Global investment major KKR has upped its stake in Mukesh Ambani’s Reliance Retail Ventures with an additional investment of ₹2,069.50 crore (nearly $250 million), which elevates the valuation of the company to a staggering $100 billion. This follow-on investment boosts KKR’s equity stake in Reliance Retail to 1.42% on a fully diluted basis owing to … [Read more…]
Patios are residential features that have defied changing building trends. They’re a great addition to any outdoor living space, a place to soak up the sun, entertain guests, and enjoy the morning coffee or the Sunday barbeque. They are easy to install, with hardwearing materials like brick, stone or concrete providing a lasting home feature … [Read more…]
In this day and age, many of us want our homes to be comfortable and energy-efficient – who doesn’t? Installing an insulated conservatory roof can help you achieve both. Not only will your new roof prevent heat from escaping during the winter months, but it also helps protect your home from the hotter temperatures in … [Read more…]
In the latest instance of a massive investment being made in a generative AI company, tech titan Google has now pledged to invest a total of $2 billion in AI startup Anthropic. According to the Wall Street Journal and other media reports, Google’s financial pledge to Anthropic involves an upfront cash infusion of $500 million, … [Read more…]
Among Apple’s most prominent suppliers, Taiwan HQed Foxconn has been accelerating its diversification from China-based production lines to India. Now, the electronics manufacturer is set to make even more substantial investments in the South-Asian country. V Lee, Foxconn’s representative in India, conveyed these ambitious plans in a LinkedIn post, coinciding with Indian Prime Minister Narendra … [Read more…]