ADIA invests nearly Rs 5,000 crore in Reliance Retail Ventures, elevating the company's valuation to over Rs 8.3 lakh crore. This move impacts the share price of Reliance Industries, with a slight decline observed.
Read More »“Abu Dhabi Investment Authority Commits ₹4,966.80 Crore to Reliance Retail Ventures Limited”
Abu Dhabi Investment Authority (ADIA) is set to invest ₹4,966.80 crore in Reliance Retail Ventures Limited, reinforcing the company's position as one of India's top four firms by equity value. The investment strengthens the partnership between ADIA and Reliance and signifies confidence in India's retail sector and Reliance's growth trajectory.
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