Reliance Capital

The Reserve Bank of India said on Monday it had superseded the board of directors of non-banking financial company Reliance Capital.

So far, BP ventures only has one Indian investment - it put $13 million into EV ride-hailing firm BluSmart in September

Reliance Retail acquired a majority 52 per cent stake in pioneering designer Ritu Kumar's label, which includes buying out 35 per cent stake held by Everstone Capital in Ritika Privat Limited-the company that owns Ritu Kumar brands.

Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said.

Most of India's grocery retail happens at kiranas - small- and mid-sized mom-and-pop outlets which account for 75-78 per cent of the consumer goods market, Ambit Capital estimates

The total amount of outstanding borrowings from banks and financial institutions works out to Rs 700.76 crore, including accrued interest up to December 31, Reliance Capital said

The Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore, and Singapore's sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore in Reliance Retail Ventures.

Billionaire Mukesh Ambani-led Reliance Industries on Saturday announced investments worth Rs 7,350 crore from global investment firms in its retail arm, Reliance Retail Ventures. TPG Capital Management will buy a 0.41 per cent stake in Reliance Retail Ventures for Rs 1,837.5 crore, and GIC will take 1.22 per cent for Rs 5,512.5 crore Reliance Indus...

The investments in Reliance Retail give the company a pre-money equity value of Rs 4.285 lakh crore ($58.47 billion), Reliance Industries said.

Reliance Industries Ltd (RIL) said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs. 7,350 crore (about $1 billion) in its retail unit.

The country's most valued company - Reliance Industries - market capitalization topped Rs 14 lakh crore.

The plan to raise fresh capital also comes as the country's third largest telecom operator grapples with an erosion in subscriber base due to a price war triggered by Reliance Industries' telecoms venture, Jio Infocomm.

The investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, including Netmeds.

The sale of more than 25 per cent in Jio Platforms along with a rights issue worth over Rs 53,000 crore have helped Reliance Industries become net debt-free much earlier than its target of March 2021.

Domestic stock markets were trading in the green, albeit off intra-highs, as gains in auto and information technology stocks were offset by losses in financials.

The Reserve Bank of India said on Monday it had superseded the board of directors of non-banking financial company Reliance Capital.

So far, BP ventures only has one Indian investment - it put $13 million into EV ride-hailing firm BluSmart in September

Reliance Retail acquired a majority 52 per cent stake in pioneering designer Ritu Kumar's label, which includes buying out 35 per cent stake held by Everstone Capital in Ritika Privat Limited-the company that owns Ritu Kumar brands.

Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said.

Most of India's grocery retail happens at kiranas - small- and mid-sized mom-and-pop outlets which account for 75-78 per cent of the consumer goods market, Ambit Capital estimates

The total amount of outstanding borrowings from banks and financial institutions works out to Rs 700.76 crore, including accrued interest up to December 31, Reliance Capital said

The Abu Dhabi-based state fund Mubadala invested Rs 6,247.5 crore, and Singapore's sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs 7,350 crore in Reliance Retail Ventures.

Billionaire Mukesh Ambani-led Reliance Industries on Saturday announced investments worth Rs 7,350 crore from global investment firms in its retail arm, Reliance Retail Ventures. TPG Capital Management will buy a 0.41 per cent stake in Reliance Retail Ventures for Rs 1,837.5 crore, and GIC will take 1.22 per cent for Rs 5,512.5 crore Reliance Indus...

The investments in Reliance Retail give the company a pre-money equity value of Rs 4.285 lakh crore ($58.47 billion), Reliance Industries said.

Reliance Industries Ltd (RIL) said on Saturday Singapore sovereign wealth fund GIC and global private equity firm TPG Capital invested a combined Rs. 7,350 crore (about $1 billion) in its retail unit.

The country's most valued company - Reliance Industries - market capitalization topped Rs 14 lakh crore.

The plan to raise fresh capital also comes as the country's third largest telecom operator grapples with an erosion in subscriber base due to a price war triggered by Reliance Industries' telecoms venture, Jio Infocomm.

The investment represents 60 per cent holding in the equity share capital of Vitalic and 100 per cent direct equity ownership of its subsidiaries, including Netmeds.

The sale of more than 25 per cent in Jio Platforms along with a rights issue worth over Rs 53,000 crore have helped Reliance Industries become net debt-free much earlier than its target of March 2021.

Domestic stock markets were trading in the green, albeit off intra-highs, as gains in auto and information technology stocks were offset by losses in financials.