Tag: Pod car transport system

Reliance increases stake in US-based pod car developer SkyTran

Reliance Industries Ltd (RIL) announced that it has upped its stake in the US-based SkyTran Inc., a venture-funded technology company that is developing pod car transport systems. RIL said in a stock-exchange filing that it has increased its holding in SkyTran to 26.31% from the previous 17.37% on a fully diluted basis. The increase in…