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KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity

KKR to invest Rs 5,550 crore in Reliance Retail Ventures for 1.28% equity

Global investment firm KKR will invest Rs 5,500 crore in Reliance Retail for 1.28 per cent equity share, Reliance Industries Limited said in a BSE filing on Wednesday. This marks the second investment by KKR in a Reliance subsidiary, following a Rs 11,367 crore investment in Jio Platforms announced earlier this year.

KKR's investment values Reliance Retail at a pre-money equity value of Rs 4.21 trillion.

Coronavirus Outbreak: With 83,347 new cases, India's COVID-19 tally crosses 56 lakh; death toll tops 90,000-mark

Coronavirus Outbreak: With 83,347 new cases, India's COVID-19 tally crosses 56 lakh; death toll tops 90,000-mark

With over 83,000 new cases reported in the last 24 hours, India's COVID-19 count on Wednesday crossed the 56 lakh-mark, while the death toll has topped the 90,000-mark as well.

At 9:30 AM on this day, the COVID-19 tally in the country has reached 55,46,011 cases, which include 9,68,377 active cases; 45,87,614 cured, discharged, or migrated patients, and 90,020 deaths.

Facebook takes down 155 'fake' Chinese-run accounts aimed at influencing US elections

Facebook takes down 155 'fake' Chinese-run accounts aimed at influencing US elections

Facebook Inc said Tuesday it had removed a network of inauthentic Chinese accounts that were interfering in Asian and American politics, including some that posted material supporting and opposing US President Donald Trump.

The social networking company said it suspended 155 accounts on its main platform along with six Instagram accounts.

Mumbai: Incessant rainfall disrupts road, rail traffic; severe waterlogging reported across city

Mumbai: Incessant rainfall disrupts road, rail traffic; severe waterlogging reported across city

Heavy overnight rains lashed Mumbai and districts in the Mumbai Metropolitan Region, seriously disrupting road and rail traffic, and affecting the movement of people manning essential services, officials said here on Wednesday.

According to IMD, the city recorded over 12.20 cms rain while the suburbs notched over 27.50 cms rain most of it during the night.

Bihar DGP Gupteshwar Pandey takes voluntary retirement, likely to join NDA ahead of assembly polls

Bihar DGP Gupteshwar Pandey takes voluntary retirement, likely to join NDA ahead of assembly polls

Bihar's Director General of Police (DGP), Gupteshwar Pandey, on Tuesday took voluntary retirement (VRS) from service, thereby triggering speculations of him potentially contesting in the state assembly polls. Pandey is likely to contest as a National Democratic Alliance (NDA) candidate in the upcoming Bihar Assembly elections, sources said

Bihar Governor Phagu Chauhan has also approved the request of state DGP Gupteshwar Pandey, seeking voluntary retirement from services.

Deepika Padukone's manager skips summons by NCB, agency grills Kwan Talent Management CEO

Deepika Padukone's manager skips summons by NCB, agency grills Kwan Talent Management CEO

After widening its probe into the drugs case related to Bollywood actor Sushant Singh Rajput's death, the Narcotics Control Bureau (NCB) on Tuesday quizzed KWAN Talent Management agency CEO Dhruv Chitgopekar and Bollywood talent manager Jaya Saha for over six hours, while Karishma Prakash, the manager of actor Deepika Padukone, skipped the summon.

Maharashtra: Death toll in Bhiwandi building collapse rises to 33

Maharashtra: Death toll in Bhiwandi building collapse rises to 33

The death toll in the Bhiwandi building collapse site which took place here on Monday rose to 33 on Wednesday, National Disaster Relief Force (NDRF) informed.

The deceased include Jhuber Khureshi, Faija Khureshi, Ayesha Khureshi, Siraj Abdul Sheikh, Fatma Jubera, Siraj Ahmed Sheikh among others.

Russia offers to supply Sputnik V COVID-19 vaccine free of cost to UN staff

Russia offers to supply Sputnik V COVID-19 vaccine free of cost to UN staff

Russia said it is ready to offer its 'Sputnik V' COVID-19 vaccine free of charge for voluntary vaccination of the staff of the United Nations (UN) and its offices.

The country will soon hold a virtual conference for those nations keen in cooperation in the development of anti-coronavirus vaccines, said Russian President Vladimir Putin.

Global coronavirus update: Cases top 31.2 million, says Johns Hopkins

Global coronavirus update: Cases top 31.2 million, says Johns Hopkins

The overall number of global coronavirus cases has topped 31.2 million, while the deaths have increased to more than 963,000, according to the Johns Hopkins University.

As of Tuesday, total number of cases stood at 31,201,975 and the fatalities rose to 963,068, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

TikTok ban effect: Made-in-India app Chingari crosses 30 mn downloads

TikTok ban effect: Made-in-India app Chingari crosses 30 mn downloads

Made-in-India short-video sharing platform, Chingari, has announced that it has crossed more than 30 million downloads.

The social app said in a statement it achieved the feat in a matter of three months, with content creators making a beeline to join it.

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