Page 70 - Reliance Jio

Jio Platforms' 7th deal in less than 7 weeks: ADIA to invest Rs 5,683.50 cr

With this investment, Jio Platforms has raised Rs 97,885.65 cr from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala and ADIA.

Three telecom players needed

Duopoly, with only Jio and Airtel, will be unhealthy and lead to job losses in the sector

Reliance Jio offers free Hotstar+Disney, Amazon Prime yearly subscription

Here is what Reliancec Jio offers in the free Hotstar+Disney and Amazon Prime yearly subscription

Rights issue, Aramco deal could make RIL debt-free 3 months before target

Reliance also received Rs 7,000 crore by selling 49 per cent stake in its petro retail business to BP

Silver Lake raises stake in Jio platforms, invests additional Rs 4,546 cr

Reliance Industries in a statement said with this, aggregrate investment by Silver Lake in Jio Platforms will be Rs 10,202.55 crore

RIL raises over Rs 1 trn in 6 weeks, sells 19.9% stake in Jio Platforms

The Mukesh Ambani-led company plans to reduce debt with the proceeds from the stake sale

Top headlines: Govt says no new schemes, Abu Dhabi fund to invest in Jio

From Modi government planning for the eighth term at UNSC, RBI creating Payments Infrastructure Development Fund to Elon Musk calling for a breakup of Amazon, here are the top headlines of the day

Facebook to Mubadala: Investors queue up for stake in Jio Platforms

Including investment by the Abu Dhabi fund, Reliance has now sold a combined 19% interest in Jio Platforms in six deals announced over as many weeks

RIL up 2%, hits new high as Abu Dhabi's Mubadala to buy 1.85% stake in Jio

Abu Dhabi state fund Mubadala Investment Co will buy a 1.85 per cent stake in its digital unit, Jio Platforms, for Rs 9,093.6 crore.

Top 10 biz headlines: Govt releases state GST dues, jobless rate falls

The top headlines Friday morning: from Jio Platforms bagging another international investor to India's consumer confidence.

Amazon in talks to buy 5% stake worth $2 billion in Bharti Airtel: Report

The planned investment, if completed, would mean Amazon acquiring a roughly 5% stake based on the current market value of Bharti

Market Ahead, June 4: All you need to know before the opening bell

Today, a total of 15 companies including DLF, PI Industries, and SRF are scheduled to announce their March quarter results

Total Reliance: Why investors are betting on Jio Platforms' future

Over the past six weeks, Jio Platforms has raised a striking $10 billion from global investors

Facebook to acquire 9.9% stake in Jio Platforms via Jaadhu Holdings

In April, Facebook had announced an investment of $ 5.7 billion (Rs 43,574 crore) in Jio Platforms.

The corona deals

The pandemic will hurry the closure of brands and businesses that would have gone into gradual decline. Wait then for more deals to be announced in media and entertainment

Despite Moody's rating downgrade, indicators point to rupee revival

Currency dealers say the Reserve Bank of India (RBI) intervened in the currency markets, and may have even bought some bonds anonymously from the secondary markets.

Paytm claims telcos not preventing phishing; HC seeks Centre, Trai response

A bench of Chief Justice D N Patel and Justice Prateek Jalan issued notice to the Ministry of Communication, Telecom Regulatory Authority of India and major mobile service providers

Voda Idea, Bharti Airtel: How to trade telecom stocks in the current market

Telecom stocks have been in limelight since the past few weeks - be it Jio Platforms selling stake to marquee global investors or Google eyeing stake in Voda Idea. Here are the key levels to track

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.

Reliance Industries' rights entitlement surges 14% a day before close

Units worth nearly Rs 150 crore changed hands on the NSE and another Rs 554 crore on the BSE.