Tag: Skytran Inc

RIL Acquires Majority Stake In US-Based SkyTran Inc
RIL Acquires Majority Stake In US-Based SkyTran Inc

Mumbai: Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries Limited (RIL), announced on Sunday that it has acquired majority stake in its investee company skyTran Inc for a consideration of $26.76 million. With this transaction, RSBVL has increased its shareholding to 54.46 per cent on a fully diluted basis, RIL said […]