Reliance buys 74% stake in NMIIA: deal signed for Rs 1,628 crore, it will work as a subsidiary company
New Delhi15 minutes ago copy link Mukesh Ambani’s company Reliance Industries has bought 74% stake in Navi Mumbai IIA Private Limited (NMIIA). For this, Reliance has spent Rs 1,628 crore. This company NMIIA works to develop Integrated Industrial Area (IIA) in Maharashtra. After this deal, NMIIA has become a subsidiary of Reliance Industries. Reliance has…