Mukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Billionaire Mukesh Ambani‘s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Earlier, on September 9, RIL had announced that Silver Lake would invest Rs 7,500 …

Read moreMukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Mukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail

Billionaire Mukesh Ambani‘s Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from US private equity firm Silver Lake Partners, which has picked up 1.75 per cent stake in its retail arm. Earlier, on September 9, RIL had announced that Silver Lake would invest Rs 7,500 …

Read moreMukesh Ambani gets Rs 7,500 crore from Silver Lake for 1.75% stake in Reliance Retail