How Mukesh Ambani, Amazon's Jeff Bezos and Walmart's Doug McMillon are fighting to get a bigger slice of India's $850 billion retail market

CCI had approved Google's proposal two weeks ago. This also paves way for Google to jointly develop Android smartphones in India

The investments of Facebook and Google in Jio Platforms have cemented RIL's position, catapulting its market value and putting it way ahead of TCS in the No.1 spot

The regulatory approval came about four months after Google announced to invest Rs 33,737 crore to acquire 7.7 per cent stake in the Reliance Industries' technology venture

KKR had announced it would invest Rs 5,550 crore in RIL subsidiary Reliance Retail Ventures on September 23; investment valued Reliance Retail at a pre-money valuation of Rs 4.21 lakh crore

The fresh fund infusion of Rs 11,650 crore in Reliance Retail Ventures is part of the company's plan to increase the capital base

In a regulatory filing, Reliance said that the firms GIC and TPG would pick 1.22 per cent equity stake and 0.41 per cent equity stake in RRVL respectively

The investment by Mubadala will translate into 1.40 per cent equity stake in Reliance Retail Ventures Limited on a fully diluted basis

RIL share rose 1.02% to Rs 2267 intra day against previous close of Rs 2244

General Atlantic to pick stake in Reliance Retail: It is the third investment for Reliance Retail following KKR's investment of $754 million and Silver Lake Partners' $1 billion

Mubadala, after its investment in Jio Platforms has held extensive talks for investment in the retail venture. The investment could be anywhere between $500 million and $1 billion

Reliance Industries Ltd (RIL) on Saturday said it has received Rs 7,500 crore from Silver Lake Partners, which had recently picked up 1.75 per cent stake in its retail arm

The deal-making process started with world's biggest social media platform, Facebook Inc, pumping in a record Rs 43,574 crore for 9.9 per cent stake in RIL subsidiary Jio Platforms Ltd (JPL) on April 22, making it the largest minority shareholder in RIL

KKR invests in Reliance Retail: The deal marks second investment by KKR in a subsidiary of Reliance Industries, following a Rs 11,367 crore investment in Jio Platforms announced earlier this year

L Catterton, KKR, Mubadala Investment, and Abu Dhabi Investment Authority (ADIA) are already in negotiations with Reliance Retail for a stake purchase; they have already invested in Jio Platforms

Share price of RIL gained 1.77% to Rs 2,360 against previous close of Rs 2,318 on BSE

The global research firm believes that the proposed acquisition of Future Group's retail business will fortify Reliance's retail footprint, especially in the grocery retail sub-segment

Reliance Retails runs around 11,784 stores spanning 7,000 towns and cities of India; deal with Kishore Biyani gives it access to over 1,800 Future Group stores and brings in business worth $5.5 billion in grocery only

The report comes a day after RIL announced that US private equity firm Silver Lake Partners would buy a 1.75 per cent stake in Reliance Retail for Rs 7,500 crore

Share price of RIL gained 2.82% to hit a fresh high of Rs 2,222 compared to the previous close of Rs 2,161 on BSE