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Corporate News 23 Sep 2020 | 3:32 PM

Reliance raises $22.43b from stake sales at retail, digital arms

SINGAPORE/ NEW DELHI/ BENGALURU: Reliance Industries Ltd, controlled by Asia's richest man Mukesh Ambani, has raised 1.65 trillion rupees ($22.43 billion) over the past few months through stake sales at its digital unit Jio Platforms and its retail arm Reliance Retail Ventures.