November 23, 2024 00:17 (IST)
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Qatar Investment Authority to invest Rs 8,278 cr in RRVL at an equity value of Rs 8.278 lakh cr

Mumbai: Reliance Retail Ventures Ltd on Wednesday announced that Qatar Investment Authority, through a wholly-owned subsidiary, will invest Rs 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of Rs 8.278 lakh crore.