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.
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.
Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.
It also witnessed participation from IAF, Andaman & Nicobar Command, and Coast Guard, indicating the high degree of interoperability among the services.
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