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Tuesday, December 16, 2025
TopicJio

Topic: Jio

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.

With Facebook’s Jio investment, the India story is back, despite pandemic

This new platform will not displace small and local businesses. Instead, it will collaborate with them and amplify their reach as well as their profitability.

On Camera

Bhajan raves, caste jokes, Kundli-matching—young India is scrolling back to conservatism

These were the battles we thought we’d already fought. The slow recognition that caste is a plague upon Indian society. The hard-won right to choose your own partner.

India’s merchandise exports to US rising month-on-month despite Trump tariffs, govt data shows

November exports to the US saw 10% growth from the previous month. Overall, in the first 8 months this fiscal, the merchandise exports to the US touched has touched $59bn.

US clears $686-mn package to breathe fresh life into Pakistani F-16s

Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).

India’s top airline just handed sarkar the keys. That’s IndiGo’s real ‘crime’

Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.