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Princeton Digital scores $500 mn equity cheque led by UAE-based fund

TMT

22 February, 2022

Princeton Digital scores $500 mn equity cheque led by UAE-based fund

Data centre platform Princeton Digital Group (PDG) on Tuesday said it has closed an equity investment of $500 million (around ......

Sovereign funds seek to raise debt and equity as pandemic strains state budgets

Finance

29 October, 2020

Sovereign funds seek to raise debt and equity as pandemic strains state budgets

Sovereign wealth funds are seeking to raise funding via debt and equity markets as the coronavirus crisis and low commodity ......

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

Consumer

06 October, 2020

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

The Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore ($751.35 million at current exchange rates) in Reliance Retail ......

Reliance approaches Jio Platforms' backers to invest in retail arm

Consumer

10 September, 2020

Reliance approaches Jio Platforms' backers to invest in retail arm

India's Reliance Industries Ltd has approached investors in its digital business about potentially buying stakes in its retail arm, two ......

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms Ltd, ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery

Manufacturing

10 July, 2020

Mubadala outplays Essar to negotiate with Petrobras for Brazilian refinery

Abu Dhabi's investment fund Mubadala Investment Co will enter into exclusive talks with Petrobras to purchase Brazil's second-largest refinery, the ......

Apollo Global teams up with Mubadala for new direct lending platform

Finance

06 July, 2020

Apollo Global teams up with Mubadala for new direct lending platform

Apollo Global Management has formed a global credit platform which will aim to provide $12 billion in financing over the ......

Intel chips in with $253 mn for Reliance's Jio Platforms

TMT

03 July, 2020

Intel chips in with $253 mn for Reliance's Jio Platforms

Reliance Industries Ltd said on Friday that Intel Capital will invest Rs 1,894.50 crore ($253 million) in Jio Platforms Ltd, ......

Essar group bids for Brazil's second-largest oil refinery

Manufacturing

01 July, 2020

Essar group bids for Brazil's second-largest oil refinery

Indian conglomerate Essar Group made a binding offer to Brazil's Petroleo Brasileiro SA to buy the country's second largest oil ......