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Top headlines: EPFO to pay in instalments, Silver Lake to invest in RIL

Business Standard brings you the top headlines of the day

Reliance Fresh
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KKR & Co. is in advanced talks to invest at least $1 billion in the retail business of Indian billionaire Mukesh Ambani, according to people familiar with the matter

BS Web Team New Delhi
EPFO to pay 8.5% interest for FY20 in two instalments, cites Covid impact
The Employees’ Provident Fund Organsation (EPFO) decided on Wednesday to credit interest rate to formal sector workers for 2019-20 in a staggered manner, citing the coronavirus pandemic’s impact on its income. The EPFO will credit 8.15 per cent to its subscribers for 2019-20 for now: significantly lower than 8.5 per cent it had decided upon in March. Read More...

Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more
The Rs 7,500-crore investment by private equity (PE) firm Silver Lake in Reliance Retail and