Saturday, 20 August, 2022
TopicKKR & Co

Topic: KKR & Co

Investors continue to flock Mukesh Ambani, now KKR to invest $754 million in Reliance Retail

US private equity group KKR will hold a 1.28% stake in Mukesh Ambani’s Reliance Retail, valuing India’s biggest retailer at Rs 4.2 lakh crore or $57 billion.

KKR in advanced talks to invest $1 billion in Reliance Retail

Private equity firm KKR & Co. could invest as much as $1.5 billion. This could be another US investment after Silver Lake’s deal of Rs 75 billion.

How India is becoming an unlikely Asian hotspot for mergers & acquisitions

Thanks largely to $15 billion of investments in Jio, India accounts for more than 12% of announced deals in the Asia Pacific region so far this year.

Mukesh Ambani has lured $10 billion of investment into Jio in just one month

New York-based KKR & Co. Friday became the latest private equity firm to invest in Ambani's Jio Platforms Ltd and will pay Rs 11,367 crore for a 2.3% stake.

There’s just no stopping Mukesh Ambani as Jio gets Rs 11,367 crore from KKR now

US private equity giant KKR has picked up a 2.32% stake in Jio Platforms, its largest investment in Asia. This is also Jio’s fifth deal in four weeks.

US pvt equity firm KKR to acquire assets from stressed non-bank finance firms

The US private equity firm may spend as much as $270 million to purchase portfolios from local non-banking finance companies.

On Camera

YourTurn

Sir Ganga Ram hospital Consultants, Residents and DNB students hold placards during a protest in New Delhi, on 30 December 2021 | PTI

Distrust of Indian doctors isn’t new. Class-caste bias always ruled medical profession

As a practising doctor, I discovered large question marks on claims of a trustful patient-doctor relationship in the past. The routine dehumanisation of underprivileged patients remains a rarely mentioned topic.
Farmers plant paddy saplings in a field | PTI Photo

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

Defence

Representational image. A file photo of an Indian Air Force Cheetah helicopter. | Photo: Commons

IAF operation underway to rescue Italian mountaineer stranded on Mount Nun in Ladakh

The IAF deployed its ‘Cheetah’ helicopter to rescue mountaineer Federico Nicoli. Mount Nun is the second highest peak in the Zanskar Valley of Ladakh.
NI 13.08

Tiranga vs Tiranga: Gloves are off as Kejriwal joins the ‘nationalism’ battle with Modi

Kejriwal’s maun vrat on Modi has ended. This is an important turn in Indian politics. In some ways rivalling the dramatic turn in Bihar.
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