Carlyle & SoftBank have expressed interest in investing in Reliance Retail but have been asked to wait as Reliance is already in talks with other investors.
It is now only behind Saudi Aramco. Reliance added $8 billion Friday to take its market value to $189 billion, while Exxon Mobil erased about $1 billion.
Reliance's market valuation crossed Rs 11 lakh crore in the previous session after Ambani announced that his oil-to-telecom conglomerate had become net debt-free.
Ten firms including Facebook, General Atlantic, Silver Lake Partners and KKR & Co. poured a total $15.2 billion into Reliance Jio, pending regulatory clearances.
Mukesh Ambani, who made a pledge to shareholders in August to slash group’s net debt to zero within 18 months, went on a fundraising spree starting April.
The proposal would be the third fund-raising announced by company in recent weeks, underscoring Mukesh Ambani’s confidence despite a pandemic that’s slammed the oil industry.
Unlike his colleagues from the time of the BJS, several of whom became governors and held other constitutional posts, Malhotra chose to lead a quiet and simple retired life after the massive 2014 victory of the BJP.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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