Abu Dhabi Investment Authority to invest Rs 5,512.5 crore in RIL retail arm; joins Silver Lake, KKR among others
The investment by ADIA in Reliance Retail Ventures Limited in exchange for a 1.2 percent stake values the company, India’s largest retailer, at a pre-money equity value of Rs 4.285 lakh crore.
The investments value Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore. In less than three days, Reliance Industries has entered into five deals to sell stake in RRVL
Abu Dhabi fund Mubadala to invest Rs 9,093 cr in Jio Platforms; becomes sixth investor in Reliance Industries unit in as many weeks
The deals underline the status of Jio Platforms as a tech powerhouse and its ability to dominate India’s booming digital economy.
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
KKR is making the investment from its Asia private equity and growth technology funds.
With the latest deal, Reliance Jio Platforms will get a combined Rs 78,562 crore from the five investments.
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
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's new pre-paid plans: Offers work-from-home top-ups, annual plans with cheaper, additional data
Reliance Jio has brought three new "work-from-home" top-up plans that are available at the denominations of Rs 151 (30 GB), Rs 201 (40 GB) and Rs 251 (50 GB), which supplement usage once the daily limit is exhausted, as per the company's website.
Jio Platforms strikes third unit stake deal; raises $8 billion in two weeks post-Facebook, Silver Lake, Vista investment
Unlike traditional mobile carriers which depend on voice services to make money, Ambani has pitched Jio as a trailblazer tech company by offering cheap mobile data plans that helped hundreds of millions of Indians use the internet for the first time
RIL shares jump over 4% as Vista Equity Partners picks 2.32% stake in Jio Platforms for Rs 11,367 cr
Shares of Reliance Industries on Friday jumped over 4 percent after the company announced that US-based private equity firm Vista Equity Partners will buy a 2.32 percent stake in its digital unit, Jio Platforms, for Rs 11,367 crore
Reliance Industries to sell $750 million stake in Jio Platforms to Silver Lake, on track to cut debt
India’s Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest nearly $750 million in its digital arm, days after securing a $5.7 billion investment from Facebook Inc, boosting its efforts to cut debt
Reliance Jio-Silver Lake Rs 5,656 cr deal: Investment values Jio Platforms at enterprise value of Rs 5.15 lakh cr; other key highlights
Silver Lake - one of the world's largest tech investors - on Monday agreed to invest Rs 5,655.75 crore to buy a 1.15 percent stake in billionaire Mukesh Ambani's digital unit that houses India's youngest but biggest telecom firm
Silver Lake to invest in Reliance Jio: RIL is systematically bringing down debt getting strategic partners, says Edelweiss
Reliance Industries today said that private equity firm Silver Lake will invest Rs 5,655.75 crore in Reliance Jio Platforms, giving the technology subsidiary an equity value of Rs 4.9 lakh crore.
Reliance Industries shares fall over 3% after Q4 earnings; Silver Lake to invest Rs 5,655.75 cr in Reliance Jio
Reliance shares declined 3.22 percent to Rs 1,419.75 on the BSE.
The agreement will keep Jack Dorsey atop Twitter — at least for now — at a crucial time for the social network. It also avoids a potentially costly fight with Elliott, the $40-billion hedge fund that has successfully shaken up many corporate boardrooms