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As on Sep 26, 2020 12:00 AM Your results on : Hot Pursuit    
Reliance Retail receives Rs 7,500 cr from Silver Lake for 1.75% stake
26-Sep-2020 (17:56)
Reliance Retail Ventures has allotted equity shares to SLP Rainbow Holdings following which SLP Rainbow Holdings holds 1.75% of the fully diluted equity share capital of Reliance Retail Ventures, RIL said in a statement.

On 9 September 2020, RIL had announced that Silver Lake would invest Rs 7,500 crore in Reliance Retail Ventures at an equity value of Rs 4.21 lakh crore.

With more than $60 billion in combined assets under management and committed capital and a focus on the world's great tech and tech-enabled opportunities, Silver Lake is engaged in large-scale technology investing.

RIL is India's largest private sector company. Its activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and digital services.

The conglomerate reported a 31% jump in consolidated net profit to Rs 13,248 crore in Q1 June 2020 compared with Rs 10,141 crore in the corresponding period of last year. Consolidated total income for the quarter stood at Rs 95,626 crore, down 42.11% compared with Rs 165,199 crore year-on-year.

RIL shares rose 0.94% to Rs 2201.70 on Friday. In the past six months, the stock has gained 103.63% while the benchmark S&P BSE Sensex added 31.02% during the same period.

Indoco Remedies launches COVID treatment drug
26-Sep-2020 (16:32)
Dr Reddys Labs launches Tecfidera generic in US market
26-Sep-2020 (15:30)
SBI board to mull fund raising
26-Sep-2020 (14:19)
US stocks gain as tech shares bounce
26-Sep-2020 (14:03)
NALCO, NRL sign long-term pact for supply of CP Coke
26-Sep-2020 (13:40)
LIC hikes stake in Grasim Inds
26-Sep-2020 (12:55)
NCL Inds terminates agreement with Chinese firm
26-Sep-2020 (11:54)
Central Bank of India closes Rs 255 crore QIP
26-Sep-2020 (11:00)
JSW Energy unit gets order from Solar Energy Corp
26-Sep-2020 (10:00)
CEAT board approves NCD issue
26-Sep-2020 (09:09)
Vodafone Idea spurts on buzz Vodafone Plc wins tax arbitration against India
25-Sep-2020 (16:29)
Orient Electric Ltd leads losers in 'A' group
25-Sep-2020 (15:00)
Canara Bank to raise Rs 2000 cr through QIP
25-Sep-2020 (15:15)
Mahamaya Steel Industries Ltd leads losers in 'B' group
25-Sep-2020 (14:45)
Volumes jump at Varun Beverages Ltd counter
25-Sep-2020 (14:30)
Vakrangee spurts on RBI nod to operate Bharat Bill Payment Operating Unit
25-Sep-2020 (13:22)
Gayatri Projects gains on receiving LoA from Odisha Mining Corporation
25-Sep-2020 (13:36)
Hindustan Unilever Ltd up for third straight session
25-Sep-2020 (13:05)
Colgate-Palmolive (India) Ltd spurts 2.97%
25-Sep-2020 (13:05)
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