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…
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,…
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…
Share using #GreyhoundStandpoint & #InsightsThatInspire
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. “It is a multi-tangential issue. Indian IT services have a base in China…
Share using #GreyhoundStandpoint
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…
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…
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…
Share using #GreyhoundStandpoint
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…
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…
Share using #GreyhoundStandpoint
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…
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…
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…
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…
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…
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…
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,…
Amid the worst health crisis the world has ever seen, former Capgemini executive Thierry Delaporte will have to face challenges at multiple levels, cultural and structural as he takes charge as Wipro CEO on July 6, 2020. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;}…
IT major Wipro on Friday said Capgemini Group veteran Thierry Delaporte will join the company as its Chief Executive Officer and Managing Director with effect from July 6, 2020. He succeeds Abidali Z Neemuchwala, whose decision to step down from…
A potential investment in Vodafone Idea by global technology giant Google will further heat up the race to create the next big connected digital ecosystem in India, analysts feel. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;} /* Add your own Mailchimp form…
The appointment of Thierry Delaporte as chief executive officer (CEO) and managing director (MD) Wipro Ltd is seen as a historic move by industry observers, as he perhaps will be the first non-Indian to be at the helm of any…
Jio Mart, Reliance Retail’s answer to Amazon and Grofers, went national Saturday. Given that its success, if it happens, will also depend on sister concern Jio Platforms’ 380 million and growing subscriber base, there are concerns around how privacy and…
Less than a month after starting a WhatsApp Ordering Service in Navi Mumbai, Reliance has rolled out JioMart widely. The ecommece platform, which Reliance calls a "single virtual store", will deliver products in 200 towns and cities in India, including…
