Reliance Industries To Sell 1.28% Stake In Retail Arm To US-Based KKR For ₹ 5,550 Crore

Billionaire Mukesh Ambani-led Reliance Industries said on Wednesday that the US-based investment firm KKR will buy a 1.28 per cent stake in its retail arm, Reliance Retail Ventures, for ₹ 5,550 crore. The transaction gave Reliance Retail an equity value of ₹ 4.21 lakh crore, Reliance Industries said in a regulatory filing before market hours […] The post Reliance Industries To Sell 1