QATAR INVESTMENT $1 BILLION IN RELIANCE RETAIL VENTURE

The Qatar Investment Authority (QIA) is in talks to invest $1 billion in Reliance Retail Ventures, the retail arm of Mukesh Ambani’s Reliance Industries. The investment would give QIA a 1% stake in Reliance Retail Ventures, which is valued at $100 billion. The investment is a vote of confidence in Reliance Retail Ventures, which is … Read more