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The legacy behind Mukesh Ambani’s Jio Financial Services
India’s fifth largest financial services company, Jio Financial Services, was born recently with a …
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 …
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…
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…
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…
Reliance has bagged nearly half of all private equity investments in India this year – and that doesn’t include the $10 billion from Facebook and Google
In 2020, private equity (PE) and venture capital (VC) investment is clearly dominated by Relianc…
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
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…
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…
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.
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…
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…
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…
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. “…
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
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
Google is investing $4.5 billion in India's mobile internet giant Reliance Jio and the 2 will make a new affordable Android phone
Google will invest $4.5 billion into India's biggest mobile internet provider.
Shona Ghosh
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
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 …
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 …