Page 27 - Reliance Retail

Factbox: Reliance raises $22.43 bn from stake sales at retail, digital arms

Reliance Industries has raised Rs 1.65 trillion over the past few months through stake sales at its digital unit Jio Platforms and its retail arm Reliance Retail Ventures

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

Earlier, Silver Lake had invested Rs 7,500 cr into Reliance Retail Ventures, valuing the business at about Rs 4.2 trillion

RIL soars 3% as KKR to pick 1.28% stake in Reliance Retail for Rs 5,550 cr

This marks the second investment by KKR in a Reliance subsidiary following Rs 11,367 crore-investment in Jio Platforms announced earlier this year

Amazon, Samara Capital invest Rs 275 cr in supermarket chain More's parent

Witzig has allotted a total of 193 million equity shares to the investors to raise this capital at a premium of Rs 4.28 per share and paid-up capital of Rs 10 per share

Silver Lake bets big on marquees as it grows its pool of India investments

US-based global technology fund has already committed to over $2 billion investment in the country this year

Carlyle, SoftBank put on waiting list for Reliance Retail stake: Report

Reliance Industries plans to sell about a 10% stake in Reliance Retail to financial investors and almost all the $5.7 billion worth of shares have been taken up

Top headlines: Carlyle, SoftBank on waiting list for Reliance Retail stake

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For big tech, all roads to India's digital space seem to go through Ambani

The 63-year-old Indian tycoon has identified technology and retail as future growth areas in a pivot away from the energy businesses he inherited from his father

Mukesh Ambani's $2 chutzpah unlocks another fortune for Reliance Industries

In four years, the Indian billionaire has amassed roughly 400 million customers for his mobile data business

Analysts positive on retail sector post Reliance Retail-Silver Lake deal

With RIL's retail arm, Reliance Retail, sealing its first stake sale deal with Silver Lake, analysts see the sector consolidating yet growing going forward

Reliance to offer $20-bn stake in retail business to Amazon: Report

Amazon hasn't made any final decision on the size of its potential investment, says Bloomberg

Reliance Industries becomes first Indian firm to top $200 bn market cap

TCS is a distant second with market cap of $119 bn; Meanwhile, Mukesh Ambani cements his place as richest man in Asia, seventh-richest globally. His wealth surged by $24.4 bn this year to $83 billion

Stake sale in retail arm to help RIL to pursue growth initiatives: Analysts

RIL stake sale in retail arm will enable it to pursue other growth initiatives while maintaining zero net debt status and also help solidify its position in the market, global rating agencies said

Top headlines: RIL offers Amazon stake in retail arm, SC relief on NPAs

From Reliance reportedly in talks to sell stake in retail to Amazon, IAF inducting Rafales to Serum Institute pausing Covid vaccine trial, Business Standard brings you top news of the evening

Reliance offers Amazon $20-billion stake in retail arm: Report

The report comes a day after RIL announced that US private equity firm Silver Lake Partners would buy a 1.75 per cent stake in Reliance Retail for Rs 7,500 crore

In pictures: Top developments you should know about

Here's a quick look at latest updates on Indo-China front, RIL's retail arm, Rafale fighter jets and more

Middle East funds eye stakes worth over $750 mn in Reliance Retail: Report

The discussions come as Reliance earlier in the day said US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business

Silver Lake's Rs 7,500 cr investment in Reliance Retail sets stage for more

With KKR already said to be in talks for a $1 bn investment, other investors like Abu Dhabi Investment Authority and Mubadala could be next in line

Reliance Industries: Retail valuations may cap near term upsides for stock

The investment for a 1.75 per cent equity stake values the retail business at Rs 4.21 trillion

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

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