RRVL

Reliance Industries Limited (RIL) announced that UAE-based Mubadala Investment Company would be investing Rs 6,247.50 crore in its retail segment. Reportedly, Mubadala will own 1.40% equity shares on a fully diluted basis. This is the third investment that RIL has attracted in the last two days. Earlier in September, US-based investors General Atlantic, KKR and Silver Lake also invested in RIL, which raised funds of Rs 24,847.50 crore.