Reliance Industries’ Jio Platforms digital unit attracted yet another investment from global investment firm TPG and PE L Catterton. Thanks to these investments, the mega telecommunications company has so far raised Rs.1.04 crore lakh and sold a 22.38% stake. TPG will invest…
read moreReliance Industries Limited and Jio Platforms Limited, India’s main digital services platform, announced that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest rupees. Rs 9,093.60 crore on Jio platforms with a capital of Rs. 4.91 lakh crore and a commercial…
read moreReliance Industries Limited announced today that it has successfully closed the biggest rights issue in India of Rs 53,124.20 crore. It has been subscribed approximately 1.59 times, accumulating a global commitment of more than Rs.84000 cr. The rights offering has attracted strong…
read moreReliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, announced today that KKR will invest rupees. Rs 11,367 million on Jio platforms. This transaction values Jio platforms with a capital value of Rs.4.91 lakh crore and a company value…
read moreReliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, today announced an investment of Rs 6,598.38 crore from General Atlantic, a leading global growth company. This investment values the Jio platforms at a net value of Rs 4.91 lakh…
read moreReliance Industries Limited and Jio Platforms Limited announced today that Vista Equity Partners will invest rupees. Rs 11.367 million on Jio platforms. This investment values the Jio platforms at a capital value of Rs. 4.91 lakh crore and a commercial value of…
read moreReliance Industries Ltd (RIL) has designated nine investment banks for its planned Rs. 53 215 million rupees ($ 7 billion) rights issue. These Banks designated to manage India’s biggest stock sale include foreign banks Citigroup and Morgan Stanley and domestic bankers Kotak…
read moreCash Cow, in business parlance, is a business that generates a constant return on profit that far exceeds the cash expenses necessary to buy or start up. Telecom behemoth Reliance #JIO sounds like cash cow for #RelianceIndustries. An analysis given below shows…
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