Today news
About the same in other media
Mukesh Ambani's Reliance Industries Limited may sell 8-10% stake in Reliance Retail Ventures Ltd: Report
Reading now: 785
Ahead of the proposed IPO of Reliance Retail Ventures Ltd (RRVL), Mukesh Ambani's RIIL is planning to sell an additional 8-10% stake in RRVL, reported Economic Times citing inputs from industry experts. The report said that the sale of stake would be completed in a duration of 12-15 months.
The sale of stake would pave way for a successful public listing of RRVL in future. The current valuation of $100 billion is considered too large for the market to absorb, reported ET.
Read more on livemint.comAbout this in other media
Mukesh Ambani's groundbreaking AI announcement: A message to OpenAI CEO Sam Altman livemint.com /1 year ago
Next generation of Ambanis set to enter Reliance Industries' boardroom economictimes.indiatimes.com /1 year ago
Retail business to be fastest growing segment for RIL, says Mukesh Ambani economictimes.indiatimes.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
