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KKR Announced To Invest $450 Mn In HFE With Hero Group

KKR Announced To Invest $450 Mn In HFE With Hero Group

Kohlberg, Kravis Roberts & Co. (KKR) announced on Tuesday to invest $450 million, almost Rs. 3,585 crores, in Hero Future Energies (HFE). KKR is a Global Private Equity major which has deployed over $15 million globally to invest in renewable assets.  “This investment will position HFE for continued growth and support its efforts to expand…

India Becomes World’s 5th Largest Economy- Beats The UK 

India Becomes World’s 5th Largest Economy- Beats The UK 

India has left behind the United Kingdom to become the world’s 5th largest economy.  As per IMF projections, India is now following only the United States, China, Japan, and Germany in terms of economy.  A decade ago, India was ranked 11th position among the largest economies, while the United Kingdom ranked on fifth place. With…

Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India

Reliance Partners With UK Chain To Launch Sandwich And Coffee Chain India

After the fashion world, Reliance Brands Limited entered the Food & Beverages Space. On Thursday, the company announced a franchise partnership with ‘Pret A Manger’, a UK-based food and organic coffee chain, to launch and build British Sandwich and Coffee chain in India. Reliance is spreading its wings everywhere. Before this Reliance picked stakes in…