Thursday, May 21, 2020

KKR to invest $1.5B in Reliance Jio for a 2.32% stake; this is Reliance Jio's fifth major raise in just as many weeks (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
KKR to invest $1.5B in Reliance Jio for a 2.32% stake; this is Reliance Jio's fifth major raise in just as many weeks  —  Mukesh Ambani's Reliance Jio Platforms has agreed to sell 2.32% stake to U.S. equity firm KKR in what is the fifth major investment in the top Indian telecom firm in just as many weeks.



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A look at India's draft DPDP rules, which require platforms to verify the age and identity of a parent when obtaining consent to process data of users under 18 (Kamya Pandey/MEDIANAMA)

Kamya Pandey / MEDIANAMA : A look at India's draft DPDP rules, which require platforms to verify the age and identity of a parent whe...