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 will be investing Rs 11,367 crore in Jio Platforms for a 2.32 percent stake. This is KKR's largest investment in Asia.
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
KKR will invest Rs 11,367 crore into Jio Platforms: Key takeaways from the deal with global PE firm
With the latest deal, Reliance Jio Platforms will get a combined Rs 78,562 crore from the five investments.
The Saudi economy has been severely damaged by low oil prices, and policy makers are trying to diversify into new industries.
Centrum launches its maiden Rs 500 cr PE fund; to invest in FMCG, education tech, healthcare sectors
The fund has a life of 5 years with a 2-year extension and will focus on investing in the Indian consumption growth story
Several PE investors have appealed to the ministry to bring them at par with the Foreign Institutional Investors (FIIs) as far as tax treatment is concerned.