Topic: Jio
Vodafone Idea plans to raise $1.5 billion to revive business, days after relief from SC
The telecom operator is working to identify potential investors in US & could also raise part of the funds through other methods such as an offering of equity-linked securities.
2020 has been a forgettable year for most, but not for Mukesh Ambani and Reliance Jio
Everyone’s buying into the Reliance Jio dream for now. Big investors such as Facebook and Google are writing a cheque to own a slice of it.
After luring Google & Facebook, Mukesh Ambani plans to build a global digital company
Mukesh Ambani unveiled a slew of services from Jio, including a 5G network as early as next year and a mega video-streaming platform.
Reliance Jio raises $4 billion from share sale to investors
Mukesh Ambani's Jio has now sold about 25% of its shares to buyers, including Facebook and US private equity firms KKR & Co., and Silver Lake.
Zoom has a new challenger – budding internet tycoon Mukesh Ambani
Ambani’s Reliance has launched JioMeet video conferencing app after beta testing. The app has already garnered more than 100,000 downloads.
Intel invests Rs 1,895 crore in Ambani’s Jio Platforms for 0.39% stake
Intel Corp. has agreed to pay approximately Rs. 1,895 crore ($253 million) for a stake in the telecom giant, joining other investors like Facebook Inc., KKR & Co. and Silver Lake Partners.
After luring $10 billion of investment, Mukesh Ambani plans foreign IPO for Jio Platforms
Reliance is preparing Jio Platforms for an IPO outside India and the offering could happen in the next 12 to 24 months.
Reliance starts testing JioMart, its online grocery shopping portal across India
JioMart is now delivering in more than 200 cities. Last month, it started a pilot project serving users in three neighbourhoods surrounding Mumbai.
Mukesh Ambani now courts Saudis and investors who backed Uber, Airbnb for Jio
Investors are betting on Jio’s access to India’s huge consumer market & its potential to shake up traditional industries with its technology.
Mukesh Ambani is a man on a mission and even a pandemic or lockdown can’t stop him
Mukesh Ambani has raised $8 billion with 3 deals in 3 weeks as he races to transform his oil-and-petrochemicals empire into a tech-driven, e-commerce force.
Who does Yogi Adityanath fear the most? There’s method to Sanjay Singh sedition madness
AAP MP Sanjay Singh was involved in a survey conducted by the party in which 63% participants said the Yogi Adityanath government was ‘casteist’.
Few onion trucks enter Bangladesh after partial clearance, over 200 still stranded
A Central Board of Indirect Taxes and Customs communique stated that only those trucks which received the 'Let Export Order' till 14 September can be allowed to cross the border.
Defence
Army could induct ‘another division of troops’ in eastern Ladakh as China continues build-up
China is learnt to have not only continued with troop build-up but also brought in heavier-calibre weapons with longer ranges at certain LAC locations, including in the Northeast.
Suspect all, fix all? Is that the motto of our new ‘National Suspicion State’?
It’s not just Modi government or BJP, but even state governments, judiciary are getting caught in a ‘we suspect all’ mindset. Is India becoming a National Suspicion State?