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Thursday, April 25, 2024
TopicJio

Topic: Jio

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.

With Ambani by his side, Zuckerberg has finally made his Mark in India’s telecom space

Apart from paring its debt, the Facebook deal will help RIL enter India’s e-commerce space by tapping into WhatsApps’ 400 million strong userbase.

RSS affiliate slams Facebook-Jio deal, says it’s a bigger threat than Amazon, Flipkart

Concerns raised by Swadeshi Jagran Manch were echoed by Confederation of All India Traders and the Laghu Udyog Bharati, another RSS affiliate.

Mukesh Ambani is back as Asia’s richest man after Jio’s deal with Facebook

Mukesh Ambani’s fortune rose about $4.7 billion to $49.2 billion on Wednesday, after Reliance Industries Ltd. gained 10%.

Jio-Facebook deal: Boosts India as FDI destination or threatens to be e-commerce monopoly?

Mark Zuckerberg-led Facebook has bought a 9.99 per cent stake in Mukesh Ambani's Reliance Jio Platforms for Rs 43,574 crore.

On Camera

Imtiaz Ali obsesses over vulgarity, misses Chamkila’s cultural resistance against purity

Peter Manuel's ‘Cassette Culture’ showed the booming Bhakti music during the '80s and '90s when Anoop Jalota, Gulshan Kumar achieved success by singing the sanitised Bhajans.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India and Japan hold 10th round of consultations on disarmament, non-proliferation, and export control

The two sides also discussed ways to strengthen cooperation in outer space security, conventional weapons, and export control

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.