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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 …
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…
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…
6 mins read
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 …
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
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
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…
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
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
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…
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…
2 mins read
Mukesh Ambani snatches Asia’s richest man title back from Jack Ma with a little help from Mark Zuckerberg
But one of his most promising businesses - Jio - has had a white knight in the form of Mark …
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…
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…
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.
6 mins read
Facebook buying into Reliance Jio - More to it than meets the eye?
The Facebook-Reliance Jio deal could have huge implications in the future
4 mins read
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…
4 mins read
Reliance to hive off $75 billion oil-to-chemicals business into separate unit for sale to Aramco
O2C undertaking of the company comprises entire oil-to-chemicals business of the company co…
PTI
2 mins read
Reliance Retail sold more stuff in March than during last Diwali – no wonder profit jumped 20% in the latest fourth quarter
Reliance Retail has posted an operating profit of ₹2062 crore, up by 19.8% from the same quarter th…
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…