Thursday, May 21, 2020

'KKR to invest Rs 11k cr into Jio Platforms'

Jio Platforms has raised Rs 11,367 crore or $1.5 billion from US private equity firm KKR as the latest infusion will take the total capital raised by Mukesh Ambani’s telecom and digital services venture to about Rs 78,562 crore or $10.3 billion. The deal will give KKR, which has invested through its Asia and technology funds in the deal, a 2.32% stake.

from Times of India https://ift.tt/36s0uXx

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Haryana DSP tries to stop mining mafia truck in Aravalis, mowed down

A 59-year-old deputy superintendent of Haryana Police was mowed down by a truck carrying stones from an illegal mining site in the Aravalis ...