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.
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.
ICICI Bank on its part denied any conflict, saying it had not hired Avista Advisory Group run by Rajiv Kochhar, brother of Chanda Kochhar's husband Deepak, and did not pay any fee.
The last supported version of the popular browser on the older operating systems by Microsoft will be Firefox Version 52.
Yahoo is not shutting down or disappearing after the acquisition from Verizon. Instead of being in the lull with the acquisition, the company has launched a redesigned version of the once popular, Yahoo Messenger.
Is it possible to install an OS on a laptop with no CD/DVD ROM drive via a normal thumb drive? - Hassan
Many businesses say that there is no compelling reason for them to adopt Windows 8.
The new version changes a couple of things.