KalpanaPathak
Stories by KalpanaPathak
KKR picks 1.28% stake in India’s Reliance Retail Ventures for $750m
This marks the second investment by KKR in a subsidiary of RIL following a Rs11,367 crore investment in Jio Platforms announced earlier this year.
India: Silver Lake to invest $1b in Mukesh Ambani-led Reliance Retail
The investment values Reliance Retail at a pre-money equity value of Rs4.21 trillion.
India: Reliance Industries to spin off oil to chemicals biz into separate entity
The separation of the assets was planned as part of RIL’s target to sell 20% in its refining and chemicals business to Saudi Aramco.
India’s RIL offers 13 financial, strategic investors in Jio a slice of retail pie
These investors include Facebook, Google, KKR, Silver Lake and TPG.
Cash squeeze set to hit $70b Saudi Aramco JV in Maharashtra
The project was to be commissioned by 2022, but delay in acquiring land has pushed the deadline to 2025 and beyond.
India: Reliance expands healthcare portfolio with Netmeds deal
RIL will integrate its offline presence with its tech-enabled offerings to offer a bouquet of health services.
Reliance Retail acquires Indian online pharmacy Netmeds for $83m
The investment represents 60% holding in the equity share capital of Vitalic Health and 100% direct equity ownership of its subsidiaries.
India: Amazon, Reliance bet big on e-pharmacies
The sector is also expected to cause a disruption in the pharmaceutical distribution model.
RIL-Aramco mega deal in India faces valuation hurdles
Aramco was to pick up a 20 per cent stake in the company’s oil and chemicals business for $15 billion.
Saudi Aramco is still working on deal to invest $15b in India’s RIL
Discussions are still on to buy a stake in oil-to-chemicals business, says Aramco CEO.
