KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity
Global investment firm KKR will invest Rs 5,500 crore in Reliance Retail for 1.28 per cent equity share, Reliance Industries Limited said in a BSE filing on Wednesday. This marks the second investment by KKR in a Reliance subsidiary, following a Rs 11,367 crore investment in Jio Platforms announced earlier this year. KKR's investment values Reliance Retail at a pre-money equity value of Rs 4.21 trillion. Read More...
Govt panel suggests cash fertiliser subsidy of Rs 5,000 per year per farmer
The Commission for Agricultural Costs and