Reliance Retail today announced that it will acquire a controlling stake in Just Dial, India’s leading local search engine platform, for a total consideration of Rs. 3,497 crores. Reliance Retail will hold 40.95% and would make an open offer to acquire up to 26% in accordance with SEBI. VSS Mani will continue as Managing Director … Continue reading "Reliance Retail acquires controlling stake in Just Dial for Rs. 3497 crores"
Source: Fone Arena
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