Reliance Industrial Investments news and trends

India’s Reliance To Raise $563M To Take On Amazon, Walmart

January 27, 2019
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India’s Reliance To Raise $563M To Take On Amazon, Walmart

January 27, 2019
Reliance Industrial Investments is gearing up to raise ₹4,000 crore to meet the company’s investment requirements and needs for funding, reported Deal Street Asia. The report, citing two people aware of the developments, said the funds will be raised via convertible preference shares across tranches at a dividend rate of 6 percent. RIIHL, the vehicle […]