Given its DNA, it’s difficult to visualise RIL remaining a silent partner in EIH
Reliance Industries Ltd (RIL) has booked its rooms in the hospitality business, buying a significant 14.12% stake in EIH Ltd, the Oberoi group company, for Rs1,021 crore. RIL paid a hefty 22% premium through its subsidiary Reliance Industries and Holding Pvt Ltd to purchase the shares from Prithvi Raj Singh Oberoi,...
Inside story of the National Stock Exchange’s amazing success, leading to hubris, regulatory capture and algo scam
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