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Wednesday, October 1, 2025
TopicReliance Retail

Topic: Reliance Retail

Reliance Retail gets $1 billion from Silver Lake for 1.75% stake

Reliance announced on 9 Sept that the California-based private equity firm with stakes in technology-related companies will pay the amount as part of the deal.

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.

Reliance Retail buys majority stake in Netmeds for Rs 620 crore

The investment represents 60 per cent holding in the equity share capital of Netmeds' parent company, Vitalic Health and 100 percent direct equity ownership of its subsidiaries.

Where in India the new jobs will come from over the next 5 years

In this excerpt from Raghavan Jagannathan's book, the world is moving increasingly towards a gig-economy and offering jobs on a contract basis.

On Camera

Jana Sangh leader VK Malhotra brought Advani to Delhi, kept the party afloat after 1984 setback

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.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

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.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

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.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

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.