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Abu Dhabi state fund, Twitter in talks to invest $1 bn in Jio Platforms

TMT

28 May, 2020

Abu Dhabi state fund, Twitter in talks to invest $1 bn in Jio Platforms

Abu Dhabi state fund Mubadala is in talks with Reliance Industries about investing around $1 billion in the Indian conglomerate's ......

Grapevine: Ravi Thakran exits L Catterton, KKR eyes Jio, Mahindra solar assets

General

21 May, 2020

Grapevine: Ravi Thakran exits L Catterton, KKR eyes Jio, Mahindra solar assets

Private equity veteran Ravi Thakran, who is the managing partner and chairman at consumer-focused PE firm L Catterton Asia Private, ......

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Microsoft may be scripting its biggest India investment

TMT

19 May, 2020

Microsoft may be scripting its biggest India investment

Microsoft Corp, the world's most-valued public company, is quietly sewing together what would be its single-biggest India investment as it ......

Nifty, Sensex rise on Bharti Airtel boost; banks fall

Markets

19 May, 2020

Nifty, Sensex rise on Bharti Airtel boost; banks fall

Indian shares ended higher on Tuesday after three days of losses, spurred by a surge in Bharti Airtel and optimism ......

General Atlantic to invest $870 mn in Reliance's Jio Platforms

TMT

17 May, 2020

General Atlantic to invest $870 mn in Reliance's Jio Platforms

Reliance Industries Ltd said on Sunday US-based private equity firm General Atlantic will invest Rs 6,598.38 crore ($870 million) in ......

Sensex, Nifty hammered as stimulus details fail to excite

Markets

14 May, 2020

Sensex, Nifty hammered as stimulus details fail to excite

Indian shares tumbled on Thursday after a poorly received initial stimulus from the government to aid coronavirus-hit businesses, while a ......

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India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Finance

13 May, 2020

India Inc's revenue, profit pain intensified in Jan-March even before lockdown

Corporate India’s financial performance began to worsen even before the economy faced the brunt of the lockdown due to the ......

Grapevine: Saudi fund, General Atlantic may back Jio; Medlife seeks funding

General

11 May, 2020

Grapevine: Saudi fund, General Atlantic may back Jio; Medlife seeks funding

Saudi Arabia’s $320 billion sovereign wealth fund and private equity firm General Atlantic are exploring options to invest in Mukesh ......

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

General

08 May, 2020

Grapevine: Biyani seeks Blackstone help to cut debt; Reliance may sell Asian Paints stake

Kishore Biyani’s Future Group has approached private equity (PE) firms, including its existing investor Blackstone, as it tries to reduce ......

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Markets

08 May, 2020

Sensex, Nifty rise on Reliance Industries boost, but end week sharply lower

Gains in Reliance Industries boosted Indian shares on Friday, but they ended the week sharply lower as coronavirus cases continued ......