{"id":455399,"date":"2021-12-10T10:40:45","date_gmt":"2021-12-10T05:10:45","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=455399"},"modified":"2021-12-10T10:40:45","modified_gmt":"2021-12-10T05:10:45","slug":"ril-raises-stake-in-hfcl-to-5-via-qip","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-raises-stake-in-hfcl-to-5-via-qip\/","title":{"rendered":"RIL raises stake in HFCL to 5% via QIP"},"content":{"rendered":"<p>Mumbai: Reliance Industries NSE -0.61 % (RIL) has increased its stake in HFCL NSE -3.41 %, the country&#8217;s largest integrated telecom network provider, to 5% by investing \u20b9138 crore in the latter&#8217;s qualified institutional placement (QIP) that concluded on Thursday, people aware of the development told ET.<\/p>\n<p>The Mukesh Ambani-led conglomerate, through its subsidiary Reliance Strategic Business Ventures, held a 3.76% stake in the company as of September 30.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Reliance Industries NSE -0.61 % (RIL) has increased its stake in HFCL NSE -3.41 %, the country&#8217;s largest integrated telecom network provider, to 5% by investing \u20b9138 crore in the latter&#8217;s qualified institutional placement (QIP) that concluded on Thursday, people aware of the development told ET. The Mukesh Ambani-led conglomerate, through its subsidiary Reliance Strategic Business Ventures, held a 3.76% stake in the company as of September 30.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-455399","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=455399"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/455399\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=455399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=455399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=455399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}