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

Mukesh Ambani’s Jio Digital Fibre InvIT to raise Rs 39,710 crore from Reliance firms

The trust will raise about Rs 14,710 crore by issuing units and also raise Rs 25,000 crore through a loan from Reliance firms to reduce existing debts and fund expansion.
Reliance Chairman Mukesh Ambani (left) and Amazon CEO Jeff Bezos (right) | ANI Photo/Bloomberg

Amazon and Mukesh Ambani’s Jio are getting ready for an epic fight

Jeff Bezos regards India as a key frontier for Amazon, particularly after failing to break into China. Now he faces a homegrown champion Jio, backed by some of his fiercest US rivals.
Mukesh Ambani

Mukesh Ambani is now on a shopping spree of online retailers to take on Amazon

Mukesh Ambani’s Jio is looking to acquire several local online retailers to help expand product offerings as he races to compete against Amazon.
Supreme Court

SC seeks details of spectrum sharing pact between Reliance Communications & Jio in AGR case

The top court also asked the Department of Telecom to file the requisite documents in this regard and posted the matter for further hearing on 17 August.
The rise in purchases of smartphones, TVs and other goods have made electronics India’s second-biggest import item after oil | SeongJoon Cho/Bloomberg

25 years since India made first mobile phone call, time to focus on self-reliance, Modi says

Modi requested the telecom sector to ensure greater security at all levels against threats. Mukesh Ambani called for urgent policy changes to move from 2G to 5G.
Mukesh Ambani at ThePrint Off the Cuff

Why Mukesh Ambani is coming for your smartphones and wallets

The combination of digital & retail is the way forward for Mukesh Ambani’s Reliance as the outlook for energy & materials is gloomy even in the long term.
Mukesh Ambani | Simon Dawson/Bloomberg

Mukesh Ambani wants to be India’s Huawei, Xiaomi, Zoom & Tencent. But can he?

Mukesh Ambani is audaciously positioning himself to profit from the US-China tech cold war, with some help from Google and Facebook.
Mukesh Ambani

After raising $20 billion for Jio, Mukesh Ambani is seeking money for Reliance Retail

Mukesh Ambani told shareholders that Reliance Retail is getting inquiries from investors & may start bringing some on board in the coming months.
5G

Jio developing homegrown 5G solution, says Mukhesh Ambani

Speaking at Reliance Industries' AGM, Ambani said the solution will be ready for trials as soon as 5G spectrum is available and can be ready for field deployment next year.
The logo of Reliance Jio, the mobile network of Reliance Industries Ltd., is displayed at a store in Mumbai, India. | Photographer: Dhiraj Singh | Bloomberg

Google to buy $4.5 billion-dollar stake in Mukesh Ambani’s Reliance Jio

Alphabet Inc. unit joins rival Facebook Inc., which recently put $5.7 billion into acquiring roughly 10% of Jio, as well as the investment arms of compatriot chipmakers Intel Corp.

On Camera

Lalu’s loyalty to secularism is Tejashwi Yadav’s biggest political test in Modi’s India

In 1990, when then BJP president L.K. Advani was carrying out his rath yatra unbridled, it was Lalu Yadav as CM who had dared to stop him from entering Bihar.
Representational image. | A five gram gold coin sits on a counter inside a Titan Co. Tanishq jewellery store in Mumbai. | Photo: Dhiraj Singh/Bloomberg

Tatas got panned for Tanishq ad. But this state govt is the largest shareholder in Titan

Titan was set up in 1984 as a joint venture between the Tata group and a state govt. While the Tatas own 25.02% stake, the state govt owns 27.88% stake in the company.

Defence

Union Defence Minister Rajnath Singh meets his US counterpart Mark Esper at his office in South Block Monday | Twitter | @rajnathsingh

India & US agree on deeper cooperation in Indo-Pacific as Rajnath meets Mark Esper

The hour-long meeting between Defence Minister Rajnath Singh and his US counterpart Mark Esper came a day before the bilateral 2+2 ministerial dialogue in Delhi.
Illustration: Soham Sen/ThePrint

Trump or Biden? Doesn’t matter to India-US ties as they’re in a full, strategic embrace

Pompeo & Esper’s visit to India for the 2+2 talks is proof that old hypocrisies are history, and supreme national interest has again driven a strategic choice.