How Reliance’s Jio Platforms snapped 10 deals in 2 months
Reliance Industries has raised Rs 64.Four billion ($847 million) from the sale of two stakes in its digital unit Jio Platforms, making them the tenth offers in lower than two … Read More
Tag: Reliance Jio
Abu Dhabi’s Mubadala to buy 1.85 % stake in Reliance Jio platforms for Rs 9093.6 cr
Abu Dhabi-based sovereign investor Mubadala Investment Company will purchase 1.85 per cent stake in Jio Platforms for Rs 9,093.6 crore, RIL mentioned on Friday. With this funding, Jio Platforms has … Read More
Reliance’s JioMart website goes live, expands services to more cities
Reliance Jio has launched its new e-commerce portal, JioMart, and began accepting orders in dozens of metropolitan cities amid the fourth part of the nationwide lockdown to manage the unfold … Read More
Reliance Jio gets $873 million investment from General Atlantic
Billionaire Mukesh Ambani prolonged his fund-raising streak for Jio Platforms Ltd. by promoting an $873 million stake to General Atlantic, an early investor in Airbnb Inc. and Uber Technologies Inc. … Read More
Reliance Industries jumps over 3% after company fixes rights issue date
Reliance Industries Ltd (RIL) shares jumped greater than 3% in morning commerce on Monday, seeking to lengthen its successful streak into the fifth consecutive session, after billionaire Mukesh Ambani-led oil-to-telecom … Read More
US-based firm invests Rs 11,367 crore in Reliance’s Jio Platforms
After Facebook and Silver Lake, US-based Vista Equity Partners will make investments Rs 11,367 crore into Jio Platforms for a 2.32 per cent stake, making it the third excessive profile … Read More
Reliance sells 1.15% stake in Jio Platforms to PE firm for Rs 5,656 crore
Reliance Industries Ltd mentioned on Monday that it has agreed to promote a 1.15% stake in unit Jio Platforms Ltd to non-public fairness investor Silver Lake Partners for Rs 5,655.75 … Read More
Facebook-Reliance deal: A quick look at the numbers
Social media big Facebook earlier as we speak introduced a monumental funding in India’s largest telecom firm, Reliance. An announcement coming from each Reliance Industries Limited head Mukesh Ambani and … Read More