Qatar fund to buy 1% stake in Reliance Retail for Rs 8,278 crore

Qatar's sovereign wealth fund on Wednesday announced an investment of Rs 8,278 crore for nearly a 1% stake in Reliance Retail Ventures. The Qatar fund will be the ninth foreign investor in Reliance Retail, which has raised Rs 55,543 crore by offloading around 11% stake since September 2020.

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