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Reliance pockets $1 bn from GIC, TPG for retail unit

Consumer

03 October, 2020

Reliance pockets $1 bn from GIC, TPG for retail unit

Singapore sovereign wealth fund GIC Pte Ltd and US-based private equity firm TPG will invest a total of Rs 7,350 ......

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Consumer

01 October, 2020

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Reliance Industries Ltd said Thursday Mubadala Investment Company will invest Rs 6,247.5 crore ($853 million) in Reliance Retail Ventures Ltd, ......

Asia M&A seen cementing rebound as techs, conglomerates step up restructuring

TMT

01 October, 2020

Asia M&A seen cementing rebound as techs, conglomerates step up restructuring

Asia-Pacific mergers and acquisitions are forecast by bankers to remain buoyant after surging 63% in the third quarter, driven by ......

Mubadala buys stake in Silver Lake, to invest $2 bn in 25-year strategy plan

Finance

30 September, 2020

Mubadala buys stake in Silver Lake, to invest $2 bn in 25-year strategy plan

Abu Dhabi sovereign wealth fund Mubadala Investment Co is investing $2 billion in a 25-year strategy plan led by U.S. ......

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Reliance looks to raise $2 bn via Jio fibre arm's InvIT offering

TMT

30 September, 2020

Reliance looks to raise $2 bn via Jio fibre arm's InvIT offering

Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) aims to raise Rs 14,706 crore ($2 billion) by offering units in an ......

General Atlantic to invest almost $500 mn in Reliance's retail arm

Consumer

30 September, 2020

General Atlantic to invest almost $500 mn in Reliance's retail arm

General Atlantic has become the third US-based private equity investor, after KKR & Co. Inc and Silver Lake Partners, to ......

Grapevine: Reliance in race to buy British retailer Debenhams

Consumer

24 September, 2020

Grapevine: Reliance in race to buy British retailer Debenhams

Billionaire Mukesh Ambani-led Reliance Retail has emerged as a surprise contender to acquire part or all of the 242-year-old UK-based ......

KKR to invest $755 mn in Reliance Retail Ventures

Consumer

23 September, 2020

KKR to invest $755 mn in Reliance Retail Ventures

Private equity giant KKR & Co. Inc, which recently struck its biggest Asia deal by investing in Reliance Industries Ltd’s ......

Flipkart gears up for overseas IPO, may target $50 bn valuation

TMT

16 September, 2020

Flipkart gears up for overseas IPO, may target $50 bn valuation

Walmart Inc-controlled Indian e-commerce firm Flipkart is preparing for an initial public offering overseas as early as 2021, which could ......

Flipkart to hire 70,000 in India ahead of big shopping event

TMT

15 September, 2020

Flipkart to hire 70,000 in India ahead of big shopping event

Walmart Inc's Flipkart said on Tuesday it would create 70,000 new jobs and employ many more as delivery partners and ......