Reliance Industries another new got investment in the ADIA Rs.5,512 Crore.
Reliance Industries further investment got this week official to announce Mukesh Ambani said Abu Dubai Investment Authority (ADIA) invests the Reliance subsidiary company Reliance Retail Ventures Limited Rs.5,512 Crore invest ADIA.
RRVL company pre equity value of share Rs.4.285 lakh Crore this value of equity on ADIA bought the Rs.5,512 Crore that share value on 1.2% Stake.
RRVL Investment details
Reliance Retail Ventures Limited last week new investment got the Dubai based Sovereign wealth Mubadala Investment Company RRVL Invest Rs.6,247.5 Crore bought a 1.4% percent stake. Tuesday another investment Dubai-based Abu Dubai Investment Authority put the RRVL Rs.5,512 Crore bought a 1.2% percent stake bought the ADIA.
RRVL lastly and recently raise the company on Rs,37,710 Crore investors the big company is on Silver Lake, General Atlantic, KKR, Mubadala, GIC, TPG, and ADIA.
The Reliance Industries commerce enters the market aim a lot of competition e-commerce in India. A Reliance target on e-commerce side top India make on aim said the AGM last announce the JioMart e-eCommerce site launch the Reliance. Retail Store all over the India 12,000 store and 270 million customers the RRVL company Retail stores increase and develop the market new technology implementation in the Indian market.
Today Share Market positive run the Nifty 11,738 Point upmarket changed 0.66% percent gain and Sensex gain on 39,878 Points market changed 304 points up 0.77% percent.
Reliance share price Rs.2257.50 today current changed gain of 2.13% percent.
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