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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…
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…
3 mins read
Jio, a 3-year old telecom company, is now bigger than HDFC, Infosys and ITC – and India's largest bank
In the last three years, Reliance Jio disrupted the Indian telecom industry, to emerge as the top t…
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
2 mins read
On Facebook earnings call, Mark Zuckerberg opens up about his deal with Mukesh Ambani’s Reliance Jio
Social media giant Facebook announced its first quarter earnings to report a revenue of $17.74 bill…
1 min read
Facebook-Jio deal gets Competition Commission nod
Jaadhu is an indirect wholly-owned subsidiary of Facebook and formed in March under the laws of th…
PTI
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.
2 mins read
Both Silver Lake and Mukesh Ambani hope that Reliance Jio will replicate Alibaba's magic — and this time Zuckerberg will get a chunk
Silver Lake has a history of turning everything it touches to gold and now it’s got its fingers in …
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…
5 mins read
Mukesh Ambani’s next goal seems to be the ‘retail king of India’
According to Reliance Industries’ annual report, the retail vertical sold 20 million electronic uni…
1 min read
You can finally send money through WhatsApp in India
WhatsApp is working with ICICI Bank, HDFC Bank, Axis Bank, the State Bank of India, and Jio Payment…
5 mins read
Google, Amazon, Twitter, and Facebook remain apprehensive about India’s new data laws but Paytm is open to regulation
While Paytm has welcomed India’s new Personal Data Protection Bill, Google, Twitter, and Amazon …
3 mins read
WhatsApp is the secret sauce in the deal between Facebook and Reliance Jio
Everyone is excited about the deal between Facebook and Reliance Jio in hope that it will result in…
2 mins read
How to use JioMart on WhatsApp
JioMart has announced a partnership with social media giant Meta. As part of this partnership, user…
3 mins read
Reliance of the future – in the hands of Akash, Isha and Anant
Akash Ambani was appointed as the chairman of the Reliance Jio board after Mukesh Ambani stepped do…
1 min read
General Atlantic pics 1.34 pc stake in Jio platforms for ₹6,598.38 crore
Jio Platforms has raised Rs 67,194.75 crore from leading technology investors, including Faceboo…
PTI
3 mins read
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…
1 min read
Facebook likely to buy 10% stake in Reliance Jio
Jio apps like JioTV, JioCinema, JioNews etc are to be brought under this new entity in a move to c…
PTI
3 mins read
Mark Zuckerberg's Facebook picks up 9.9% stake in Mukesh Ambani's Jio for $5.7 billion
Jio was reportedly in talks with Google too but the fate of those discussions is not known.