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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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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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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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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.

PTI   


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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   


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3 mins read

After Facebook, Reliance in talks with other investors to offload more stake

"In addition to the FB investment, the board was informed that RIL has received strong interest…

PTI   


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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   


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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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3 mins read

Here's why Facebook's Mark Zuckerberg is paying top dollar for a stake in Mukesh Ambani's Reliance Jio

This is because Facebook’s Mark Zuckerberg has paid a certain premium for a stake in Reliance Ji…

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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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2 mins read

Netmeds partnered with Reliance Retail in April⁠— now Mukesh Ambani reportedly wants a stake

The deal talks with Netmeds has come at a time when Reliance is doubling down on its e-commerc…

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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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3 mins read

Akash Ambani to head Reliance Jio - that’s just phase I of Mukesh Ambani’s succession plan

The elevation of the Brown university-graduate Akash has been speculated for a long time. He has…

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2 mins read

India's largest company, Reliance Industries, has reportedly offered Amazon a 40% stake in its retail arm for $20 billion

Reliance Industries has offered to sell Amazon up to 40% of its subsidiary Reliance Retail, which h…

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2 mins read

Mukesh Ambani and Mark Zuckerberg are looking to create a WeChat like super-app says report

Reliance Industries and Facebook are reportedly in talks to create a multipurpose app for India tha…

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2 mins read

Reliance Jio’s valuation jumps more than half a billion dollars in just 12 days, thanks to Silver Lake

A US-based private equity firm, Silver Lake, has bought a 1.15% stake in Reliance Jio for $750 mill…

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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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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…

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2 mins read

Reliance beats street with record profit on back of gains from stake sale, Jio

EBITDA (earnings before interest, taxes, depreciation, and amortisation) declined by 11.8 per cent …

PTI