Saturday, February 17, 2018

Reliance Industries to acquire 65% stake in IFC for Rs 11.05 bn

Reliance Industries on Friday said it will acquire 65 per cent stake in Indian Film Combine Pvt Ltd, which is building a drive-in theatre, hotel, retail mall and club on a 12-acre plot in Mumbai, for Rs 11.05 billion. Reliance Industrial Investments and Holdings Ltd, a wholly owned subsidiary of RIL, will ...

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