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Livspace India business becomes ‘cash flow positive’

Livspace is expecting around 30% growth in its revenue during the 2023-24 financial year from around Rs 1,100 crore in the preceding fiscalNew Delhi: Home renovation platform Livspace has become "cash-flow positive" in India business on the back of...

Reliance Retail receives full subscription amount of Rs 2,069.50 cr from KKR, allots 1.71 cr shares

Following the share allotment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per centNew Delhi: Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount...

KKR to invest Rs 2,069 cr in Reliance Retail to hike stake to 1.42%

After this investment, KKR's shareholding in Reliance Retail Ventures Ltd (RRVL), the holding company of the retail business of billionaire Mukesh Ambani-led RIL, will increase to 1.42 per cent from 1.17 per centNew Delhi: Global investment firm KKR will...

Qatar Investment Authority to invest Rs 8,278 crore in Reliance Retail

RRVL, through its subsidiaries and associates, operates India's largest, retail business with an integrated omnichannel network of over 18,500 stores New Delhi: Reliance Industries on Wednesday announced that Qatar Investment Authority (QIA), through a wholly-owned subsidiary, will invest Rs 8,278...

Qatari fund in talks to invest $1 bn into Reliance Retail at $100 bn valuation

The Qatar Investment Authority (QIA) is “considering” to pick a minority 1% stake in holding firm Reliance Retail Ventures Ltd  New Delhi: Qatar’s sovereign fund is planning to invest $1 billion into Reliance Retail, valuing India’s largest retailer at a...

Reliance's retail arm receives Rs 5,550 crore from KKR for 1.28 pc stake sale

Reliance Industries Ltd (RIL) on Thursday said it has received Rs 5,550 crore from global investment firm KKR, which has picked up 1.28 percent stake in its retail arm. According to a PTI report: Earlier, on September 23, RIL had...

Reliance Retail asset monetization picks up pace

Retail asset monetization is picking up pace as private equity firm KKR announced a Rs 55.5 billion ($ 0.75 billion) investment in Reliance Retail for a 1.28 percent stake implying a pre-money equity value of US$ 57 billion. According to...

KKR to invest Rs 5,500 cr in Reliance Retail ventures

Reliance Industries Limited on Wednesday announced that global investment firm KKR will invest Rs 5,550 crore into its subsidiary Reliance Retail Ventures Limited to pick up 1.28 percent equity in the company. This investment values Reliance Retail at a pre-money...

In times of COVID-19 Manish Bhagat, Country Manager, Coty India has reason to smile

Hot on the heels of KKR investing in Coty Inc., Manish Bhagat, Country Manager, Coty India opens about his plans for Wella India. We caught up with him for an insight. News of Coty Inc. announcing the signing of a...

KKR to acquire majority stake in Coty Professional Beauty

Coty Inc. announced the signing of a Memorandum of Understanding (MOU) with global investment firm, KKR, for the sale of a majority in Coty’s Professional Beauty and Retail Hair business, including Wella Professionals, Clairol, OPI, and ghd brands (together...
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Snitch now introduces fresh designs every 25 days: Founder Siddharth Dungarwal

Siddharth Dungarwal, Founder of Snitch engages in a conversation with Rasul Bailay, Group Managing Editor of IMAGES Group, exploring...
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