Page 72 - Reliance Jio

In Jio's 5th big deal in a month, KKR picks up 2.32% stake for Rs 11,367 cr

Total Rs 78,562 crore invested in recent weeks that value Jio Platforms for an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion

Market Ahead, May 22: Top factors that could guide markets today

A total of 25 companies including Alembic Pharmaceuticals, IDFC First Bank, and UPL, are scheduled to announce their March quarter earnings later in the day

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

Tariffs unsustainably low, more needs to be done, says Bharti Airtel CEO

Airtel had, on Monday, reported Q4 loss at Rs 5,237 crore, mainly on account of provisioning for paying statutory dues, while its full year losses ballooned to a record Rs 32,183 crore.

Uptick in ARPU helps Bharti Airtel trump Reliance Jio in Q3 numbers

A 12-quarter high ARPU, strong 4G subscriber addition give a boost to revenue

RIL says core business has got 'demand-side shock' due to coronavirus

The company listed the pandemic as internal risks in its letter of offer for its upcoming rights issue.

Direct to home

Doorstep delivery is the biggest opportunity thrown open by the coronavirus crisis. Inevitably, new leaders will emerge in this landscape

Market Ahead, May 18: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Companies like Bharti Airtel, Bajaj Auto, Colgate Palmolive, and Dr Reddy's are scheduled to come out with their March quarter numbers

Top biz headlines: Final tranche of Rs 20-trn package, lockdown 4.0 & more

Here are the top ten business headlines on Monday morning

General Atlantic picks up 1.34% stake in Jio Platforms for Rs 6,598 crore

This is the fourth such stake sale within a month and it values Jio Platforms at Rs 4.91 trillion on an equity basis and Rs 5.16 trillion on an enterprise-value basis

General Atlantic picks 1.34% stake in Jio platforms for Rs 6,598.38 cr

Jio Platforms has raised Rs 67,194.75 crore from leading technology investors, including Facebook, Silver Lake Partners, Vista Equity Partners and General Atlantic, in less than four weeks

Made in India, for and by Indians, says Reliance Industries on rights issue

In a corporate presentation titled 'New Reliance for a New India', released on Friday, RIL termed itself as the best proxy for India's consumption-driven and tech-propelled growth story.

Reliance Jio leads in subscriber numbers in NCR, says Trai report

Reliance Jio added 271,000 subscribers in the month of January to achieve the milestone

Saudi, US companies also eyeing stakes in Reliance's Jio Platforms

The deal could be completed as soon as this month, though no agreement has been finalised and plans may change

Vista Equity Partners to invest Rs 11,367 crore in Jio Platforms

Deal part of RIL plan to unlock 19% stake in Jio to become debt-free

RIL repositioning as consumer, tech co may push up stock price: J P Morgan

J P Morgan said that the core energy business could be staring at multi-year slump

Market Ahead, May 8: All You Need To Know Before The Opening Bell

A total of 13 companies, including SBI Cards and Shree Cements, are scheduled to announce their March quarter results today

RIL sells another 2.32% in Jio, this time to Vista Equity for Rs 11,367 cr

This is Jio's third major announcement in three weeks after it previously sold stakes to Facebook and Silver Lake

Expect slippages to rise to 9% post lockdown: YES Bank's Prashant Kumar

The plan to raise up to Rs 15,000 crore is very much on. We have identified six merchant bankers for the process and are waiting for the Q4 results to be out, YES Bank's MD said

Silver Lake checks into Jio Platforms, snaps up 1.15% for over Rs 5,600 cr

Investment will help RIL pare debt, improve valuation