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Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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KKR Likely Bet of $1 Billion Reliance Retail Stake

After the Jio stake sale, now Mota Bhai has shifted focus on Reliance Retail where he wants to perform similar magic like Reliance Jio stake sale. Amazon is going to be a big stakeholder in Reliance retail venture.

KKR & Co. is in advanced talks to invest at least $1 billion in the retail business of Indian billionaire Mukesh Ambani, according to people familiar with the matter, in what could be another U.S. investment in the unit following Silver Lake’s deal.

KKR is in discussions for a stake in Reliance Retail Ventures Ltd., a unit of the largest retailer in India, said the people, who asked not to be identified because the information isn’t public. The private equity firm could invest as much as $1.5 billion and an announcement could come as soon as this month, one of the people said.

Separately, consumer-focused private equity firm L Catterton is also considering investing hundreds of millions of dollars in Reliance Retail, one of the people said. Negotiations are ongoing and could be delayed or fall apart, the people said. Representatives for L Catterton, KKR and Reliance didn’t immediately respond to requests for comment.

Weeks after Ambani, 63, raised about $20 billion selling stakes in his technology venture to investors including Facebook Inc. and Google, the tycoon is seeking to repeat the same with his retail business. Silver Lake on Wednesday agreed to invest 75 billion rupees ($1 billion) into Reliance Retail Ventures, valuing the business at about 4.2 trillion rupees.

Reliance Retail -- a unit of the energy-to-telecommunications conglomerate Reliance Industries Ltd. -- runs supermarkets, India’s largest consumer electronics chain store, a cash and carry wholesaler, fast-fashion outlets and an online grocery store called JioMart. It reported 1.63 trillion rupees in revenue in the year through March 2020. The unit operates almost 12,000 stores in nearly 7,000 towns.

Reliance last month said it is buying assets of debt-strapped rival Future Group for 247.1 billion rupees, almost doubling the footprint of its retail chains. The deal includes Future’s retail, wholesale, logistics and warehousing units, Reliance Retail Ventures Ltd. said Aug. 29 in a statement.

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Jackpot Sure Shot Tip

Jackpot tip, as the name suggests has the potential to get you more money Profit as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to help you realise your financial dreams. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in F&O. Thus you are on a correct path of making money every day with single daily accurate tip. Click on Image or Post Title to Read More.

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An award is something which is awarded based on Merit. Awards & Recognition are a must in Life as it provides the necessary vigour to keep progressing ahead in Life. Awards do not only acknowledge success; they recognise many other qualities: ability, struggle, effort and, above all, excellence. This is the reason that for past 22 Years we have been christined as Best Stock Market Tips Provider & we are at the 'Top' in this field. Check out our Awards by clicking on Image or Post Title Now!!

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