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…
Tag: DPIIT
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…
Read More 3 Deals In 3 weeks: Vista Equity Now Invests $1.5 Billion In Reliance Jio
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…
Read More Vista Stake Caps $8 Billion Deal Run for Asia’s Richest Man
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…
Read More Silver Lake Checks Into Jio Platforms, Snaps Up 1.15% For Over Rs 5,600 cr
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…
Read More PE Giant Silver Lake That Backed Alibaba, Airbnb, Others Takes Reliance Jio Closer To IPO
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…
Read More Silver Lake Investment A Shot In The Arm For Jio Platforms
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…
Read More Reliance Jio Connects With Facebook For $5.7 Billion Equity Deal
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…
Read More Facebook-Reliance Deal To Boost JioMart, Open Door For Small Businesses
Facebook Investment In Jio Is Deeper Than It Appears
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/1253173973757513728?s=20 https://twitter.com/s_v_g/status/1253176766610341888?s=20 https://twitter.com/s_v_g/status/1253178329315725312?s=20 https://twitter.com/s_v_g/status/1253179922752798720?s=20 https://twitter.com/s_v_g/status/1253181489564381184?s=20…
Read More Facebook Investment In Jio Is Deeper Than It Appears
New-Age Internet Companies Are Going Big On Soft-Skill Training
New-age internet companies across the eCommerce, food-tech and fintech sectors are increasingly using soft-skill providers to train their workforce. These human resource development programmes have traditionally been used by the manufacturing and automobile industries for their staff. “Even larger companies…
Read More New-Age Internet Companies Are Going Big On Soft-Skill Training
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…
India Has Added Two New Tech Unicorns In Just The Last Month
2019 is turning out to be great for Indian internet ventures. It’s not even mid-way into the year, and the country has already seen two internet firms achieve unicorn valuations, and at least one more is close to the milestone.…
Read More India Has Added Two New Tech Unicorns In Just The Last Month
Who Wins And Who Loses If India’s Draft eCommerce Rules Are Implemented
In proposing to tighten the rules around e-commerce, India is both offering respite and ruffling feathers in equal measure. The draft e-commerce policy released by the Modi government on Feb. 23 is poised to shake up the country’s nearly $40 billion (around Rs2.8 lakh crore) online…
Read More Who Wins And Who Loses If India’s Draft eCommerce Rules Are Implemented
E-commerce Policy Draft: DPIIT Digs Heels On Data Localisation
Following the ‘data is oil’ argument often used by businesses, the latest e-commerce policy draft focuses on different aspects of data localisation, while also seeking to establish data as an economic resource, said experts. The government has made its intent to regulate…
Read More E-commerce Policy Draft: DPIIT Digs Heels On Data Localisation