Ecosystem Weekly | 26th Jul ’20

Petronet renews investment deal with US LNG developer Tellurian India’s top gas importer, Petronet LNG, has renewed its initial deal to consider investing $2.5 billion in U.S. liquefied natural gas (LNG) developer Tellurian Inc’s Driftwood project, Indian sources familiar with the matter said. Read More InCred secures Rs 500 Cr in debt led by public…


Ecosystem Weekly | 19th Jul ’20

Google Invests $4.5 Bn In Reliance Jio For 7.73% Reliance Industries’ digital venture Jio Platforms has raised INR 33,737 Cr ($4.5 Bn) from global tech giant Google for 7.73% equity stake, Mukesh Ambani announced at Reliance’s 43rd Annual General Meeting (AGM). Google is investing at an equity valuation of INR 4.36 Lakh Cr. Read More…


Ecosystem Weekly | 12th Jul ’20

ADIA renews interest in Jio Digital Fibre Abu Dhabi Investment Authority (ADIA) has revived talks to invest close to $1 billion (about Rs 7,500 crore) in Reliance Industries’ infrastructure investment trust (InvIT) Jio Digital Fibre for up to 25% stake, people aware of the matter told The Economic Times. Read More BP pays Reliance $1…


Ecosystem Weekly | 5th Jul ’20

Haldia Petrochemicals, Rhone Capital jointly acquire US-based Lummus for $2.7 bn Haldia Petrochemicals Ltd, majority-owned by The Chatterjee Group (TCG), together with global private equity firm Rhone Capital, has acquired Texas-based Lummus Technology for an enterprise value of $2.725 billion. Read More Bharti-British govt consortium wins bid for satellite company OneWeb A consortium of billionaire…