Search Results for: Cyrus Investments

Backlash over Reliance Jio's decision to charge voice calls

Reliance says Silver Lake, co-investors to invest extra Rs 4,546.80 cr for total 2.08% stake

Silver Lake's new investment gives Jio Platforms — which houses Reliance's telecoms arm Jio Infocomm and its music and video streaming apps — an enterprise value of 5.16 trillion rupees, Reliance said in a regulatory filing, and takes Silver Lake's stake to 2.08% from just over 1%.

Jun 6, 2020

Donald Trump issues memorandum to protect US investors from Chinese companies

The memorandum was issued to Secretary of State Mike Pompeo and other members of the top national security leadership.

Jun 5, 2020

After Facebook and Silver Lake, Abu Dhabi-based Mubadala invests Rs 9,093 cr in Jio Platforms

The Abu Dhabi-based sovereign investor, will invest Rs 9,093.60 crore in Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

Jun 5, 2020

Amazon in talks to buy $2 billion stake in Indian telco Bharti Airtel

Amazon counts India as a crucial growth market where it has committed $6.5 billion in investments mainly toward expanding its e-commerce footprint.

Jun 4, 2020

CIBIL score meaning and importance explained; Guaranteed ways to increase your credit rating

CIBIL Score is a three-digit numeric summary of your credit history and a rating above 700 is generally considered good. However, there are some guaranteed ways to boost or increase your CIBIL score.

Jun 4, 2020

Vijay Mallya to be flown to India soon; to be lodged in Mumbai Arthur Road jail

The fugitive Indian businessman had lost his appeal against the extradition in UK court on May 14, leading way for Indian authorities to bring him back to the country.

Jun 3, 2020

CBDT notifies modified IT return forms for Financial Year 2019-20

The Central Board of Direct Taxes (CBDT) has notified new Income Tax Return Forms for the Assessment Year 2020-21 or the financial year 2019-20. The modifications come in the backdrop of the coronavirus pandemic.

May 31, 2020

Here's why Google is mulling stake in debt laden Vodafone Idea

As per the order of the Supreme Court, Vodafone Idea owes as much as Rs 54,000 crore in adjusted gross revenue (AGR) dues to the government.

May 29, 2020

Modi govt likely to object to ordinances by UP, Gujarat and other states to scrap labour laws

With the labour ministry's objections, it is highly unlikely that the ordinances by the state governments will be approved by the Centre. The development has come days after the International Labour Organisation took up the matter with Prime Minister Narendra Modi.

May 27, 2020

Reliance launches Jiomart: New online grocery service challenges Amazon, Flipkart

JioMart, the e-commerce venture of Reliance's retail arm, offers free express grocery delivery from neighbourhood mom-and-pop stores.

May 24, 2020

Miley Cyrus dresses up boyfriend Cody Simpson in sexy stockings in new music video [Watch]

Cyrus directed Simpson's new music video for "Captain's Dance with the Devil" from her Malibu mansion and the Australian singer plays a teen drug addict, a man living outside societal norms.

May 23, 2020

Mukesh Ambani, Chairman and Managing Director of Reliance Industries, smiles as he attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 23, 2018.

Private equity firm KKR to invest Rs 11,367 crore in Reliance Jio for 2.32% stake

Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, announced on Friday that US private equity fund, KKR will invest Rs 11,367 crore into Jio Platforms.

May 22, 2020

Aditya Birla Sun Life Mutual Fund temporarily suspends new entrants into two debt funds from May 22: Here's why

Acceptance of a fresh subscription or switch-in application to Aditya Birla Sun Life (ABSL) medium-term plan and ABSL credit risk fund, SIP, CSIP and STP is temporarily suspended from May 22 until further notice. However, no restrictions on redemptions are being imposed, it will continue as usual.

May 21, 2020

Bill to delist Chinese cos. from exchange passed in US senate; will Modi government follow?

The bill that was introduced by Republican Senator John Kennedy, and a Democrat Chris Van Hollen from Maryland was overwhelmingly passed in the upper chamber of the United States Congress.