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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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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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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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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.

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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…

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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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1 min read

Facebook to acquire stake in Jio Platforms via Jaadhu Holdings

"The proposed transaction and the proposed commercial arrangement are pro-competitive, beneficial …

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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

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…

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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

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…

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Facebook to buy minority stake in Jio Platforms for $5.7 bn

New Delhi, Apr 22 () Facebook on Wednesday announced an investment of USD 5.7 billion (Rs 43,574 cr…

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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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4 mins read

Facebook buys 9.99% stake in Jio Platforms for Rs 43,574 cr

New Delhi, Apr 22 () Facebook on Wednesday announced an investment of USD 5.7 billion (Rs 43,574 c…

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1 min read

Jio Platform gets Rs 43,574 cr from Facebook for 9.99% stake sale

"We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidia…

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4 mins read

Facebook picks up 9.99 pc stake in Jio Platforms for Rs 43,574 cr

This is Facebook's biggest stake buy since its 2014 acquisition of WhatsApp. The US giant has typi…

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5 mins read

To be India’s Alibaba, Mukesh Ambani wants a super app with Facebook⁠— but an all-in-one app is not known to work so far

The Mittal experience “Given that India is not like China — in that it’s open to competit…

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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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1 min read

Competition Comm approves Facebook-Jio deal

The USD 5.7 billion (Rs 43,574 crore) deal -- the single largest FDI in the technology sector in In…

PTI