Tag Archives: Reliance acquires majority stakes in skyTran

Reliance acquires majority stakes in skyTran

Reliance Strategic Business Ventures Limited (RSBVL), a wholly-owned subsidiary of Reliance Industries, has increased its stake in SkyTran, a company that develops pod taxis in the United States. In a statement released on Sunday, the company said it had increased its stake to 54.46 percent on a fully diluted basis with a $26.76 million investment. […]