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Reliance Industries selling 17% stake in Jio Platforms in one month to help pare half its net debt: Moody's
•Reliance Industries selling over 17 percent stake in its digital unit Jio Platforms for a combined Rs 78,562 crore in one month will help pare about half of its net debt of Rs 1.61 lakh crore, Moody's Investors Service said on Friday
KKR-Reliance Jio Platforms deal: All you need to know about the US-based private equity firm
Fp Staff •Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms
KKR will invest Rs 11,367 cr into Reliance Jio Platforms: Key takeaways from the deal with global PE firm
Fp Staff •KKR will invest Rs 11,367 crore into Jio Platforms: Key takeaways from the deal with global PE firm
Will look for more digital, tech-driven investments in India, says Sanjay Nayar of KKR
Fp Staff •KKR will be investing Rs 11,367 crore in Jio Platforms for a 2.32 percent stake. This is KKR's largest investment in Asia.
KKR to invest Rs 11,367 cr in Reliance Jio for 2.32% stake, fifth deal in less than a month
Fp Staff •With the latest deal, Reliance Jio Platforms will get a combined Rs 78,562 crore from the five investments.
Reliance strikes 5th deal, sells 2.32% in Jio Platforms for Rs 11,367 cr to US PE giant KKR
•KKR is making the investment from its Asia private equity and growth technology funds.
Funding by General Atlantic, Facebook, others to position Jio as tech player not just telco: Analysts
•Recent investments by Facebook, General Atlantic, Vista and Silver Lake will re-position Jio as a major tech player rather than just a telecom service provider, analysts said on Monday
Jio is uniquely positioned to democratise data and digital services, says General Atlantic's Sandeep Naik
Ashwin Mohan •General Atlantic announced an investment of Rs 6,598 crore to pick up a 1.34 percent stake in Jio Platforms, valuing the latter at Rs 4.91 lakh crores
Reliance Industries shares gain nearly 2% after company announces over Rs 6,500 deal with General Atlantic
•Shares of Reliance Industries on Monday gained nearly 2 percent after the company announced the sale of 1.34 percent stake in its digital unit to global equity firm General Atlantic for Rs 6,598.38 crore
Reliance Jio sells 1.34% stake to General Atlantic for Rs 6,598 crore, in fourth such stake sale in four weeks
Fp Staff •