A Supreme Court bench had on Friday sought to know why Reliance Jio Infocomm Ltd (RJIL) must not pay adjusted gross revenue (AGR) dues of Reliance Communications since it has been using the latter's spectrum since 2016.
Facebook CEO Mark Zuckerberg has said his company's deal with Reliance Jio will bring millions of small businesses on WhatsApp to do commerce.
The United States is urging telecom operators around the world to follow the Reliance Jio template of developing homegrown 5G solutions, while delivering stinging criticism against Chinese telecoms giant Huawei and the consequences of "untrusted" Chinese components in 5G infrastructure.
Reliance Industries Limited and Jio Platforms Ltd. announced that world's leading wireless technology innovator Qualcomm is committed to invest up to Rs 730 crore in Jio Platforms to bolster Jio's initiatives towards building an advanced digital platform for Indian consumers.
Reliance Industries on Saturday said that Jio Platforms received subscription amounts of Rs 30,062.43 crore from four investors for 6.13 per cent stake in total.
Reliance Jio has opened the JioMeet app for the general public, which can support up to 100 users in a session, according to its website.
With this investment, Jio Platforms has raised Rs 117,588.45 crore from leading technology investors including Facebook, which bought a 9.99 percent stake for Rs 43,574 crore on April 22, Silver Lake Partners (two investments), Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG, L Catterton, PIF and Intel.
The South Delhi district administration on Wednesday requested Reliance Jio to augment data connectivity at the 10,000-bed Sardar Patel COVID Centre in Radha Soami Satsang Beas campus in Chattarpur area.
Calling Orange in France, Jio in India and Telstra in Australia as 'clean telcos' for refusing to do business with firms from China, US Secretary of State Mike Pompeo has claimed that Chinese tech giant Huawei’s deals with telecommunications operators around the world are “evaporating”.
Reliance Industries Ltd on Thursday said it has sold a 2.32 per cent stake in its digital unit to Saudi Arabia's Public Investment Fund (PIF) for Rs 11,367 crore, taking the cumulative fund raising to about Rs 1.16 lakh crore in two months.
Mukesh Ambani's Reliance Jio is likely to capture 48 per cent of Indian mobile subscriber marketshare by 2025 with over half a billion users, Bernstein said in a report on Wednesday.
Reliance Industries Limited (RIL) and Jio Platforms Limited, Indias leading digital services platform, on Saturday announced an investment of Rs 1894.50 crore by L Catterton, one of the worlds largest consumer focused private equity firms.
Reliance Industries Limited (RIL) and Jio Platforms Limited, India's leading digital services platform, on Saturday announced an investment of Rs 1894.50 crore by L Catterton, one of the worlds largest consumer focused private equity firms.
Reliance Industries on Sunday said it sold 1.16 per cent stake in its digital unit to Abu Dhabi Investment Authority (ADIA) for Rs 5,683.50 crore, taking the cumulative fund raising to Rs 97,885.65 crore that will help pare debt at the oil-to-telecom conglomerate.
Shares of Reliance Industries on Friday gained over 2 per cent to hit their one-year high level after the company announced sale of 1.85 per cent stake in its digital unit, Jio Platforms, to Abu Dhabi-based sovereign investor Mubadala. On BSE, the heavyweight stock jumped 2.38 per cent to Rs 1,617.70 -- its 52-week high.
With this investment, Mukesh Ambani's Jio Platforms has raised Rs 87,655.35 crore from leading global technology and growth investors, including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and Mubadala, in less than six weeks.
Reliance Jio recently introduced a validity for its Work From Home plans. Read on to know more
Anant Ambani, the youngest son of Mukesh Ambani, has formally joined the Reliance Industries's digital venture Jio Platforms as an additional director. RIL's Jio Platforms has been in the news for the past few weeks as it received billions of dollars of investment from Facebook, KKR, Vista and others.
Reliance Jio recently introduced JioMart to take on grocery delivery services such as Grofers, BigBasket and more
Reliance 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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