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Vista Equity Partners to invest Rs 11,367 crore in Jio Platforms

Vista’s investment will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis, making Vista the largest investor...

BMW launches 8 Series Gran Coupe, M8 Coupe in India

The BMW 8 Series Gran Coupe is powered by a 3-litre, 6-cylinder in-line BSVI petrol engine. This is the most luxurious sports coupe ever...

RIL raises Rs 60,596 crore from Jio Platforms stake sale to Facebook, Silver Lake, Vista Equity Partners

The latest deal puts the Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh...

Vista Equity Partners picks up 2.32 pc stake in Jio Platforms for Rs 11,367 cr: Statement

Vista's investment in Jio Platforms Limited will translate into a 2.32 per cent stake, which will make Vista the largest investor in Jio Platforms...

GSK offloads stake in Hindustan Unilever for over Rs 25,000 crore

The GSK sale, at an average price of Rs 1,905 per share, is the largest secondary market trade on Indian stock exchanges. GlaxoSmithKline Plc (GSK)...

Amazon weighs direct investment in Future Retail

Amazon, which holds an indirect stake of 1.3% in Future Retail, is in talks with the company’s parent Future Group over the potential stock...

HCL Tech Q4 net up 22.8% at Rs 3,154 crore

HCL Tech's revenue grew 16.3 per cent to Rs 18,590 crore in the quarter under review, from Rs 15,990 crore in the corresponding quarter...

Delhi HC allows Airtel to refile Jul-Sept 2017 GST returns

The fresh filing of GST for these months could give Bharti Airtel refunds of as much as Rs 923 crore, which the telco claims...

Fitch lowers Future Retail’s final rating to ‘CCC’ category

Kishore Biyani-owned FRL’s $500 million senior secured notes due in 2025 have been assigned a rating of ‘CCC+’ with a recovery rating of ‘RR4’,...

Yes Bank case: ED files chargesheet against Rana Kapoor

Kapoor and his family members allegedly got benefits worth Rs 4,300 crore through the companies controlled by them as kickbacks for sanctioning huge loans,...

Maruti introduces new norms for dealerships amid COVID-19 pandemic

"All our dealerships have put in place steps to ensure complete safety, hygiene and sanitisation of all touchpoints," MSI Managing Director and CEO Kenichi...

Bombay HC sets aside temporary bail of former IL&FS vice chairman

A single-judge Bench of Justice C V Bhadang heard a plea via videoconference filed by the Serious Fraud Investigation Office (SFIO), challenging the order...

Tata Steel leaves Indian Steel Association; T V Narendran steps down as President

Tata Steel CEO and Managing Director (MD) T V Narendran has also stepped down from the Presidentship of the Association, tenure of which was...

Hero MotoCorp restarts operations, carmakers prepare to get plants running

While a senior executive at Hyundai Motors said they will start their plant from May 6, Toyota Kirloskar Motors said they will begin plant...

Silver Lake picks 1.15% stake in Jio Platforms: How market experts reacted

The investment by Silver Lake is at a 12.5 per cent premium to the Facebook deal and puts the value of Jio Platforms at...

After Facebook, now Silver Lake to invest Rs 5,656 cr in Jio Platforms

The investment in Jio Platforms is at a 12.5 per cent premium to the Facebook deal and more such strategic and financial investments are...
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