Reliance Industries Limited on Friday informed the BSE Sensex that Vista Equity Partners will invest ₹ 11,367 crore into Jio Platforms. With this Jio Platforms has now raised ₹ 60,596.37 crore from leading technology investors in less than three weeks.
Jio Coronavirus symptoms checker tool lets users figure out if they have COVID-19 symptoms
Days after Facebook, private equity firm Silver Lake said it will invest 56.56 billion rupees ($746.74 million) in Reliance Industries's digital arm, giving it a valuation of 4.90 trillion rupees.
Reliance is getting into the video calling zone and will launch its video calling app. Read on to know more
Reliance Jio on Thursday reported a 177 percent jump in fourth quarter net profit to Rs 2,331 crore. The telecom venture of billionaire Mukesh Ambani had logged a net profit of Rs 840 crore in the same quarter a year back.
Reliance Jio is trying to provide more data to users so that internet usage gets easy amid Coronavirus lockdown
Facebook's over Rs 43,000 crore investment in Jio Platforms would help Reliance Industries (RIL) in its movement towards becoming a zero net debt company by March 2021, a Credit Suisse report said on Monday.
At the time of the ongoing coronavirus lockdown, the JioMart’s WhatsApp portal will most likely be an instant hit.
Facebook Inc's USD 5.7 billion investment in Jio Platforms, subsidiary of Reliance Industries Ltd (RIL), will help to monetise the digital platforms of both companies and aid in deleveraging of RIL's balance sheet, Fitch Ratings said on Thursday.
Reliance Industries' telecom arm Jio and social media major Facebook will continue to oppose each other over internet calls and messaging services despite the Rs 43,574-crore investment deal signed between the two companies.
Mark Zuckerberg-run Facebook has interestingly chosen India to begin its global ecommerce journey with investing $5.7 billion (approx. Rs 43,574 crore) in Reliance Jio, sounding the bugle to take on ecommerce behemoth Amazon and Walmart in the long run.
Shares of Reliance Industries on Wednesday jumped over 10 per cent after Facebook announced an investment of USD 5.7 billion (Rs 43,574 crore) to buy a 10 per cent stake in Jio Platforms.
Reliance Industries, Jio Platforms and Facebook, on April 21 announced the signing of binding agreements for an investment of Rs 43,574 crore by Facebook into Jio Platforms
Mukesh Ambani's Reliance Industries Ltd and Mark Zuckerberg-founded Facebook on Wednesday announced that the US tech giant will buy a 9.99 per cent stake for $5.7 billion (Rs 43,574 crore) in India's oil-retail-telecom conglomerate Reliance Industries Limited (RIL) led Jio Platforms.
Jio and Facebook have a signed a deal that will help both the companies and users in some way
Social media giant Facebook on Wednesday bought a 10 percent stake in the Reliance Jio platform as the company looks to expand its presence in the largest market in terms of subscriber base. Jio Platforms, a wholly-owned subsidiary of Reliance Industries Ltd (RIL), houses digital services of the group. Reliance Jio Infocomm Ltd, with 388 million subscribers, is a wholly-owned subsidiary of Jio Platforms
Social networking site Facebook on Wednesday announced that it has bought a 9.99 percent stake in Mukesh Ambani’s digital operation Reliance Jio, for Rs 43,574 crore, in a deal that puts the pre-money enterprise value of Jio Platforms at Rs 4.62 lakh crore.
Reliance Jio has added new prepaid plans to its list of plans. Read on to know more about it
Jio has unveiled the JioPOS Lite app to conduct other people's phone numbers. Here's how to do so
Amid the Coronavirus Lockdown, Reliance Jio is now offering users 100 minutes of free talktime and 100 free SMS till April 17.
Top News
Latest News
