Tag Archives: firm

After FB, US firm to pay $ 750m for 1.2% stake in Jio

[ad_1] MUMBAI: Following Facebook, US-based private equity firm Silver Lake will pay Rs 5.656 crore ($ 750 million) to acquire 1.15% in the digital and telecommunications unit of Reliance Industries (RIL). The Jio Platforms deal, Silver Lake’s largest investment in India, will help RIL accelerate its debt reduction plans. The …

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Brokerage Firm Moves Delhi High Court Against MCX

[ad_1] A broker member of MCX, the country’s largest commodity derivatives exchange, moved to Delhi’s high court against the way the exchange resolved the April crude oil contract. Prrsaar Commodities (P) Ltd moved the court in the interest of its investors against MCX challenging the negative settlement price for crude …

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