Page 68 - Reliance Jio

Jio Platforms deals help PE investments climb 12% to $18.8 bn this year yet

Investments better the $16.8 billion (across 503 transactions) in the same period in 2019, according to Venture Intelligence.

Investment pipeline charts a different course on its way to India

Old favourites Singapore and Mauritius slowly giving way to funds from Cayman Islands and British Virgin Islands, whose flows into into the country have grown 267% and 469%, respectively

Jio adds 6.25 mn users, Vodafone Idea loses 3.5 mn in February: Trai

Subscribers of Bharti Airtel and Bharat Sanchar Nigam Ltd (BSNL) rose by 922,946 and 439,318, respectively.

Vodafone Idea lost 3.5 mn subscribers in Feb; Jio added 6.3 mn users: Trai

State-owned Bharat Sanchar Nigam Ltd (BSNL) garnered 439,000 subscribers during February

Health to retail: Jio Platforms' plan to be No 1 in B2C revealed

Jio Platforms, the digital services subsidiary of Reliance Industries, is working on a three-point strategy.

Top headlines: RBI's central board meet, Sebi relaxing pricing norms & more

From Indigo introducing 'Flexifare', Jio eyeing more share in B2C space, Vedanta moving closer to delisting, here are the top news on Friday morning

Top headlines: Sebi on insider trading, pvt investment in space research

Business Standard brings to you top stories of the day which made it to the headlines

Pompeo declares Reliance Jio 'clean' for spurning Huawei telecom gear

Reliance Industries Chairman Mukesh Ambani had told US President Donald Trump during his February visit to India that Jio was the only network in the world to not have a single Chinese component

Competition Commission approves Facebook-Jio deal worth $5.7 billion

Jaadhu Holdings, LLC is an indirect wholly owned subsidiary of Facebook, Inc. through which it acquired the 9.9 per cent stake in Reliance's Jio

Competition Commission approves Facebook's 9.99% stake purchase in Jio

Jio Platforms was created in October last year to house all-digital initiative of Reliance

Reliance may bring Jio and retail IPOs to unlock shareholder value: Report

Given the $15 billion Aramco deal and free cash flow outlook in the next several years, net debt to equity could continue to fall beyond FY21

Jio poised to play key role in development of 5G ecosystem in India: RIL

"Jio with its 5G-ready network and extensive fiber assets, would play a key role in the development of the 5G ecosystem in India, based on market dynamics," the annual report stated

Facebook seeks legal advice on $5.7-billion investment in Jio Platforms

Social media giant has some investors from China, wants clarity on beneficial ownership norms

Jio Platforms' bull-case value seen at $110 bn by FY22: BofA Securities

Outlining a "bull-case" scenario, the BofA Securities report said it expects Jio's ARPU to stabilise to Rs 250 (and not Rs 300) in the long run

Chinese hackers attack defence ministry, many pvt entities like Jio: Report

The sectors that were targeted were telecom, pharma, media companies, smartphone makers, construction, and tyre firms

Jeff Bezos, Mukesh Ambani rise in wealth report on coronavirus times

China-based Hurun Research's report tracks wealth changes of successful entrepreneurs in the four months ending May 31.

Reliance Industries becomes first Indian firm to hit $150 bn market cap

Reliance Industries on Friday became the first Indian company to cross the Rs 11 trillion market valuation mark

Explained: How Vodafone Idea can survive in the three-pronged battle

Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.

With Jio stake sale, RIL struck more sale deals in Q1 than in last 11 years

In terms of value, RIL's June quarter deal (sales, purchase and joint venture included) activity, is more than 68 per cent of the conglomerate's combined deal activity between FY2010 and FY2020

Mukesh Ambani now 9th richest globally; RIL's m-cap crosses Rs 11-trn mark

In March 2020, Ambani was ranked 21st on Forbes' annual billionaire list, with a net worth of $36.8 billion, while Page and Brin were 13th and 14th.