With eight deals in four weeks, analysts were expecting the valuation of the firm to touch at least Rs 4.5 trillion
August-end loan deadline brought GVK to negotiating table
Call Mumbai airport stake sale to Adani a breach of agreement
The lawsuit, filed on Monday, comes at a time when the Union government is seeking foreign direct investment in India, promising ease of doing business to overseas investors.
CBDT notifies changes that will also apply to pension funds
The SGX Nifty is indicating a gap-up open today with the Nifty likely to open at around 10,260 levels on the back of firm global cues
8th investment values firm at Rs 4.9 trn on equity value basis
Other recent investors in Jio Platforms are private-equity firms General Atlantic, Silver Lake, Vista Equity Partners, and KKR & Co Inc .
The fund already has commitments from two sovereign wealth funds-- Abu Dhabi Investment Authority and Singaporean Temasek
The fund will target both pre-stress as well as distressed opportunities
The sovereign wealth fund has invested $1.3 billion in India