Gillian Brown, Senior Managing Director, Capital Markets at Ontario Teachers’ said, “We are pleased to enter into a long-term partnership with Edelweiss Group, which has a proven track record and demonstrated ability to originate, underwrite, structure and realize on private credit investments in India. This partnership will further expand our presence in, and provide additional insights on, the important Indian market.” … [Read more...] about Canada’s Ontario Teachers’ partners with Edelweiss Group to invest $350 million in Indian private credit
Commenting on the transaction with Silver Lake, Mukesh Ambani, Chairman and Managing Director, Reliance Industries, said, “I am delighted to extend our relationship with Silver Lake to our transformational efforts of building an inclusive partnership with millions of small merchants while providing value to Indian consumers across the country in the Indian retail sector. We believe technology will be key to bringing the much-needed transformation in this sector so that various constituents of the retail ecosystem can collaborate to build inclusive growth platforms. Silver Lake will be an invaluable partner in implementing our vision for Indian Retail.” … [Read more...] about PE fund Silver Lake to invest in Reliance Retail, buys 1.75% stake for Rs 7,500 crore
Physical gold: Buying jewellery and gold coins is still one of the most popular modes of investing in gold. But holding gold in physical forms comes with two main disadvantages. Apart from the additional cost incurred for safekeeping, buying physical gold also comes with purity-related concerns. Additionally, one may also face challenges in accessing physical gold stored in bank lockers or selling it during a political turmoil or natural disaster. … [Read more...] about What’s the best way to invest in gold now?
RIL on September 3 bought Kishore Biyani's Future Retail for 24,713 crore. The mega transaction, which includes the wholesale, logistics and warehousing business of the Future Group, has positioned Reliance Retail as the undisputed leader in the organised retail segment. … [Read more...] about Reliance Retail-Silver Lake deal: RIL’s AGM in July had feelers about investments in its retail business
While experts suggest that this phase will be over soon and things between the two Asian giants will normalise, startup founders continue to be wary.The latest case in point is that of food-delivery major Zomato, which had to reach out to other investors in the wake of additional money from Ant Financial reportedly getting stuck in regulatory clearances. Large Indian startups will surely be looking towards alternative sources for capital, given the overall situation in the border areas. … [Read more...] about After ban on 118 Chinese apps, Indian startups with investments from Beijing wonder whether they will be on govt radar now