RIL announces strategic investment in Deccan 360: "Mumbai: Mukesh Ambani-led Reliance Industries on Friday forayed into the aviation space as a 'strategic investor' in captain Gopinath-founded cargo airline Deccan 360.
While the quantum of investment could not be ascertained immediately, RIL said that a wholly-owned subsidiary would provide 'growth capital' for the new cargo airline."
Friday, April 16, 2010
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