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

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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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Unprofitable WhatsApp May Hit Facebook’s Profitable Apps: Mark Zuckerberg

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WhatsApp Business: How Companies Are Using App To Cut Costs And Communicate Better

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Walmart’s Acquisition of Flipkart – Key Questions Answered

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WhatsApp: The New Business Card, Storefront, And Cash Register

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“WhatsApp wins India’s payment wars!” No. That’s fake news.

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Indian Businesses Onboard Facebook Messenger Setting Up Rivalry With Whatsapp

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PayPal, A Pioneer That Introduced Digital Payments To The World, Now Wants To Ride India’s Boom

American online payments firm PayPal is looking at a bigger payoff from its bets in India. The company, which set up a startup incubator in Chennai in 2013, has now decided to start taking equity in the firms that join…

Axis Bank buys FreeCharge for USD 60 Million

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Can FreeCharge Be The Trump Card For Amazon’s India Play?

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Amazon Pay Gets $20 Mn From Parent, Rolls Out Third-Party Payment Services

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WhatsApp Has Business Chat, Payment Sectors In Its Sights

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Digital Payments: Paytm’s Biggest Contender Will Be WhatsApp Or Amazon?

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India’s E-Commerce Groups Urge To Stop Alibaba

A decade after allowing Amazon to start what would become India's largest online marketplace, Flipkart co-founder Sachin Bansal appealed for government protection against his former employer. "Alibaba could approach the e-commerce unit as a complement to Paytm's core business, hoping…

How Start-Ups Die Plop!

Start-ups, the playfield of the young and the restless, have had a hard reality check. Sanchit Vir Gogia, Founder & CEO, Greyhound Knowledge Group, calls 2016 “a year of anxi­ety” for Indian start-ups, with “a much-needed mar­ket correction” that saw…

Dance Of The Damned: Is The Paytm Founder Celebrating Too Soon?

At 43, Vijay Shekhar Sharma’s energy level is palpable, as he danced on “Malhari” the song from actor Ranveer Singh’s movie Bajirao Mastani, at the annual Paytm event. But Sharma forgot that in the era of internet, on which Paytm’s…

The Pillars That Maketh A True Cashless Society

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Demonetisation: How TCS, Which Counts RBI & Other Banks As Clients, Changed Back-End Systems Overnight

Late on the evening of November 8, 10 executives at Tata Consultancy Services got on a conference call to discuss how to ensure that their banking customers will be able to comply with Prime Minister Narendra Modi’s demonetisation announcement. “No…

Paytm Goes After Insurance – To Cover Auto, Cab Drivers

India’s largest digital payments company, Paytm, through its mobile wallets is looking at ways to revolutionise India’s insurance business. It has launched a program to offer health insurance to auto and cab drivers – 300,000 of them – who use…

Will Union Budget Give Impetus To Digital India Dream?

Through its landmark initiatives such as ‘Digital India’ and ‘Make In India’, the Indian government has demonstrated the importance of digital technologies for industries to sustain and grow. In the Union budget 2015-16, IT industry expects the finance minister to…