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Public Investment Fund

Saudi PIF seeks stake in Indian-origin businessman's UAE supermarket chain Lulu

Consumer

07 October, 2020

Saudi PIF seeks stake in Indian-origin businessman's UAE supermarket chain Lulu

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is in early discussions to buy a stake in supermarket...

Reliance approaches Jio Platforms' backers to invest in retail arm

Consumer

10 September, 2020

Reliance approaches Jio Platforms' backers to invest in retail arm

Indian oil-to-telecoms conglomerate Reliance Industries is offering to sell a roughly $20 billion stake in its retail arm to Amazon.com...

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

General

21 August, 2020

Grapevine: Saudi's PIF to invest in RIL InvIT; Lexington may buy IL&FS education arm

Saudi Arabia’s Public Investment Fund (PIF) has initiated discussions to invest up to $1 billion (Rs 7,495 crore) in Reliance...

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms...

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

Intel chips in with $253 mn for Reliance's Jio Platforms

TMT

03 July, 2020

Intel chips in with $253 mn for Reliance's Jio Platforms

Reliance Industries Ltd said on Friday that Intel Capital will invest Rs 1,894.50 crore ($253 million) in Jio Platforms Ltd, ......

Rainy day hastens sovereign wealth funds' refocus to home

Finance

26 June, 2020

Rainy day hastens sovereign wealth funds' refocus to home

Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign...

Abu Dhabi's Mubadala plans to grow Asia portfolio after backing Jio Platforms

Finance

22 June, 2020

Abu Dhabi's Mubadala plans to grow Asia portfolio after backing Jio Platforms

Abu Dhabi state investor Mubadala Investment Co is under-invested in Asia and plans to expand its portfolio in the region, ......

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

TMT

18 June, 2020

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

Reliance Industries Ltd said on Thursday Saudi Arabia’s Public Investment Fund (PIF) will invest Rs 11,367 crore ($1.5 billion)...

Premium
Sneak peek at the investment strategy of SoftBank-led $100 bn fund

General

14 October, 2016

Sneak peek at the investment strategy of SoftBank-led $100 bn fund

Softbank Vision Fund, a proposed fund floated by Japan’s SoftBank Group Corp along with Saudi sovereign fund, is looking at ......

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