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Reliance Industries, India’s largest company in terms of market capitalization, on Friday, said Intel Capital has invested USD 253.6 million in its digital arm Jio Platforms for a stake of 0.39%. This essentially means the investment arm of the American…
On July 03, 2020, Reliance Industries Limited (RIL) announced Intel Capital’s decision to invest INR 1,894.50 Crore for 0.39% equity stake in Jio Platforms, a wholly-owned subsidiary of RIL. Intel Capital has invested at an Equity Value of Rs 4.91…
Updated on July 03, 2020 The last 2+ months have been a rather busy one for Reliance Industries Limited (RIL). The company has announced twelve big investment deals – from Facebook, Silver Lake Partners, Vista Equity Partners, General Atlantic, KKR…
A day after the Union government banned 59 Chinese applications, including popular ones such as TikTok, Shareit, Mi Video Call, Club Factory and Cam Scanner, citing threat to national security and sovereignty, an Information Technology Ministry official said the banned…
India’s ban on 59 Chinese apps includes one that has ruled the roost in the country for years. The reach of TikTok, owned by Beijing-based Bytedance, eclipses all other live-streaming apps in India by a huge margin. More than a third of Indian smartphone…
Lệnh cấm được đưa ra trong bối cảnh căng thẳng cực độ ở biên giới Ấn Độ và Trung Quốc. Các ứng dụng trong danh sách cấm bao gồm các dịch vụ khác nhau như thương mại điện tử, game,…
Twitter Chronicles is an effort by Greyhound Research to share with its readers and subscribers a collection of the most relevant tweets on a given topic. This post will include both the tweets sent out by our analysts and responses we…
The Government of India on Monday banned 59 applications, most of them popular Chinese applications such as TikTok, Shareit, Mi Video Call, Club Factory and Cam Scanner, citing threat to national security and sovereignty. The ban comes amid continuing tensions…
In a big move, the Indian government on Monday (June 29) banned as many as 59 mobile applications, many of them owned and controlled by Chinese players in the markets spread across e-commerce, social media, gaming and entertainment sectors. This…
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The partnership between Reliance Jio Infocomm Limited and Facebook as well as the reported interest of Google in Vodafone-Idea and Amazon starting early investment talks with Bharti Airtel (although both telecom companies denied the reports), are developments poised to blur…
With the India-China border face-off in Galwan Valley of Ladakh disrupting trade relationship between the two sides, the country’s IT services companies say they are watching the developments keenly.
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Jio Platforms is on a tear. The telecoms and digital arm of the Indian conglomerate Reliance Industries Limited (RIL) has raised $15.2 billion in 11 deals over two months amid a worldwide pandemic.
With everyone clamoring to own a piece of Jio Platforms Ltd., owner of India’s largest mobile operator, Jio’s parent company may be eyeing an overseas listing.
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