QIA

QIA to invest $1 billion in Reliance Retail Ventures

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QIA to invest $1 billion in Reliance Retail Ventures

Mumbai|Kolkata: Qatar Investment Authority (QIA) agreed to invest ₹8,278 crore ($997 million) in Reliance Retail Ventures (RRVL) at an equity valuation of ₹8.2 lakh crore ($100 billion), making it the single largest investment by the sovereign wealth fund of the gas-rich country in India. RRVL, the holding company of Reliance Retail Ltd (RRL), had diluted … Read more

QIA | Jio Fiber: Qatar sovereign fund in advanced talks with RIL for $1.5 bn investment in JioFiber: Report

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Qatar Investment Authority (QIA)’s proposal to invest $1.5 billion (about Rs 11,200 crore) in JioFiber is gathering pace, Mint has reported quoting sources. According to the report, the sovereign fund’s talks with Reliance on the deal are now at an advanced stage. Mukesh Ambani-led RIL has already raised over $20 billion via stake sales in … Read more