Reliance Retail Ventures gets Rs 2,000 crore from KKR

Reliance Retail Ventures gets Rs 2,000 crore from KKR

Global investment firm KKR is investing another ₹2,069.5 crore through an affiliate in Reliance Retail Ventures (RRVL), holding company for the retail businesses of Reliance Industries (RIL). KKR’s follow-on investment will translate into an additional equity stake of 0.25% in RRVL, according to a press release issued on Monday, which added that this takes the … Read more

Reliance Retail Ventures buys shares worth over Rs 1,332 cr in Just Dial

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New Delhi: Reliance Retail Ventures Ltd on Tuesday purchased shares worth over Rs 1,332 crore in Just Dial Ltd, through an open market transaction. The scrips were offloaded by Just Dial’s promoter, Venkatachalam Sthanu Subraman. According to block deal data on the BSE, Reliance Retail Ventures bought 1.3 crore scrips at an average price of … Read more