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Airbnb aims for $35 bn valuation in long-awaited IPO

TMT

02 December, 2020

Airbnb aims for $35 bn valuation in long-awaited IPO

Airbnb Inc said on Tuesday it is aiming for a valuation of up to $34.8 billion in its initial public ......

Reliance Retail completes fundraising, gets $6.4 bn

Consumer

20 November, 2020

Reliance Retail completes fundraising, gets $6.4 bn

India's Reliance Industries Ltd on Thursday said its retail arm had completed its fundraising exercise as more than half a ......

Wall Street banks see rare payday bonanza in India despite pandemic

Finance

22 October, 2020

Wall Street banks see rare payday bonanza in India despite pandemic

Major Wall Street banks in India raked in their second-highest fee income since the global financial crisis in the first ......

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Has PE dealmaking in India bottomed out after slumping to decade-low?

Finance

08 October, 2020

Has PE dealmaking in India bottomed out after slumping to decade-low?

The number of private equity deals in India increased for the first time in four quarters during the July-September period ......

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 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, ......

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 ......

Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

TMT

05 June, 2020

Abu Dhabi's Mubadala to invest $1.2 bn in Reliance's Jio Platforms, Silver Lake commits $600 mn more

Reliance Industries Ltd said on Friday Abu Dhabi-based Mubadala Investment Company will invest Rs 9,093.60 crore ($1.2 billion) in Jio ......

Why investors are betting on Reliance Jio and its giant-killer playbook

TMT

04 June, 2020

Why investors are betting on Reliance Jio and its giant-killer playbook

From its Silicon Valley-like campus near Mumbai, Indian billionaire Mukesh Ambani's Jio telecom carrier is emerging as a winner from ......