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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
The legacy behind Mukesh Ambani’s Jio Financial Services
India’s fifth largest financial services company, Jio Financial Services, was born recently with a …
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…
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…
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
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
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…
Facebook to acquire stake in Jio Platforms via Jaadhu Holdings
"The proposed transaction and the proposed commercial arrangement are pro-competitive, beneficial …
PTI
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…
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
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…
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
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…
PTI
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…
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…
PTI
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…
PTI
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…
PTI
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…
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…
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…