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Tuesday, March 19, 2024
TopicJio

Topic: Jio

India has got record FDI this year despite pandemic. But it’s largely due to one company

In the first half of this fiscal, tech sectors attracted a bulk of the FDI, but govt is hopeful that some of its decisions will attract inflows into other sectors too.

Viral images of ‘Jio’ bags of wheat trigger boycott call on Twitter, but Reliance logo is fake

Twitter users share photos of bags of wheat bearing Reliance Jio name, comment on how farmers' protest is justified. However, company is strictly a digital arm of Reliance Group.

Why the world is out to de-fang Facebook, Amazon, Apple, Netflix and Google

Europe & US seem set on curbing the dominance of FAANG firms. There’s limited debate in India, where almost all of them have done deals with Jio.

Jio and Facebook can drive India to achieve its $5 tn economy goal — Mukesh Ambani

In conversation with Facebook CEO Mark Zuckerberg, Mukesh Ambani talked about Facebook and Jio's partnership and explained how it will benefit India in the long run.

Mukesh Ambani’s Jio teams up with Qualcomm to ready 5G solutions for India

Jio teaming up with Qualcomm for 5G leaves the company immune to political disputes linked to Chinese equipment vendors that global operators are embroiled 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.

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.

On Camera

Indian shipping sector is vulnerable to geopolitical unrest. Build local, invest in air cargo

With the ongoing conflict at the Red Sea, India needs to take a long-term view of the PLI scheme and its ambition to emerge as a hub of shipping containers.

Complaints to RBI ombudsman up 68% in FY23, banks biggest cause for customer grievances

Data shows large public sector banks received highest number of complaints in absolute terms, but fared better than several private banks when looked at on complaints-per-branch basis.

Tiger Triumph-24 — India-US tri-services exercise to boost coordination begins

The exercise will be simulated to undertake HADR operations in a ‘friendly island nation’, where troops will execute amphibious landing ops.

CAA comes not with a bang, but with a whimper. Without NRC, it will fade into academic debate

For BJP, CAA was strategic move that did not quite work out because those it would benefit could’ve been accommodated under existing laws, and new entrants would remain excluded.