Bissoy.com
Doctors Medicines MCQs Q&A

US private equity firm KKR & Co will invest Rs 5,550 crore to buy how much per cent stake in Reliance Industries Ltd's retail arm?

US private equity firm KKR & Co will invest Rs 5,550 crore to buy how much per cent stake in Reliance Industries Ltd's retail arm? Correct Answer 1.28

The correct answer is 1.28%.

  • US private equity firm KKR & Co will invest Rs 5,550 crore to buy a 1.28% stake in Reliance Industries Ltd's retail arm.
  • The Mukesh Ambani-run conglomerate extends fundraising spree that has already netted more than USD 20 billion.
  • The investment values Reliance Retail, which runs grocery stores and fashion chains, at a pre-money equity value of Rs 4.21 lakh crore.

Related Questions

Reliance Industries Ltd (RIL) has received Rs 5,550 crore from global investment firm KKR. KKR has picked up how much per cent stake in its retail arm?
Consider the 5 × 5 matrix \[{\text{A}} = \left[ {\begin{array}{*{20}{c}} 1&2&3&4&5 \\ 5&1&2&3&4 \\ 4&5&1&2&3 \\ 3&4&5&1&2 \\ 2&3&4&5&1 \end{array}} \right
American private equity firm Silver Lake will invest Rs 7,500 crore in Reliance Retail Ventures Limited for how much per cent equity stake?
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the suggested course of action logically follow (s) for pursuing. Statement: Textiles maker Arvind Ltd. is planning to invest Rs. 500 crore per annum for the next 4-5 years with an aim to double revenue from its textile business to Rs. 12,000 crore. The company is in the process of de-merging its brands and engineering businesses into separate entities.  Courses of action: I. The company is looking dramatic ramp up in garmenting (making garments from fabrics) from 10 per cent at present to 50 per cent over time. A big chunk of this planned investment will be for garmenting. II. The company will be looking at developing 3 large garment clusters in Jharkhand, Andhra Pradesh and Gujarat. Each of these clusters will employ 4,000-8,000 workers.  III. The company is planning to double its textile business from Rs. 6,000 crore to Rs. 12,000 crore in 5 years time. It plans to invest Rs. 500 crore every year for the next five years to expand its textile business.
American private equity firm KKR has reached the final close of its latest Asia-focused private equity fund, KKR Asian Fund IV, with a corpus of how many billion dollars?
Select from the alternatives that combination of numbers, which will form a meaningful word if given letters are arranged accordingly. \(\begin{matrix} \ \ \ \text{A} & \rm R & \rm W & \rm L & \rm E & \rm K \\\ \downarrow & \downarrow & \downarrow & \downarrow & \downarrow & \downarrow \\\ \ \ 1 & 2 & 3 & 4 & 5 & 6 \end{matrix}\)
Rita, Sarita, Shyam, Raj, Raman and Rahul are six different persons who are going to buy different mobiles – Nokia, Vivo, Oppo, Iphone, Jio and Xioami in different months – January to June (but not necessarily in the same order). Raj will buy Jio mobile but not in February. Sarita will neither buy Vivo mobile nor Nokia. One of the people will buy Oppo in March. Sarita will buy mobile just immediate after Raj. Rahul will buy mobile immediate before Raj. Rahul will neither buy Vivo, Oppo nor Nokia. Shyam will not buy Oppo but will buy mobile immediate after Raman. Raman will neither buy Nokia nor Iphone. Which of the following combination is not correct?
Re-arrange the following sentences into a meaningful paragraph. (A) comes into effect from today. The bank's savings account rate was 3.5 per cent during March 2003 to May 2011 for all savings bank account customers (B) The bank's decision comes two days ahead of RBI's monetary policy meet and is likely to trigger (C) with deposits of above Rs 1 crore, it said in a statement. The two-tier savings bank account interest rate (D) to 3.5 per cent, lowest in six years, a decision that will impact 90 per cent of its customers (E) The country's largest lender however will continue to pay 4 per cent interest on savings bank accounts (F) SBI today cut interest rate on savings bank account deposits up to Rs 1 crore by 0.5 per cent (G) rate war among peers. SBI's savings bank account base is of around Rs 9 lakh crore.
Reliance Industries retail arm, Reliance Retail Ventures Ltd (RRVL), is acquiring a majority stake in which of the following?
A subsidiary of the Abu Dhabi Investment Authority will invest ₹5,512.50 crores in Reliance Industries Ltd. for how much per cent stake in its retail arm?