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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…
Read More Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man
Even as India entered lockdown, there was a surge in the number of deals. On offer were huge discounts, easy financing terms, buy-now-pay-later schemes, and free three-month trials. The catch: These deals were not from real estate, telecom, or e-commerce,…
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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…
Read More Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr
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…
Read More PE Giant Silver Lake That Backed Alibaba, Airbnb, Others Takes Reliance Jio Closer To IPO
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Read More Silver Lake Investment A Shot In The Arm For Jio Platforms
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Nobody wants to be slotted or be identified as a specific type of individual. But the fact is, we are all, a particular type. We all have our strengths, our quirks, and a lot more that allows those around us…
Read More COVID-19 Is Evolving Quick, So Should You Dear Technology Decision-Maker
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India's IT and ITES sector spearheading the work from home (WFH) model is set to usher in a radical restructuring of business models that will transform everything from collapsing management hierarchies, expenses on commercial real estate to the hiring of…
Read More IT, ITES Work From Home Set To Spearhead New Corporate Business Models
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When Swedish nationals Nami Zarringhalam and Alan Mamedi founded Truecaller in 2009, they didn’t have India on their radar, not even remotely. They had built the caller-id app for personal use, to screen calls from angry companies who wanted reviews…
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Last month, Google’s chief business officer Phillip Schindler was explaining to his employees via videoconferencing why Silicon Valley-based start-up Zoom has edged out some of the biggest names in technology, when suddenly his son surfaced on the camera and asked…
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Read More RedHat Summit 2020 Reinforces Focus On Hybrid Cloud
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Read More Mandatory Work From Home Is The (Near) Future Of Work
Indian IT services providers Tata Consultancy Services, Infosys and Wipro expect their communications and utilities verticals to clock steady growth, even as the core financial services, retail and travel segments take a hit due to the Covid-19 pandemic. Clients in the travel and hospitality industry have already reduced…
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…
Read More Reliance Jio Connects With Facebook For $5.7 Billion Equity Deal
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…
Read More Facebook-Reliance Deal To Boost JioMart, Open Door For Small Businesses
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Read More Facebook Investment In Jio Is Deeper Than It Appears
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Companies across sectors are more likely to look out for advanced tools and technologies that could facilitate their business growth multifold once the shutdowns following the Coronavirus pandemic are lifted worldwide, a top Verizon executive said.Australia-based Robert Le Busque, Managing Director at Verizon Asia Pacific, …
Read More Companies To Seek Technological Intervention To Reinforce Business Post-Pandemic Shutdown
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Read More #MeAt20: Nostalgia Is A Seductive Liar, And A Possible Honey Trap
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Read More The Coronavirus Is Changing How Consumers View Money And Spending
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Apart from work from home, business process management (BPM) companies have taken a host of measures to ensure employee engagement and client productivity. This has meant changing things not just in India, but a host of other geographies that they are present…
Read More Hyper AI To Wellness Helpdesk: BPM Firms Adapt To Coronavirus Crisis
Last 45-60 days have been nothing short of a whirlwind for all of us. From cancelled travel plans to complete shutdowns, most countries have been impacted in more ways than one.While the scale of the COVID-19 pandemic is still unravelling…
Read More COVID-19 Is Both A Rude Reminder And A Game Changer For Tech Companies
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