Two of RIL’s latest announcements increasing shareholding in skyTran and making batteries for electric vehicles (EVs) are proof that Mukesh Ambani’s company is now focusing on greener sources of energy and transportation, matching the global trend amid the possibility of a renewable energy boom in India.
RIL acquires majority stake in US-based skyTran Inc siliconindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from siliconindia.com Daily Mail and Mail on Sunday newspapers.
RIL acquires majority stake in US-based skyTran Inc moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.
Mumbai (Maharashtra) [India], February 28 (ANI): Reliance Strategic Business Ventures Limited (RSBVL) announced that it has acquired an additional equity stake in its investee company skyTran for a consideration of USD 26.76 million increasing its shareholding to 54.46 per cent on a fully diluted basis.