Other recent investors in Jio Platforms are private-equity firms General Atlantic, Silver Lake, Vista Equity Partners, and KKR & Co Inc .
Around $4.6 billion, or 85 per cent of the total deals, invested was in Jio Platforms, the digital arm of Reliance Industries
Today, a total of 15 companies including DLF, PI Industries, and SRF are scheduled to announce their March quarter results
In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.
From oil prices hitting a three-month high, May Services PMI improving from shock collapse in April to Google facing class action lawsuit, here are the top headlines of the day
Abu Dhabi and Saudi groups slated to invest about $1 billion into Jio Platforms Ltd, says report
Reliance Industries Ltd's Rs 53,124 crore rights issue, which has already been oversubscribed, on Tuesday received further bids for 8.8 crore
Moody's affirmed the issuer rating of Reliance Industries but revised the outlook to negative from stable
A total of 18 companies, including the likes of Britannia, Indigo, and Motherson Sumi, are scheduled to announce their results today which will induce individual stock reactions
KPMG's exit from the mandate means the entire process will now start afresh, led by RInfra itself
Interestingly, all the 50 Nifty components have delivered positive gains during this period.
Tata group holds on to the top rank while Reliance climbs a spot; Indian Oil debuts in the top 10 list with a 41% jump in brand value
Price fixed at Rs 1,257, a discount of 17.3% to the last closing
Capacity has been scaled up to produce more than 100,000 PPE kits per day and cost has been slashed to nearly Rs 650 per unit from the about Rs 2,000 apiece imported price, they said
Adjusted net debt, however, at Rs 2.57 trillion is higher and would take longer to repay
Reliance Industries' mega rights issue was the first time the platform was tested
All that happened in the markets today
Senior staff of all the top groups have taken salary cuts up to 20 per cent to preserve jobs at the bottom of the pyramid.
In comparison PSU refiners were able to achieve 60%; RIL's oil-to-chemical biz can shift quickly from fuel to chemicals, domestic to exports
US-traded Chinese technology firms such as JD.com and NetEase are looking for an alternative home closer to the mainland in case tensions between Washington and Beijing escalate