QIA deal reaffirms Reliance Retail Venture’s $100 billion valuation, say brokerages
Brokers say an investment of Rs 8,278 crore from the Qatar Investment Authority (QIA) for a 0.99% stake has bolstered Reliance Retail Venture Limited (RRVL)’s valuation in line with its previous estimate of 8 ,280,000 Rs crore, equivalent to Rs 100 billion. “With the listing of Jio Financial Services, we believe this investment can raise …
QIA deal reaffirms Reliance Retail Venture’s $100 billion valuation, say brokerages Read More »