Page 69 - Reliance Jio

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.

In pics: How Mukesh Ambani's RIL became net debt-free in just 58 days

Here's a timeline of Reliance Jio Platforms' six mega investment deals with foreign players and one additional commitment announced since April 22, 2020

What makes Morgan Stanley, Goldman Sachs, CLSA bullish on RIL

According to Morgan Stanley, multiple triggers - asset sales, pickup in energy cash flows, increased traction in omni-channel retail and rise in telecom ARPU- could further drive the stock

Reliance sells 2.32% stake in Jio to Saudi wealth fund PIF for Rs 11,367 cr

The investment by Saudi sovereign wealth fund is "at an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion", the company said in a statement.

Mukesh Ambani nears deal to buy stake in some units of Future Group

An agreement between Ambani's Reliance and Future, which already has a partnership with Amazon.com Inc., could be announced as early as next month

Saudi Arabia's PIF picks up 2.3% stake in Reliance Jio for Rs 11,367 cr

This is the 10th investment in Reliance Jio in nine weeks

Telcos told to stop sourcing 4G telecom equipment from Chinese firms

The major private operators - Reliance Jio, Bharti Airtel, and Vodafone Idea - are procuring their 4G equipment from multinational companies, such as Nokia, Ericsson, ZTE, Huawei, and Samsung.

Jio may capture nearly half the Indian telecom market by FY25: Bernstein

Jio's market share is expected to rise from 36 per cent in FY20 to 40 per cent in the current fiscal and to 48 per cent in FY25, it said

CCI to review Facebook's purchase of 10% stake in Reliance Jio

The US social media giant's $5.7 billion investment in Reliance's digital unit is the biggest among a string of investments amounting to $13.7 billion into Jio Platforms, controlled by Mukesh Ambani

Vodafone Idea: In Google's playstore?

In this battle of ecoystems, Google desperately needs a telecom company for its plans for India

Jio has a 'Sign in with Apple' like service but for Reliance employees only

Jio SecureID works through a dedicated app of the same name, which is available on Apple's App Store and Google's Play Store to download

The return of risk capital

Capital will always be available if returns are high enough to justify the risk

Jio fundraising tops Rs 1 trillion as TPG, L Catterton invest Rs 6,441 cr

The valuation of the deals is in line with recent transactions pegging Jio's equity value at Rs 4.91 trillion and enterprise value at Rs 5.16 trillion