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.
Google would join Facebook & slew of PE firms piling into Mukesh Ambani’s venture, which has already attracted nearly $16 billion of investments since April.
Mukesh Ambani, who made a pledge to shareholders in August to slash group’s net debt to zero within 18 months, went on a fundraising spree starting April.
A successful deal may draw the battle lines between Amazon and Ambani, who just secured almost $14 billion for his e-commerce venture Jio Platforms Ltd
Jio Platforms, with equity value of about $65 billion, has sold over 22% in stakes to buyers including Facebook Inc., KKR & Co., Silver Lake Partners and General Atlantic.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
New Delhi: Amid heightened tensions between New Delhi and Washington, and a growing synergy between the Pakistan government and US President Donald Trump, Indian...
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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