United States fund KKR to invest ₹2,000 crore in Reliance Retail to hike stake
Monday, 11 September 2023 Private equity firm KKR has announced plans to invest an additional Rs 2,070 crore in Reliance Retail Ventures, increasing its stake in the company to 1.42%. This investment values Reliance Retail at a pre-money equity value of Rs 8.36 lakh crore, making it one of the top four companies in India by equity value.
FDA Warns Companies to, Stop Selling Potentially Dangerous, , Unapproved Eye Drops.
Gizmodo reports that the United States Food and
Drug Administration (FDA) has warned several companies
to stop selling unapproved eye drop products.
On September 12, the FDA announced that it had
issued warning...
In 2020, Reliance Retail raised $5.71 billion by selling a 10.09% stake to investors including KKR, the Saudi Public Investment Fund, General Atlantic and the... DNA
Monday, 11 September 2023
