JioMart’s Jio Moment – Can The RIL Company Disrupt Indian Retail?

Queuing up at his local store for grocery worried Naman Jain. With coronavirus cases rising, it was too much of a risk for the resident of the Mumbai suburb of Thane. RIL’s ambitions for Jio are bigger and deeper, says…

Airtel-ZEE5 Extend Partnership As Telcos Inch Towards Bundled App Ecosystem

Customers of Airtel Thanks will now get free, unlimited access to ZEE5’s premium content library as part of their exclusive benefits, the companies announced. Airtel, like rival Reliance Jio, has been inching towards a bundled app ecosystem powered by content.…

Airtel Selects IBM And Red Hat To Build Open Hybrid Cloud Network

Bharti Airtel (“Airtel”), one of India’s largest integrated telcos, has selected IBM and Red Hat to build its new telco network cloud, designed to make it more efficient, flexible and future-ready to support core operations and enable new digital services.…

Airtel Selects IBM And Red Hat To Build 5G-Ready Open Hybrid Cloud Network

Bharti Airtel has selected IBM and Red Hat to build its new 5G-ready telco network cloud to support core operations, monetise the telco’s pan-India 4G network with the help of new services and be more competitive against main rival Reliance…

Airtel Dials IBM As Battle With Jio Heats Up

IBM on Monday announced a major deal with Bharti Airtel to build a new open hybrid cloud network that will be more efficient and flexible than what exists now, will enable new digital services, and be ready for emerging technologies…

Reliance’s Jio Platforms In Talks With General Atlantic, Other Foreign Funds For Stake Sale

Reliance Jio has cut three equity deals with three major investors in three weeks. First came the $5.7 billion stake sale to Facebook, making it the largest minority shareholder in Jio, followed by another 1.15 percent dilution to Silver Lake…

3 Deals In 3 weeks: Vista Equity Now Invests $1.5 Billion In Reliance Jio

Mukesh Ambani's Reliance Jio has been able to attract the third big investor - Vista Equity Partners - which is the world’s largest tech fund following its landmark deal with Facebook. Sanchit Vir Gogia, Chief Analyst and CEO, Greyhound research…

Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man

Billionaire Mukesh Ambani is a man on a mission: to dominate India’s consumer Internet market -- from online retail to digital payments. He just sealed three deals in as many weeks to raise a combined $8 billion, including from Facebook…

Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr

Reliance Jio Platforms (Jio Platforms), a subsidiary of Reliance Industries (RIL), is selling 1.15 per cent stake to private equity (PE) firm Silver Lake for Rs 5,655.75 crore. The investment — the second in a fortnight - highlights its focus…

PE Giant Silver Lake That Backed Alibaba, Airbnb, Others Takes Reliance Jio Closer To IPO

American private equity giant Silver Lake Partners' investment in Reliance Jio comes in less than two weeks of the Facebook deal. Silver Lake has paid a 12.5 percent premium over Facebook. Its $750 million infusion in Jio Platforms takes the…

Silver Lake Investment A Shot In The Arm For Jio Platforms

Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1257152089869836290?s=20 https://twitter.com/s_v_g/status/1257153384357883904?s=20 https://twitter.com/s_v_g/status/1257154348028530688?s=20 https://twitter.com/s_v_g/status/1257155304917135360?s=20 https://twitter.com/s_v_g/status/1257156687523246080?s=20…

Reliance Jio Connects With Facebook For $5.7 Billion Equity Deal

Facebook and Reliance Jio hit the headlines early Wednesday morning, in a break from the daily lockdown news. Mark Zuckerberg announced in a Facebook post that the technology giant will acquire a 9.99 per cent stake in Jio Platforms Ltd (JPL) through a fresh issue of shares worth…

Facebook-Reliance Deal To Boost JioMart, Open Door For Small Businesses

India’s small and medium businesses (SMBs), which are struggling due to the covid-19 pandemic, got a shot in the arm on Wednesday with social media giant Facebook announcing a $5.7-billion investment in Jio Platforms Ltd, which is owned by Reliance…

Facebook Investment In Jio Is Deeper Than It Appears

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#BoycottJio Controversy: No More Than A Storm In A Teacup

On October 9, 2019, I noticed my Twitter timeline was abuzz with a hashtag, #BoycottJio. Until then, I hadn't heard about the announcement by Reliance Jio to charge users 6 paise per minute for voice calls made to other networks.…

Reliance Jio, Microsoft Partner To Bring Azure Cloud To Jio’s Data Centers

Reliance Jio and Microsoft have entered into a long-term alliance to offer a set of solutions comprising connectivity, computing, storage solutions etc to create more affordable offerings for Indian SMBs, startups and large enterprises while also adding capabilities to Reliance Industries’ ecosystem. Sanchit…

ETTelecom 5G Congress 2019: Wider 5G Adoption Possible With Indian Standards

5G technology is poised as the latest iteration of wireless network connectivity to bring out the best potential of IoT driven innovations across industry. India is pushing for a local approach in bringing standard to enable relevant use cases for wider 5G adoption.…

Mukesh Ambani Sets Out To Dominate Digital India

For all the publicity blitz accompanying Mukesh Ambani’s $30bn charge into the digital economy, the details of his long-term strategy remain a closely guarded secret. Mr Ambani’s Reliance Jio venture has upended India’s telecom sector, devastating the profits of incumbent operators…

Airtel, IBM Tech Outsourcing Deal Extended Till Jan-end

Bharti Airtel has temporarily extended its technology outsourcing contract with IBM till January end, and is in talks with the US firm for a new contract after that, which could be narrower in scope and lower in value, at $200-250…

Rajan Anandan Quits Google India, To Join Sequoia India As MD

Rajan Anandan, who led Google’s operations in India and South-East Asia, is leaving the company to join Sequoia Capital India. Anandan, who had an eight-year stint at Alphabet Inc.’s Google, will become managing director at Sequoia Capital India, the venture capital…

How To Choose Between Google One, OneDrive, iCloud

In a bid to enhance its revenue from storage on the cloud in India, Google Inc. has launched a new cloud storage subscription service called Google One. The idea, according to the company’s tagline, is to “get more out of…

The Next 20 Years Could Be Even Bigger And More Challenging For Google

When Google started 20 years ago, the mission was to organise the world’s information and make it universally accessible and useful. That seemed like an incredibly ambitious mission at the time-even considering that in 1998 the web consisted of just…

Google Wants To Bring Everyone Online In India Through Its Next Billion Plan

If you bump into a lanky, blonde and bespectacled American at Borivali railway station during morning rush hour, don’t be puzzled. That’s Josh Woodward, and he knows more about you that you could possibly imagine! Over the past two years,…

Google Eyes Smart Feature Phones Segment Yet Again

Google is back exploring the Indian semi-urban and rural market with its revamped cheap smartphone programme. In its first attempt in 2014, the internet giant had partnered with Micromax, Karbonn and Lava to roll out the devices under its Android…

Reliance Jio और Google “चुपचाप” कर रहें हैं, ‘सस्ते 4G एंड्राइड स्मार्टफोन’ के निर्माण का प्रयास

अपने लॉन्च के बाद से अब तक Reliance Jio ने 100 मिलियन से अधिक उपयोगकर्ताओं के साथ भारत के सबसे बड़े 4G टेलीकॉम नेटवर्क में से एक बनने का शानदार सफ़र तय किया है | लेकिन इसके बावजूद कंपनी अब…

En halv million nye mobilkunder – hver dag. Alle ringer gratis.

Den indiske milliardæren Mukesh Ambani satser på å lykkes hvor Telenor, Vodafon og andre har tapt enorme beløp. Han har brukt over 200 milliarder kroner for å ta markedsandeler og knuse konkurrentene – også sin egen bror. – En slik…

Google, Reliance Jio Developing Affordable 4G Smartphone

Google and Reliance Jio may be secretly working on an affordable smartphone that will work exclusively on the latter’s 4G network. The phone is expected to be launched before the end of this year, according to industry sources aware of…

Uber-Reliance Jio Partnership Signals Larger Battle In Mobile Wallets

Mukesh Ambani-promoted Reliance Jio’s partnership with Uber, the American cab-hailing company announced on Monday, signals a larger battle in the mobile wallet space where Paytm leads with over 160 million users. Airtel could not gather the critical user base while…

Telecom Wars To Continue In 2017, Consolidation Seen

Sanchit Vir Gogia, Chief Analyst & CEO of the Research & Advisory firm Greyhound Research, said operators would focus more on the enterprise side to push revenues. “Revenue is a challenge, particularly in the B2C space; we will see telcos focusing on the…

It’s No Holds Barred In The Video Chat War

Last week, the world’s most used instant messaging service WhatsApp added a new feature to its already popular platform. The Facebook-owned company launched a video calling facility which allows users to see others while talking. Just a few months earlier…