Tag Archives: RIL-Future Group Agreement

Mumbai: Future Group’s lenders have been spared a $ 2.2 billion impact on their conglomerate exposure after the company announced the sale of all of its businesses to Reliance Industries (RIL) for ₹24,713 crore on Saturday. Publish the agreement Reliance Retail Ventures (RRVL) of Mukesh Ambani will have a 13.14% …

Reliance Retail Ventures is part of billionaire Mukesh Ambani’s Reliance Industries Reliance Industries, led by billionaire Mukesh Ambani, announced on Saturday the acquisition of Future Group’s retail, wholesale, logistics and warehousing businesses for Rs 24,713 crore through its subsidiary, Reliance Retail Ventures. The deal is part of the scheme in …