Reliance To Sell 1.28% Stake In Retail Arm To US-Based KKR

Mukesh Ambani-drove Reliance Industries said on Wednesday that the US-based investment firm KKR will purchase a 1.28 percent stake in its retail arm, Reliance Retail Ventures, for Rs 5,550 crore. The exchange gave Reliance Retail a value estimation of Rs 4.21 lakh crore, Reliance Industries said in an administrative statement before market hours on Wednesday. […]

Reliance -Offers -20$ -Billion -Stake -In -Retail -Arm -To -Amazon

Reliance Offers 20$ Billion Stake In Retail Arm To Amazon

India’s renowned businessman Mukesh Ambani’s Reliance Offers 20$ Billion Stake to sell roughly in its retail business to Amazon. Amazon held discussions investing in the conglomerate’s Reliance Retail Ventures Ltd. unit and has expressed interest in negotiating the potential transaction. Mumbai-base Reliance Industries is willing to sell a 40% stake in the subsidiary to Amazon.If […]

LIVE Updates: Yogi Adityanath Oath-taking, UP Beautifies Before Event; Brijesh Pathak, Sidharth Nath Singh Get ‘The Call’, Others Wait for Turn

UP’s Yogi Adityanath on Thursday staked claim to form the government in Uttar Pradesh for the second time, a day ahead of his swearing-in as chief minister at a mega event which will be attended by Prime Minister Narendra Modi and a slew of dignitaries. Yogi Adityanath met Governor Anandiben Patel after the BJP legislature […]