India's Reliance Retail in talks with Gulf, Singapore funds for $1.5b investments

India's Reliance Retail in talks with Gulf, Singapore funds for $1.5b investments

Photo: Reuters

India’s Reliance Retail is in talks with existing investors including the sovereign wealth funds of Singapore, Abu Dhabi and Saudi Arabia for combined new investments of around $1.5 billion, three sources with direct knowledge of the plan said.