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.
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.
‘Mother kept pouring water in our eyes whenever the burning became unbearable. She pushed our bodies deep into the blanket, making sure not a single part was exposed,’ my father said.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
The helicopters produced by Lockheed Martin are known as ‘submarine hunters’. India ordered 24 of these aircraft in 2020 to replace the Sea King helicopters. 15 have been delivered till date.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
COMMENTS