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4 mins read

The legacy behind Mukesh Ambani’s Jio Financial Services

India’s fifth largest financial services company, Jio Financial Services, was born recently with a …

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6 mins read

If Alibaba and Tencent are rolled into one, it may look a lot like Mukesh Ambani’s Reliance Jio ⁠— only much smaller for now

Now, some see Jio as the next Alibaba, and some see it as India’s Tencent. Or is it both rolled …

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6 mins read

Mukesh Ambani gave Google and Facebook a discount on Reliance Jio stake ⁠— here’s why

Interestingly, Google’s $4.5 billion cheque and Facebook’s $5.7 billion investment were a cheape…

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4 mins read

RIL AGM: Investors hope Mukesh Ambani spells listing timeline for retail, telecom businesses

On Monday, August 28, billionaire Mukesh Ambani, the chairman of RIL, will come before investors to…

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3 mins read

Reliance Jio’s 2.23% stake sale to Vista means its raised $7.95 billion in under three weeks

As with Silver Lake, Vista’s investment is at a higher premium than Fa…

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1 min read

This is what Amazon, Google and Facebook had to say about India in their earnings calls

But interestingly, the mention of India as ‘the largest’ investment area during the earnings cal…

Sanchita Dash   


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3 mins read

The Indian startups backed by Reliance Industries and Facebook have a lot in common

India woke up to its biggest tech deal on Wednesday (April 22) morning as Facebook picked up a 9.99…

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1 min read

Walmart powers Flipkart with an additional $1.2 billion⁠ to help e-tailer battle Google, Facebook, and Amazon

Walmart has invested $1.2 billion in Flipkart in an equity round, two years after it bought a 77% s…

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5 mins read

What does Facebook’s $5.7 billion investment in Reliance Jio mean for the digital industry?

We reached out to some digital experts who spoke to us about the possible implications of this move.

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4 mins read

EXCLUSIVE: Inside the Reliance Jio deals – Akash Ambani was the one to choose Facebook, the next big investments and the ideas sold to investors

Since March, India has heard about two things happening repeatedly – the lockdown being extended an…

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2 mins read

Facebook’s investment in Reliance Jio boosts RIL share value by ₹50,000 crore

At 9.07 am, RIL’s shares were trading at ₹1,320 which is 6.68% higher than the previous close. T…

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5 mins read

Facebook's next investment in India may be Mark Zuckerberg's most important — in Asia's richest man Mukesh Ambani

None of them compare to the scale and potential of the proposed deal talks with Reliance J…

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4 mins read

Infosys co-founder explains how the next Google, Facebook or Amazon can be born out of India

This is the grouse of Kris Gopalakrishnan, one of the seven founders of $40 billion Infosys. “…

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2 mins read

Facebook investment to accelerate Jio's digital monetisation drive: Analysts

"RIL had restructured its digital business into one consolidated wholly-owned subsidiary - Jio Pla…

PTI   


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1 min read

Facebook to invest $5.7 billion in Reliance Jio, India's popular mobile internet service

The multi-billion-dollar stake makes Facebook the largest minority shareholder in Jio, which is a p…

Lauren Frias   


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2 mins read

Shona Ghosh   


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2 mins read

Google, Facebook investing in Jio shows both see value, opportunities to co-exist: Report

Pointing to nuances of the partnerships -- Google's focus on phones and Facebook's on social media…

PTI   


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2 mins read

Mukesh Ambani's Reliance closes deals with four more investors securing ₹30,062 crore

In total, Ambani has now sold a total of 25.09% stake in Jio to …

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1 min read

Facebook's 9.99% stake purchase in Jio Platforms gets CCI nod

The acquisition was to be done through Jaadhu Holdings LLC. In a tweet, the CCI said it has …

PTI