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KKR to invest $250 million...

Global investment firm KKR & Co...

Stake: United States fund KKR...

MUMBAI: NYSE-listed KKR will invest an...

KKR to invest $250 million in Mukesh Ambani’s retail unit

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail unit that rivals global competitors including Amazon.com Inc and Walmart Inc in the world’s most populous nation.KKR’s follow-on investment will take its total equity stake to 1.42% in in Ambani’s Reliance Retail Ventures Ltd on a fully-diluted basis, the Mumbai-based firm said in an exchange filing Monday. In 2020, KKR had invested 55.50 billion rupees in the retail unit.The deal comes after Ambani told shareholders...
Karl Jörg -
Business Profiles

KKR to invest...

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail...
Karl Jörg -
Business Profiles

Stake: United States...

MUMBAI: NYSE-listed KKR will invest an additional Rs 2,070 crore in Reliance Retail Ventures, increasing its stake to 1.42% from 1.17%. The investment...
Karl Jörg -
Sports

Shreyas Iyer a...

NEW DELHI: Who should be handed over Team India's captaincy baton once Rohit Sharma hangs up his boots? Undoubtedly, there will be many...
Karl Jörg -
Sports

IPL brand value...

The standalone brand value of the Indian Premier League (IPL) is pegged at US$3.2 billion in 2023, up by 80 per cent from...
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