Private equity firm General Atlantic will invest ₹Rs 3,675 crore in Reliance Retail Ventures Ltd, the third major investment in the company’s most valuable retail unit in India in three weeks. General Atlantic will collect a 0.84% stake, valuing the retail arm of Reliance Industries Ltd at an equity value …
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Reliance Industries Ltd, led by Mukesh Ambani, said on Saturday that it has received ₹7,500 crore from Silver Lake Partners. The California-based private equity firm previously acquired a 1.75% stake in Reliance’s retail arm. On September 9, Reliance Industries announced that Silver Lake would invest ₹7.5 billion rupees in its …
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Mukesh Ambani (AFP) MUMBAI / NEW DELHI: Reliance Industries Ltd (RIL), controlled by Mukesh Ambani, has offered a significant stake in its local retail unit to Directed by Jeff Bezos Amazon.com, a deal, if it goes through, would make the two billionaires and business rivals strategic partners in one of …
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(File photo) BENGALURU: Dependency industries Ltd said on Wednesday US private equity firm Silver Lake Partners It would buy a 1.75% stake in its retail arm for 7.5 billion rupees ($ 1.02 billion) as the Indian conglomerate strengthens its retail presence in the country. Trust, controlled by the richest man …
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