ADIA invests ₹4,966.8 cr in Reliance Retail at ₹8.4 lakh cr valuation
The third biggest investment in Reliance Retail after KKR and QIA in the past two months; ADIA's investment will translate into a 0.59% stake
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KKR invests ₹2,069 cr in Reliance Retail at ₹8.4 lakh cr valuation
This is KKR’s second investment in Reliance Retail after an infusion worth ₹5,550 crore in 2020; overall stake buy rises to 1.42%
Metro Cash & Carry stores to play B2C also for Reliance
Reliance bought the cash & carry chain of 31 large format stores at ₹2,850 crore.
Uncertain future for Biyani’s Reliance Retail deal
The ongoing legal battle between the retail giants has raised several concerns. The delay in sewing up the deal may spell trouble for the cash-strapped Future Group.
India Inc’s growing appetite for dotcoms
With an increasing number of consumers looking for digital offerings, big boys Reliance Industries and Tata group are scouting for online assets to ramp up their retail offerings.
