Reliance Retail: Ambani gets another cheque; Saudi fund invests ₹9,555 crore

Reliance Industries Ltd. on Thursday said that the Public Investment Fund (PIF) will invest ₹ 9,555 crore for an equity stake of 2.04% in Reliance Retail Ventures Limited. This investment values RRVL at a pre-money equity value of ₹ 4.587 lakh crore.

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