RIL may Sell 8-10% More in Rel Retail Ventures Reliance Industries is likely to sell another 8-10% stake in Reliance Retail Ventures Ltd (RRVL) to fund expansion, retire debt and prepare for the initial public offering of the conglomerate’s retail business, two senior industry executives aware of the plans said. Brics Set to Add 6 New Members from N Africa, Gulf and LatAm Brics is set to add heft to the grouping of emerging economies as it announced on Thursday the inclusion of six new members, including India’s key partners in the Gulf and North Africa, a development that Prime Minister Narendra Modi described as a message that “all global institutions need to transform considering the changing times”.

Source: The North Africa Journal August 25, 2023 01:51 UTC