Intel Capital invests USD 254 million in Reliance’s Jio Platforms

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…

Intel Will Help Jio Platforms Expedite On Its “Compute To Cloud” Vision

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…

RIL’s Ambitions For Jio Are Broader And Deeper Than What Meets The Eye

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…

TikTok, Other Apps Will Get Chance To Send In Their Clarifications

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…

Charted: There’s no match for TikTok’s popularity in India yet

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…

TikTok, Mi Call và 57 ứng dụng Trung Quốc bị cấm tại Ấn Độ

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,…

India Bans 59 Chinese Apps – A Bold But Pragmatic Decision

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…

Government Bans 59 Apps Including China-Based TikTok, WeChat

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…

India’s Apps Ban: China Gets Taste Of Own Medicine, But May Hit Vloggers

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…

World MSME Day During A Pandemic Is A Reminder Of Why MSMEs Must Believe In A Tech-Centric Future

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How Tech & Telecom Majors Joining Hands Will Change Content Delivery

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…

Galwan Valley Clash: Indian IT Services companies In Wait-And-Watch Mode

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. “It is a multi-tangential issue. Indian IT services have a base in China…

IBM May Cut Office Space In India By Half: Report

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11 Deals For $15 Billion In 10 Weeks: Why India’s Jio Platforms Is On An Investment Spree

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.   “RIL seems to have mastered [dealmaking] better than…

Analysts Tout Benefits Of Possible US IPO For India’s Jio Amid Investment Boom

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. In the next one-to-two years leading up to the IPO, Jio will significantly ramp…

What’s Next In The Jio-Vodafone-Bharti Airtel Rivalry?

India’s top telecom companies—Jio Platforms, Bharti Airtel, Vodafone Idea and the state-run BSNL—are in the midst of a phase they have not seen in years. A series of investments flowing into the leading player Reliance Industries Limited’s (RIL) Jio Platforms…

IBM Plans To Reduce Office Space By Nearly Half In India

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What Value Does Each Investor Bring To Jio Platforms?

Reliance Industries Limited has played many a masterstroke in the past 2 months. The company has managed to attract 10 strategic investments (from a total of 9 investors) and has raised US 14 Bn by divesting 22.38% in Jio Platforms.…

Making Sense of Reliance-Owned Jio Platforms’ Fundraising Spree

Jio Platforms has raised a whopping USD 13.7 billion from global investors in less than eight weeks, a feat probably no other seven-month-old company has ever achieved anywhere in the world.   Experts believe that it is Jio Platforms’ ability…

In India, a Facebook-led investment spree for Mukesh Ambani’s Jio Platforms

Jio Platforms has only been around in its current form since November, yet the digital arm of oil-to-retail giant Reliance Industries – whose chairman Mukesh Ambani is India’s richest man – has attracted almost US$13.5 billion in investment in the past eight weeks…

What Are The Challenges Ahead For Jio Platforms?

A lot has been written about Jio Platforms and how RIL has created history by attracting investments worth INR 1 Trillion in less than 2 months. While RIL has been hugely successful so far with Jio, a large part of…

Hexaware Plans Voluntary Delisting, Board To Discuss Proposal

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Slew Of Investments Make Early Jio IPO Likelier

India's wealthiest man, Mukesh Ambani, may be successful in listing his four-year-old tech commerce-telecom venture, Jio in foreign exchanges, all thanks to $12.5 billion (Rs 92,202 crore) funding raised in just over one and a half months.   “The second…

US Listing And A $100 Billion Valuation For Reliance Jio Likely?

India’s richest man Mukesh Ambani may soon be successful in listing his four-year-old telecom venture Jio in foreign exchanges thanks to the $12.5 billion (Rs 92,202 crore) funding the company has raised in a little over one and a half…

Why Investors Are In Love With Jio

In the past five weeks, amid global economic turmoil, some of the world's largest investors have poured a combined $10 billion into Jio Platforms, an Indian tech company poorly understood outside the country. But why — and why now? Sanchit…

Ambani Reshapes Reliance For Digital India With Jio Deals

TOKYO -- India's struggle against the coronavirus pandemic has not stopped a dealmaking whirlwind at Reliance Industries. As the country has slowed down, its biggest corporation by sales and market capitalization has only seemed to speed up. Since Facebook said…

What’s Next For Jio Platforms?

Deal-making is both an art and a science, and Reliance Industries Limited (RIL) seems to have mastered it better than anyone else. In 7 weeks, RIL has closed 8 deals from 7 marquee global investors. It's hard to find a…

Is The Constant Revolving Door At Wipro A Reason For Its Sluggish Growth?

Despite constant changes in the top executive role in the past 10 years, Wipro has lagged on the growth front. The company has grown at a much slower pace than its peers. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;} /* Add your own Mailchimp…

Will Google’s Interest In Vodafone Create The Next Big Tech-Telecom Partnership In India?

Google has been reportedly in talks with Vodafone Idea for buying a 5 per cent stake in the second largest telecom operator in India. However, Vodafone Idea on Friday clarified with the Bombay Stock Exchange that it is evaluating various…

Microsoft, Saudi Fund May Pick Up Stake In Jio

Smelling opportunity in crisis is, perhaps, an important virtue of the greats and Mukesh Ambani’s fast-growing Jio Platforms is beginning to stand testimony to the same. After attracting investments worth $10 billion (Rs 78,562 crore) in just over a month,…