PR Sanjai

3 weeks ago | business-standard.com | Megawati Wijaya |PR Sanjai

Goldman Sachs Asset Management has provided $600 million to partially fund the equity investment needed by Indian conglomerate Jubilant Bhartia Group for its purchase of a 40 per cent stake in The Coca-Cola Co.'s bottling unit in India, according to people familiar with the matter. Goldman Sachs Asset Management's hybrid fund financed this equity portion by subscribing to the convertible preference shares issued by the group, said the people, who asked not to be named discussing a private matter.

Mar 26, 2025 | business-standard.com | Rakesh Sharma |PR Sanjai

Reliance Industries Ltd. has paused further purchases of Venezuelan crude after US President Donald Trump authorised a 25 per cent tariff on countries buying the South American country's oil. India's largest privately owned refiner is expected to take delivery of a cargo of Merey crude that's currently en route from Venezuela, but additional buying has been put on hold, according to people familiar with the situation, who asked not to be identified because the matter is sensitive.

Mar 12, 2025 | timesofindia.indiatimes.com | PR Sanjai |Alisha Sachdev

Jio Platforms and Bharti Airtel have struck deals with SpaceX to bring Starlink’s broadband internet services to India, a surprise move that follows months of bickering over how Elon Musk’s venture should be granted spectrum rightsBillionaire Mukesh Ambani-controlled Jio Platforms announced a surprise pact with SpaceX to offer Starlink’s satellite internet services in India on March 12, a day after rival Bharti Airtel unveiled a similar arrangement.