The Public Investment Fund (PIF) will make an investment of Rs 9,555 crore (around USD 1.3 billion) for an equity stake of 2.04 percent into Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries.
Home PIF to infuse Rs 9,555 crore in Reliance Retail Ventures The Public Investment Fund (PIF) will make an investment of Rs 9,555 crore (around USD 1.3 billion)