General Atlantic to invest Rs 3,675 crore in Reliance Retail Ventures

Reliance Industries Limited (RIL) on Wednesday announced that New York-based General Atlantic will invest Rs 3,675 crore for a 0.84 per cent stake in its retail arm -- Reliance Retail Ventures Limited (RRVL) -- making it the latest in a series of investments at the oil-to-telecoms conglomerate.

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