Page 73 - Reliance Jio

Reliance Industries confident of hitting zero net debt target by December

Focus shifts from Aramco to Jio Platforms deal to achieve the goal ahead of the March 2021 deadline

Aim to extend tech built with Jio to rest of world: Mark Zuckerberg

He added that the company's strong balance sheet proved to be an "important asset" this quarter, enabling it to commit to a "long-term growth priority in India even in the midst of a global crisis"

The making of super apps: Where does India stand after Facebook-Jio deal?

While most of the Super-Apps owes their origin to messaging, the success factor however has been the 'payments' feature which helps them to monetise faster

Reliance Jio reports 127% jump in profit before tax to Rs 2,931 crore in Q4

At the net profit level, aided by lower interest costs, the company recorded a growth of 73 per cent on a sequential basis and nearly trebled over the year-ago period.

The Reliance game plan

The Facebook investment is a high-stakes gambit with dual possibilities

Reliance Jio Q4 profit zooms to Rs 2,331 crore on rising subscriber base

Seen sequentially, the net profit grew 72.7 per cent when compared to Rs 1,350 crore in December quarter

Mukesh Ambani needs to balance the ship; rights issue not very attractive

Mukesh Ambani needs to balance the ship now; RIL rights issue unattractive

Target zero net debt? RIL board to consider rights issue on April 30

Results, dividend, issue of shares to existing shareholders on Thursday meeting's agenda

Reliance begins using WhatsApp for grocery deliveries through JioMart

The Facebook deal will help Ambani set up a digital platform to take on Amazon and Walmart's Flipkart in an e-commerce market

Days after deal with Facebook, RIL starts WhatsApp-based online portal

JioMart, an e-commerce venture of Reliance Retail, went live in three neighbourhoods surrounding Mumbai, leveraging a deal that gives it access to WhatsApp's 400 million users in India

Amazon announces programme to help offline stores leverage power of online

Code-named 'Local Shops on Amazon', the programme expected to help the ecommerce major take on rival Flipkart and Reliance's JioMart

Voda, Airtel may go the Jio way, scout for tech giants looking for tie-ups

Telcos could explore equity tie-ups with tech majors

Facebook, RIL to offer smart videoconferencing, mixed reality solutions

On Wednesday, Facebook announced a deal in which it took 9.9 per cent stake in Jio Platforms, a fully-owned subsidiary of Reliance Industries, for Rs 43,574 crore.

Reliance Jio connects with Facebook for $5.7-billion equity deal

Investment values Jio Platforms at Rs 4.36 trn; US giant gets 9.99% stake, board seat; collaboration is non-exclusive

Top biz headlines: Facebook stake in Jio, economy under Covid-19 and more

Here are the top 10 business headlines of Thursday

Best of BS Opinion: War with the virus, Jio-Facebook deal, and more

Here's a selection of Business Standard opinion pieces of the day

Facebook-Jio deal may see more foreign e-commerce firms flock to India

WhatsApp's integration into Jio's e-com platform holds the key: Experts

Jio Platforms now more valuable than rest of RIL businesses put together

At Wednesday's price, RIL's market capitalisation stood at Rs 8.64 trillion. This means, the other businesses are being valued by the Street at Rs 4.28 trillion

One-stop shop

Jio-Facebook deal would change India's digital economy

Why Facebook is spending billions for a minority stake in Reliance Jio

The social media giant apparently seeks to catch up on mobile commerce after its WhatsApp Pay failed to make a mark