PIF Buys 2.04% Stake In Reliance Retail For Rs. 9555 Crore

Reliance Industries on Thursday said Saudi Arabia's PIF or Public Investment Fund will buy a stake of 2.04 percent in Reliance Retail by investing $1.3 billion or Rs. 9555 crore. PIF is amongst the largest sovereign wealth funds globally. {image-reliance-digital-1599625420.jpg

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