April 19, 2024 16:22 (IST)
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Reliance Retail in advance talks with Silver Lake to sell 1.8 pc stake: Report

Reliance Retail in advance talks with Silver Lake to sell 1.8 pc stake: Report

New Delhi/IBNS: The retail wing of billionaire Mukesh Ambani controlled Reliance Industries Ltd (RIL) is reportedly in the final stage of talks with US private equity investor Silver Lake to offload 1.7 per cent to 1.8 per cent stake for about Rs 7,500 crore in what could be the first such deal by the retail giant to raise funds, said a media report.

Silver Lake to invest  Rs 5,656 crore in Jio industries, says Reliance Industries Limited

Silver Lake to invest  Rs 5,656 crore in Jio industries, says Reliance Industries Limited

Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited announced on Monday that US-based  private equity firm Silver Lake will invest Rs. 5,655.75 crore into Jio Platforms.