Abu Dhabi Firm Mubadala Invests 9093 Crores In Jio Platforms For 1.85%
Jio platforms remain the first choice of American investment companies. Mubadala is the first non-US company to invest in Jio platforms. Mumbai| Reliance Industries Limited...
Tag : Jio
Another Equity Firm KKR Invests In Jio For 2.32% stakes
This is the fifth deal Reliance has struck in four weeks for sale of a minority stake in the unit that houses Reliance telecom firm,...
Reliance Jio Sells 1.34% Stake to US Equity Firm General Atlantic for Rs 6,598 Crore
Reliance Jio has raised ₹ 67,000 crores from leading technology investors including FB, Silver Lake, Vista PE & General Atlantic in the last month. New...
Third Deal For Reliance Jio, To Sell 2% Stake To Vista Equity Partners
RIL is on course to become a debt-free company earlier than its deadline as Jio Platforms has raised Rs 60,500 crore in less than three...
Week After Deal With FB, Mukesh Ambani’s Jio Gets Silver Lake Investment
Silver Lake Rs. 5,656 crores investment comes after Facebook said it would spend Rs. 43,574 crores to buy a 9.99% stake in Jio Platforms. New...
Mukesh Ambani Now Asia’s Richest Person, Overtakes Jack Ma
On Wednesday, Mr. Ambani’s fortune rose to $49.2 billion, a spike of almost $4.7 billion, after Facebook announced that it’d be buying a 10 %...
“Bravo Mukesh!”, Anand Mahindra Lauds Jio-Facebook Deal
Facebook, in one of the biggest investments in India, bought a $5.7 dollar stake in Reliance Industries Limited’s (RIL) Jio subsidiary. Mumbai| Facebook’s investment in...
RIL Shares Jump 8 Percent After Facebook Buys Stake In Jio
Jio is a wholly-owned subsidiary of Mukesh Ambani’s RIL, out of which Facebook will buy almost 10% stake. With this new deal, Facebook becomes Jio’s...
Mark Zuckerberg Facebook Becomes The Largest Minority Shareholder In Reliance Jio
“…we’re committing to work together on some major projects that will open up commerce opportunities for people across India,” Zuckerberg said NEW DELHI| Facebook Founder...
CAA Protests: Airtel, Jio, Vodafone suspend internet, voice services in many parts of Delhi
After several people complained to Airtel customer care on Twitter, the company said that the data services at few locations were stopped as per government...