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Customers talk on mobile phones outside a Vodafone India Ltd. store | ThePrint,in

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.
File photo | RIL chairman Mukesh Ambani | Sanjit Das/Bloomberg

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.
The logo of Reliance Jio, the mobile network of Reliance Industries Ltd., is displayed at a store in Mumbai, India. | Photographer: Dhiraj Singh | Bloomberg

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.
Mukesh Ambani

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.
File image of Reliance Industries chairman Mukesh Ambani | Photo: ANI

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.
Mukesh Ambani

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.
The logo of Reliance Jio, the mobile network of Reliance Industries Ltd., is displayed at a store in Mumbai, India. | Photographer: Dhiraj Singh | Bloomberg

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, chairman and managing director of Reliance Industries Ltd.

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 | Commons

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.

On Camera

Uttar Pradesh CM Yogi Adityanath addresses a BJP campaign rally for the upcoming Delhi polls Monday

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’.
Gunny bags of onions | Dhiraj Singh/Bloomberg

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.


An army convoy moving towards the Zojilla pass in Drass (representational image) | ANI

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.
Illustration: Soham Sen | ThePrint

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?