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ADIA INVESTMENT IN JIO
11,983% profit! HFCL promoter’s Rs 10/share Jio bet may turn into Rs 5,800 crore windfallJio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generate...- Jio IPO: Meta, Google among 10 global investors that backed billionaire Mukesh Ambani’s digital giantWhile Reliance Industries remains firmly in control with a 66.43% stake, the shareholder register reads like a who's who of global technolo...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Investors may offload 252 million shares in Jio Platforms' IPOJio Platforms is preparing for a $4 billion IPO, offering a partial exit for its 14 global investors, including Meta and Google. The offer ...
- Jio Platforms likely to file DRHP in next few days for mega IPOJio Platforms is preparing for its Initial Public Offering. The company is expected to file its Draft Red Herring Prospectus soon. This off...
- ADIA, KKR book a $1.5b space in Reliance Retail warehouseADIA and KKR invest $1.5 billion in RRVL's warehousing assets, managed by RPPMSL. RRVL transfers assets to RLWH. Financial details include ...
- RIL's Jio Platforms receives Rs 33,737 crore from Google"We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, today received the su...
- Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund to invest $1b in Jio fibre assetsThe two sovereign wealth funds will invest Rs 3,779 crore each ($506 million) to acquire a total 51% in Digital Fibre Infrastructure Trust ...
- ADIA, PIF $1 billion investment for Jio’s fibre assets likely todayBoth ADIA and PIF have already invested $2.2 billion in Jio Platforms as part of its mega fund raising plans. They also invested in Relianc...
- RIL spikes 4% after bagging another cheque for retail armShares of Reliance Industries were trading up 3.57 per cent at Rs 2,289.10 on BSE.
- ADIA to invest Rs 5,512 crore in Reliance RetailReliance Retail has received Rs 37,710 crore from investors including US’ KKR & Co, private equity giant General Atlantic, technology inves...
- PIF, ADIA may invest $1 billion in RIL’s fibre InvITOver 48% of the InvIT—Digital Fibre Infrastructure Trust (DFIT)—will be owned by various RIL entities, with the rest being held by high net...
- RIL looks to sell 15 per cent in retail business to PEs, SWFs for ₹63,000 crWhile private equity fund Silver Lake is the first to come on board, other investors in Jio Platforms — Saudi Arabia’s Public Investment Fu...
- Middle East sovereign wealth funds in talks to buy stakes in Reliance Retail: ReportAdia is in discussions about an investment of $750 million at a valuation of roughly $57 billion, according to people familiar with the mat...
- Saudi Arabia's Public Investment Fund looks to invest up to $1 billion in Jio's fibre assetsADIA and PIF have contributed a total $2.2 billion to Jio Platform's $20.8 billion fundraise that saw 13 investors, led by Facebook, coming...
- ADIA redials RIL for another investment of $1 billion in Jio FibreADIA is expected to meet in next few days to review the investment and possibly take a call.
- Jio Platforms set to raise Rs 5683.50 crore from Abu Dhabi Investment Authority by selling 1.16% equity stakeThe investment pegs Jio Platforms’ equity value at Rs 4.91 lakh crore and enterprise value at Rs 5.16 lakh crore. With the latest tranche, ...
- RIL on a deal spree, gets eighth cheque for Jio PlatformsAbu Dhabi Investment Authority to buy 1.16% stake for Rs 5,683.50 crore.
- Mukesh Ambani nears deal with top sovereign funds from Middle East for JioAny new investment would add to the $10 billion that Jio Platforms has raised in recent weeks.
- Abu Dhabi Investment Authority in talks to invest in Jio platformsADIA follows Mubadala, the sister firm of the UAE’s largest sovereign wealth fund, which has already been in negotiations with Reliance Ind...
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