Top headlines: Reliance Retail-KKR deal, cash fertiliser subsidy proposed

From KKR-Reliance deal, residential property deals on the slide to passage of labour reform bills, Business Standard brings you top news of the evening

KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity

Global investment firm KKR will invest Rs 5,500 crore in Reliance Retail for 1.28 per cent equity share, Reliance Industries Limited said in a BSE filing on Wednesday. This marks the second investment by KKR in a Reliance subsidiary, following a Rs 11,367 crore investment in Jio Platforms announced earlier this year. KKR's investment values Reliance Retail at a pre-money equity value of Rs 4.21 trillion. Read More...

Govt panel suggests cash fertiliser subsidy of Rs 5,000 per year per farmer

The Commission for Agricultural Costs and