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KKR to invest Rs 5,500 crore in Reliance Retail Ventures

Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced that global investment firm KKR will invest Rs 5,550 crore into RRVL, a subsidiary of Reliance Industries.

iWorld Over The Top Services
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L&T tops the charts on following on LinkedIn

Larsen & Toubro, India’s leading EPC projects, manufacturing, defence and services conglomerate, has topped the LinkedIn in terms of most followed Indian conglomerate, leaving behind Reliance Industries, Aditya Birla Group, Tata Group and Adani Group.

iWorld Over The Top Services
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Hathway reports higher profits despite lower revenue

The Mukesh Dhirubhai Ambani-controlled MSO and broadband internet services provider Hathway Cable and Datacom Ltd (Hathway) reported consolidated profit after tax (PAT) at Rs 66.06 crore for the quarter ended 30 June 2020.

Cable TV Multi System Operators
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Google to invest Rs 33,737 cr in Jio Platforms for 7.7% stake

KOLKATA: Putting an end to the speculations floating around, Jio has welcomed Google as its new strategic partner. At the 43rd annual general meeting of Reliance Industries Ltd (RIL), CMD Mukesh Ambani made the announcement. The business tycoon said that Google will invest Rs 33,737 crore for 7.7...

iWorld Telecom
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Saudi Arabia's Public Investment Fund to invest Rs 11,367 cr in Jio Platforms

MUMBAI: Reliance Industries Limited (“Reliance Industries”) and Jio Platforms Limited (“Jio Platforms”), India’s leading digital services platform, today announced an investment of Rs 11,367 crore by The Public Investment Fund (“PIF”). This investment values Jio Platforms at an equity value of Rs 4...

iWorld Telecom

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