logo
Plus   Neg
Share
Email

KKR Commits To Invest Addl $150 Mln In KKR India Financial Service

Global investment firm KKR today announced that it has committed to invest an additional US$150 million in KKR India Financial Services or, KKR's alternative credit business in India.

KKR noted that it will fund its commitment to KKR India Financial Services through the Firm's balance sheet.

KKR India provides Indian businesses with financing solutions, as well as
alternative asset management and capital market strategies.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Lowe's Companies Inc. (LOW) and Office Depot Inc. (ODP) reported profit for their fourth-quarter, while TJX Companies' (TJX) profit increased 17 percent from the prior year. TJX plans to increase dividend by 13 percent and to buy back up to $2.25 billion of stock. Starbucks is introducing plant-based meat to its menu in Canada in early March. The Seattle-based coffee chain said it will introduce a new Beyond Meat, Cheddar and Egg Sandwich to its Canadian stores on March 3, along with the launch of its new spring menu. The meatless breakfast sandwich will be part of Starbucks Canada's core menu. Auto major Ford Motor Co. issued a safety compliance recall for a total of 217,185 F-150 pickup trucks with LED headlamps in North America, including 50,989 in Canada, to fix issues with the headlamps that could increase risk of a crash. The F-150 has been the top selling U.S. vehicle by any manufacturer for more than 40 years.
Follow RTT
>