Page 69 - Reliance Jio

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

Second deal in a day for Jio Platforms: L Catterton to invest Rs 1894.5 cr

Jio Platforms has now announced a combined investment of Rs 104,326.95 crore in 10 deals since April 22

TPG to invest Rs 4,547 cr; Jio Platforms fund raising crosses Rs 1 trillion

This is the eighth deal announced by RIL in the last two months

Manoj Modi, the rainmaker behind Mukesh Ambani's $13-billion deal spree

Reserved and mostly invisible to the public, Modi is viewed by many insiders and others in India's business world as the right hand of billionaire Mukesh Ambani.

SC's AGR observations a setback for Voda Idea; others may survive

The SC has not dictated the telcos to pay the dues right away, which shows its flexibility on the matter

Jio-Facebook platform can open digital market worth $2 trn by 2025: Report

Customer behaviour will see permanent shifts to higher digital adoption in e-commerce/online grocery, digital payments, and digital content from Covid, the report stated

Telecom sector may remain three-player market, Vodafone Idea seen surviving

ARPU gains, hopes of government intervention and upgrades for Vodafone Idea strengthen Street's view

RIL climbs around 3%, hits new high as Co to sell 1.6% stake in Jio to ADIA

Edelweiss Securities recently said that the company is expected to repay its entire reported net debt even if the Saudi Aramco deal is delayed.

RIL to sell 1.16% in Jio to Abu Dhabi Investment Authority for Rs 5,684 cr

8th investment values firm at Rs 4.9 trn on equity value basis