in a statement. This is the third… Continue reading "General Atlantic picks up 0.84 pc stake in Reliance Retail for Rs 3,675 cr"

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