Reliance New Energy Solar Ltd acquired '100% shareholding of REC Solar Holdings AS from China National Bluestar (Group) Co Ltd for an Enterprise Value of $771 million," the firm said in a statement.
Reliance announced a sale of a 20% stake in its oil-to-chemicals business to Aramco for $15 billion in 2019, but the deal stalled after oil prices and demand crashed last year due to the pandemic
A Scorpio with gelatin sticks was found parked on Carmichael Road near 'Antilia', the multi-storey residence of Ambani, chairman of Reliance Industries, on Thursday evening.
Akash married diamantaire Russell Mehta's daughter Shloka in March 2019.
Jio's 5G will be powered by the indigenously-developed network, hardware and technology components.
The winner in the fight for Future Retail Ltd, Amazon's estranged local partner, will get pole position in the race to meet the daily needs of more than a billion people.
Amazon received an emergency order to halt the companies from proceeding with the deal until an arbitration tribunal is formed, a source with direct knowledge of the matter told Reuters.
GIC will invest Rs 55.12 billion for a 1.22% stake, while TPG Capital Management will invest Rs 18.38 billion to own a 0.41% equity stake in the retail arm.
This is the second investment by General Atlantic in a subsidiary of Reliance Industries, following a Rs 6,598.38 crore investment in Jio Platforms announced earlier this year.
Amazon has held talks about investing in Reliance Retail and expressed interest in negotiating potential deals but has made no decision, Bloomberg's report said.