New Delhi: Reliance NSE -1.00 % Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 per cent stake in its retail arm. Earlier, on September 23, RIL had announced that KKR will make the investment in its subsidiary Reliance Retail Ventures Ltd (RRVL) to buy 1.28 per cent equity stake.

"Reliance Retail Ventures Limited, a subsidiary of the company, today received the subscription amount of Rs 5,550 crore from Aly ..

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https://economictimes.indiatimes.com/industry/services/retail/reliances-retail-arm-receives-rs-5550-crore-from-kkr-for-1-28-stake-sale/articleshow/78674554.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst...........................ET