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Reliance Retail Closes Over Rs. 47,200-Crore Fundraising From 10.09 Percent Stake Sale
Reliance said its retail arm had completed its fundraising exercise as more than half a dozen investors poured Rs. 47,200 crores into a 10.09 percent stake in the company in two months.
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Twitter Board Backs CEO Jack Dorsey Following Ouster Bid by Activist Investor
Twitter's board said Jack Dorsey will remain chief after a management review prompted by an activist investor's effort to push him out of the job.
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Reliance Retail to Receive Additional Rs. 1,875-Crore Investment From Silver Lake Co-Investors
Reliance Industries and Reliance Retail announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into the company’s retail subsidiary.
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Middle East Funds Eye Stakes in Reliance Retail: Report
Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF), are in talks to buy stakes in the retail arm of Indian billionaire Mukesh Ambani's Reliance Industries Ltd, the Financial Times reported on Wednesday.
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Reliance Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
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Intel-Jio Deal: Intel Capital to Invest Rs. 1,894.50 Crores in Jio Platforms
Reliance Industries and Jio Platforms on Friday announced that Intel Capital will invest Rs. 1,894.50 crores in Jio Platforms at an equity value of Rs. 4.91 lakh crores and an enterprise value of Rs. 5.16 lakh crores.
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Silver Lake, Co-Investors to Put Extra Rs. 4,547 Crores in Jio Platforms
Reliance Industries late on Friday said US private equity fund Silver Lake and its co-investors will invest an additional Rs. 4,546.80 crores in the company's digital unit Jio Platforms.
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Jio Platforms Gets Rs. 9,093.60 Crore Investment From Abu Dhabi's Mubadala Sovereign Investor
Reliance Industries said on Friday that Abu Dhabi state fund Mubadala Investment Company will buy a 1.85 percent stake in its digital unit, Jio Platforms, for Rs. 9,093.60 crores.
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Abu Dhabi State Fund, Twitter Said to Be in Talks to Invest in Jio
Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate's Jio platforms, three sources told Reuters. Twitter is separately also in talks with Mumbai-based Reliance to invest more than $1 billion in the digital startup.
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Fundraising Spree for Reliance's Jio Platforms Values It at $65 Billion
Reliance Industries, controlled by Asia's richest man Mukesh Ambani, was worth about $129 billion (roughly Rs. 9.87 lakh crores) as of Thursday's close. Jio Platforms' valuation puts it just ahead of the combined value of the conglomerate's oil, gas, and other businesses.
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What Is Silver Lake, the US-Based Private Equity Firm Investing in Reliance Jio
Jio will be receiving yet another significant investment, just weeks after Facebook invested Rs. 43,574 crores in Jio platforms. This time, the Rs. 5,656 crores investment is coming from American private equity firm Silver Laker that invests in technology related industries.
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Jio Gets Rs. 5,656 Crores Investment From PE Giant Silver Lake
Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest Rs. 5,656 crores in its digital arm, giving it a valuation of Rs. 4.90 lakh crores.
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Water Use Plummets in Drought-Plagued California
Mandatory water-saving measures in place to fight California's historic drought have produced a sizeable drop in consumption over the past two months, regulators said Thursday.
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Artist Gives LA Motel a 'Ghostly' Makeover
Lamouroux used an environmentally friendly limewash to cover the so-called Bates Motel, including several towering palm trees and the fence around the rundown property.
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Dell committee and buyout group close to deal: Report
Dell's special committee and the buyout group led Michael Dell are close to an agreement that would help clear passage of the deal.
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Reliance Retail Closes Over Rs. 47,200-Crore Fundraising From 10.09 Percent Stake Sale
Reliance said its retail arm had completed its fundraising exercise as more than half a dozen investors poured Rs. 47,200 crores into a 10.09 percent stake in the company in two months.
-
Twitter Board Backs CEO Jack Dorsey Following Ouster Bid by Activist Investor
Twitter's board said Jack Dorsey will remain chief after a management review prompted by an activist investor's effort to push him out of the job.
-
Reliance Retail to Receive Additional Rs. 1,875-Crore Investment From Silver Lake Co-Investors
Reliance Industries and Reliance Retail announced on Wednesday that co-investors of Silver Lake will invest an additional Rs 1,875 crore into the company’s retail subsidiary.
-
Middle East Funds Eye Stakes in Reliance Retail: Report
Middle East sovereign wealth funds, including the Abu Dhabi Investment Authority (ADIA) and Saudi Arabia's Public Investment Fund (PIF), are in talks to buy stakes in the retail arm of Indian billionaire Mukesh Ambani's Reliance Industries Ltd, the Financial Times reported on Wednesday.
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Reliance Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
-
Intel-Jio Deal: Intel Capital to Invest Rs. 1,894.50 Crores in Jio Platforms
Reliance Industries and Jio Platforms on Friday announced that Intel Capital will invest Rs. 1,894.50 crores in Jio Platforms at an equity value of Rs. 4.91 lakh crores and an enterprise value of Rs. 5.16 lakh crores.
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Silver Lake, Co-Investors to Put Extra Rs. 4,547 Crores in Jio Platforms
Reliance Industries late on Friday said US private equity fund Silver Lake and its co-investors will invest an additional Rs. 4,546.80 crores in the company's digital unit Jio Platforms.
-
Jio Platforms Gets Rs. 9,093.60 Crore Investment From Abu Dhabi's Mubadala Sovereign Investor
Reliance Industries said on Friday that Abu Dhabi state fund Mubadala Investment Company will buy a 1.85 percent stake in its digital unit, Jio Platforms, for Rs. 9,093.60 crores.
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Abu Dhabi State Fund, Twitter Said to Be in Talks to Invest in Jio
Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate's Jio platforms, three sources told Reuters. Twitter is separately also in talks with Mumbai-based Reliance to invest more than $1 billion in the digital startup.
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Fundraising Spree for Reliance's Jio Platforms Values It at $65 Billion
Reliance Industries, controlled by Asia's richest man Mukesh Ambani, was worth about $129 billion (roughly Rs. 9.87 lakh crores) as of Thursday's close. Jio Platforms' valuation puts it just ahead of the combined value of the conglomerate's oil, gas, and other businesses.
-
What Is Silver Lake, the US-Based Private Equity Firm Investing in Reliance Jio
Jio will be receiving yet another significant investment, just weeks after Facebook invested Rs. 43,574 crores in Jio platforms. This time, the Rs. 5,656 crores investment is coming from American private equity firm Silver Laker that invests in technology related industries.
-
Jio Gets Rs. 5,656 Crores Investment From PE Giant Silver Lake
Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest Rs. 5,656 crores in its digital arm, giving it a valuation of Rs. 4.90 lakh crores.
-
Water Use Plummets in Drought-Plagued California
Mandatory water-saving measures in place to fight California's historic drought have produced a sizeable drop in consumption over the past two months, regulators said Thursday.
-
Artist Gives LA Motel a 'Ghostly' Makeover
Lamouroux used an environmentally friendly limewash to cover the so-called Bates Motel, including several towering palm trees and the fence around the rundown property.
-
Dell committee and buyout group close to deal: Report
Dell's special committee and the buyout group led Michael Dell are close to an agreement that would help clear passage of the deal.
