Here’s how Mukesh Ambani is sorting out a succession plan for his children
Mukesh Ambani's succession plan shares elements of Walmart Inc’s Walton family, a framework allowing the biggest transfer of wealth.
Reliance Retail Ventures
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Isha Ambani named Retail Chair as Ambani succession plan falls in place
Mukesh Ambani has passed the beacon on to daughter Isha Ambani who is all set to become the Chairman of Reliance’s Retail unit.
Reliance Retail picks 25% stake in Dunzo with an investment of ₹200 million
The Bengaluru based company raised a total of $240 million in the funding round led by Reliance Retail with participation from Lightbox, Light rock, 3L Capital and Alteria.
Reliance Retail to launch 7-Eleven convenience stores in India
Reliance Industries Ltd. disclosed that the first 7-Eleven convenience store is set to open on Saturday, October 9 in Andheri East, Mumbai.
Shareholders of Just Dial approve RRVL investment
RIL’s retail subsidiary will be classified as Just Dial’s promoter after the deal.
Reliance Retail raises investment worth Rs 32,000 crore in 2 months
Reliance Retail Ventures Ltd (RRVL) has been on a fund-raising spree since the past 2 months. It has raised more than Rs 32,000 crore from investors for about 7.3% stake.
Reliance Retail raises $1 billion from GIC, TPG
Reliance Industries Ltd announced that Singapore sovereign wealth fund, GIC and global equity firm, TPG Capital has invested a total Rs 7,350 crore ($1 billion) in its retail business.
Reliance Retail raises Rs 1,875 crore from Silver Lake’ co-investor, share rises 1%
Reliance Industries touched Rs 2,264, ip by 1% on the company's announcement of raising Rs 1,875 crore in its Retail business from the co-investors of private equity giant, Silver Lake.
Reliance Retail raises Rs 3,675 crore for 0.84% stake from General Atlantic
Reliance Retail Ventures Limited (RRVL) has raised Rs 3,675 crore from General Atlantic for 0.84% equity stake. The investment values Reliance Retail at an equity value of Rs 4.28 lakh crore.
Mubadala to invest $1 billion in Reliance Retail
Abu Dhabi state fund Mubadala Investment Co is likely to invest up to $1 billion in Reliance Retail Ventures Ltd. (RRVL).
Reliance Industries shares reach new heights
Shares of the Reliance Industries rose to 2.5% to Rs. 2,215 today. The rise was seen after Reliance Retail investors announced $1 billion investment with California based private equity fund Silver Lake.
Reliance Retail to get 2nd global investment of $1 billion from KKR
KKR & Co. is in talks to invest at least $1 billion in the retail business of Reliance Industries Ltd. The amount could strech to $1.5 billion.
Mukesh Ambani’s Reliance retail ventures gets ₹ 7,500 crore investment from Silver Lake
Reliance Industries today announced that Silver Lake will invest ₹ 7,500 crores in Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries.