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Global software consultancy firm ThoughtWorks raises $720 million, valuation hits $4.5 billion

Global software consultancy provider ThoughtWorks on Friday announced it has raised $720 million at…

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Reliance Industries shares close flat

Earlier in the day, Reliance Industries announced the sale of 1.85 per cent stake in its digital u…

PTI   


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2 mins read

'The shopping list is being readied': Saudi Arabia and Abu Dhabi are scouting for cheap investments after the coronavirus sell-off

Saudi's Public Investment Fund, Abu Dhabi's Mubadala, and other sovereign wealth funds in the regio…

Theron Mohamed   


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Chip-maker Intel in talks to acquire GlobalFoundries for $30 billion, says Wall Street Journal Report

Both GlobalFoundries and Intel (which have a market value of nearly $225 billion) have denied …

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Mukesh Ambani says Reliance is net debt-free 9 months before the deadline – share price jumps almost 7%

Reliance’s share price jumped by 6.5% on Friday to ₹1,763. Reliance has raised a total of ₹1…

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3 mins read

Reliance Retail secures $750 million from ADIA – Mukesh Ambani has now raised over $5 billion for retail alone

The Abu Dhabi Investment Authority has invested ₹5,512.50 crore in Mukesh Ambani’s Reliance Retail.…

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Sensex rallies over 350 pts in early trade; RIL jumps 2 pc

Shares of Reliance Industries (RIL) surged around 2 per cent after the company announced the sale …

PTI   


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Reliance Jio gets ₹1894.5 crore from Intel Capital – the 12th investment in 11 weeks

Reliance Jio has announced its 12th investment – ₹1894.5 crore ($253.5 million) from Intel Capital …

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Saudi Arabia's PIF buys 2.32% stake in Jio for Rs 11,367 crore

New Delhi, Jun 18 () Saudi Arabia's wealth fund Public Investment Fund (PIF) has bought a 2.32 per …

PTI   


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Waymo just announced a massive $2.25 billion funding round - the self-driving car company's first-ever raise from outside investors

"Today, we're expanding that team, adding financial investors and important strategic partners who …

Matthew DeBord   


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TPG, L Catterton pick up 1.32% stake in Jio Platforms for Rs 6441.3 crore

In a separate statement soon after, the company said L Catterton, one of the world's largest consu…

PTI   


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SoftBank reportedly considered a big move to take the company private before settling on a plan to sell off billions in assets

Son reportedly held talks to explore a leveraged buyout with investors including Abu Dhabi's sovere…

Bani Sapra   


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Peridot Acquisition Corp. surges as SPAC set to merge with battery recycler Li-Cycle

Peridot Acquisition Corp. will merge with battery recycler Li-Cycle, sending shares of the blank-ch…

Carla Mozée   


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3 mins read

Reliance raises ₹5,683 crore from AIDA - 8th deal for Jio Platforms in less than seven weeks

Reliance Industries on Sunday said it sold 1.16 per cent stake in its digital unit to Abu Dhabi Inv…

PTI   


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Billionaire Richard Branson's Virgin Orbit has reportedly hired bankers to go public via SPAC merger

Billionaire Richard Branson is aiming for a $3 billion valuation, banking on Virgin Orbit's success…

Isabelle Lee   


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3 mins read

Troy Wolverton   


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3 mins read

How the 27-year-old CEO of delivery app Glovo targeted Uber Eats' weak spots to hit a $1 billion valuation

Speaking to Business Insider, Pierre said he hoped Glovo will become the app customers use to get "…

Martin Coulter   


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Reliance share price soars as Mukesh Ambani continues with his fundraising blitzkrieg for retail venture

Reliance is on a roll again as its share price rose by almost 4% on Wednesday morning. As of 11.30 …

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2 mins read

The UFC's majority owner Endeavor is eyeing a valuation of over $10 billion for its upcoming IPO

Endeavor is selling 21.3 million shares between $23 and $24 per share in hopes of raising $511.2 mi…

Will Daniel   


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Reliance Industries shares jump nearly 3 pc on AIDA deal

"This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise v…

PTI