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    6 Oct 2020

    Home Abu Dhabi Based Company Ventures In Reliance Retail

    Abu Dhabi Based Company Ventures In Reliance Retail

    Reports have been coming in from Reliance Industries where it is reported that ADIA is all set to invest Rs 5,512.50 crore in Reliance Retail Ventures.

    As per reports coming in ADIA is a fully owned subsidiary of an Abu Dhabi based company investment company.   

    This will be the first and a major investment of a foreign country in Reliance retail venture.  Reliance retail venture is a subsidiary company of Reliance Industries.

    With this investment Reliance Industries has raised Rs 37,710 Crore from leading global investors from around the globe.

    The investors also include Silver Lake, GIC, TPG, Mubadala.  These investments have been done in less than four weeks and it is a major contribution of an NRI's company in the Reliance Ventures.

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    Media News 18 provides information, the latest news and current events around India and the world. The purpose of the website is to give all the updates related to national, international happenings as soon as they break besides latest information on wide range of subjects including politics, entertainment, business, sports, health, science and technology, environment, economy etc that concern and interest our readers. Our aim is to bring forward the hidden questions related to these subjects which we cover, to analyse the political, social and economic scenario of the country and abroad honestly and with impunity.

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