Reliance Jio
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Reliance Jio gets 5th deal, KKR to invest Rs 11,367 crore for 2.32% stake
Business | May 22, 2020 9:28 ISTReliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, on Friday announced the sale of a 2.32 per cent stake in its digital unit to US private equity giant KKR for Rs 11,367 crore, the fifth deal in four weeks that will inject a combined Rs 78,562 crore in the oil-to-telecom conglomerate to help it pare debt.
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Reliance Jio-General Atlantic deal: US equity firm invest ₹6,600 cr 1.34% stake
Business | May 17, 2020 17:59 ISTThe telecom unit of Reliance Industries Ltd (RIL) Reliance Jio has sold a 1.34 per cent to US-based private equity firm General Atlantic for Rs 6598.38 crore.
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Jio Rs. 999 prepaid plan announced: Validity, benefits and more
Technology | May 15, 2020 13:53 ISTReliance Jio has introduced yet another prepaid plan for users in India. Read on to know more
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Jio is giving free Jio-to-Jio calls for a day: Report
Technology | May 12, 2020 19:02 ISTReliance Jio has been introducing various benefits for users amid the Coronavirus lockdown in India
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RIL shares jump over 4% as Vista Equity Partners picks 2.32% stake in Jio Platforms
Business | May 08, 2020 12:19 ISTVista's investment will translate into a 2.32 per cent equity stake on a fully diluted basis, making Vista the largest investor in Jio Platforms, behind Reliance Industries and Facebook.
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With ₹ 11,367 crore, Vista Equity becomes biggest investor in Reliance Jio
Business | May 08, 2020 9:19 ISTReliance 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.
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Jio Coronavirus symptoms checker security lapse leaked millions of user data
Technology | May 04, 2020 12:41 ISTJio Coronavirus symptoms checker tool lets users figure out if they have COVID-19 symptoms
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Jio offering 2GB of data free for 4 days to some users: See what it is
Technology | April 29, 2020 19:18 ISTReliance Jio is trying to provide more data to users so that internet usage gets easy amid Coronavirus lockdown
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Facebook's Jio investment to help RIL move to zero debt: Report
Business | April 27, 2020 12:29 ISTFacebook'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.
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Facebook deal to help Reliance monetise platforms, deleverage: Fitch
Business | April 23, 2020 10:32 ISTFacebook 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.
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Jio, Facebook to continue opposing each other over internet calls, messages
Business | April 22, 2020 21:08 ISTReliance 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.
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Can Facebook become Amazon of the world with Reliance Jio?
Business | April 22, 2020 20:49 ISTMark 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.
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RIL shares zoom over 10% after Facebook deal; market cap rallies Rs 80,710 crore
Business | April 22, 2020 17:01 ISTShares 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.
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Mukesh Ambani on Facebook-Jio deal: WhatsApp, JioMart plan to bring local kirana store online
Business | April 22, 2020 11:32 ISTMukesh 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.
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Jio, Facebook collaborate for users to use JioMart via WhatsApp: Know how it will work
Technology | April 22, 2020 11:23 ISTJio and Facebook have a signed a deal that will help both the companies and users in some way
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Facebook buys 9.99 percent stake in Reliance Jio Platforms for Rs. 43,574 Crore
Business | April 22, 2020 9:05 ISTSocial 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.
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JioPOS Lite app will let you recharge other people's numbers and get money: Here's how
April 10, 2020 12:49 ISTJio has unveiled the JioPOS Lite app to conduct other people's phone numbers. Here's how to do so
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Reliance Jio number can now be recharged via ATM: Know how to conduct the recharge
Technology | March 30, 2020 19:49 ISTReliance Jio now lets you recharge Jio number through ATM. Here is how you can conduct one
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Relief for Jio, Airtel, Vodafone Idea users! Prepaid validity likely to extend amid lockdown
Business | March 30, 2020 13:27 ISTTelecom Regulatory Authority of India (TRAI) has also sought details of the steps being taken to ensure availability of uninterrupted telecom services to such customers on a "priority basis".
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Facebook likely to buy 10 per cent stake in Reliance Jio
Business | March 25, 2020 15:30 ISTSocial media major Facebook is reportedly planning to buy 10 per cent stake in the country's biggest telecom company Reliance Jio.
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