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Value Lens: Why Silver Lake-backed Reliance Retail towers over global biggies

Consumer

11 September, 2020

Value Lens: Why Silver Lake-backed Reliance Retail towers over global biggies

Reliance Industries Ltd’s retail unit will certainly surprise global brick-and-mortar giants in the segment with a relatively aggressive valuation. This becomes ......

Reliance approaches Jio Platforms' backers to invest in retail arm

Consumer

10 September, 2020

Reliance approaches Jio Platforms' backers to invest in retail arm

India's Reliance Industries Ltd has approached investors in its digital business about potentially buying stakes in its retail arm, two ......

After backing Jio, Silver Lake to invest $1 bn in Reliance Retail

Consumer

09 September, 2020

After backing Jio, Silver Lake to invest $1 bn in Reliance Retail

Reliance Industries Ltd said Wednesday private equity firm Silver Lake will invest Rs 7,500 crore ($1.02 billion) in its retail ......

Indian companies raise record $31 bn equity capital in shrinking economy

Markets

04 September, 2020

Indian companies raise record $31 bn equity capital in shrinking economy

Indian companies have raised a record $31 billion in equity capital in 2020, Refinitiv data showed, as banks strengthen their ......

GIC joins as co-investor in India's biggest PE deal

TMT

01 September, 2020

GIC joins as co-investor in India's biggest PE deal

Singaporean sovereign wealth fund GIC Pte Ltd said Tuesday it has teamed up with Canada’s Brookfield Asset Management Inc. and ......

Nifty, Sensex end lower after China border tensions; banks weigh

Markets

31 August, 2020

Nifty, Sensex end lower after China border tensions; banks weigh

Indian shares closed lower on Monday, snapping a streak of six straight sessions of gains, as a fresh border flare-up ......

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RIL is on a shopping spree but how does its M&A report card look like?

Consumer

31 August, 2020

RIL is on a shopping spree but how does its M&A report card look like?

For almost three decades after Reliance Industries Ltd went public in 1977, the Ambanis largely built their business organically—barring a ......

Future Group shares jump after Reliance deal for retail arm

Consumer

31 August, 2020

Future Group shares jump after Reliance deal for retail arm

Shares in Indian conglomerate Future Group's companies jumped on Monday after Reliance Industries Ltd said it would buy the group's ......

Reliance inks $3.4 bn deal to buy Future Group's retail, other biz

Consumer

29 August, 2020

Reliance inks $3.4 bn deal to buy Future Group's retail, other biz

Energy-to-telecoms giant Reliance Industries Ltd has agreed to acquire Kishore Biyani-led Future Group’s retail, wholesale, logistics and warehousing businesses for ......

Reliance Retail acquires majority stake in e-pharmacy Netmeds

TMT

19 August, 2020

Reliance Retail acquires majority stake in e-pharmacy Netmeds

Reliance Industries Ltd’s retail unit has purchased a majority stake in online pharmacy Netmeds for Rs 620 crore ($83 million) ......