Bloomberg Reliance Industries Ltd, the conglomerate controlled by Asia’s richest man, said it has become free of net debt months ahead of a March 2021 target after raising more than $23 billion from stake sales and a rights issue. Its shares closed at an all-time high. India’s most valuable company said in a statement that it secured 1.16 trillion rupees ...

Bloomberg The Japanese wireless unit of SoftBank Group Corp led a $19.5 million investment in Splyt Group Ltd, a UK-based startup that makes software to simplify ride-hailing abroad. With the latest round, Splyt has raised a total of $35 million, including an earlier investment by Southeast Asia’s ride-hailing giant Grab. SoftBank Corp declined to disclose the exact amount of its ...

Bloomberg KKR & Co expects to at least triple its investments in Vietnam in the next decade as it seeks to capture rising demand from the Southeast Asian nation’s growing middle class. The US buyout firm’s investments in Vietnamese assets crossed $1 billion after a KKR-led consortium bought a stake in Vinhomes JSC, the largest real estate developer in the ...