Saudi Arabia's PIF to buy 2.04% in Reliance Retail for Rs 9,555 cr

Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced that the Public Investment Fund (PIF) will invest Rs 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04 per cent into RRVL, a subsidiary of Reliance Industries. Nov 5, 2020