FeaturedTelecomUncategorizedGoogle to acquire 7.7% stake in Reliance Jio for $4.5 bnPritam BordoloiJuly 16, 2020July 16, 2020 by Pritam BordoloiJuly 16, 2020July 16, 2020 Both parties will develop smarter and cheaper JioPhone with Android OS for India... Read more
FeaturedTelecomIntel Capital invests $253.5 mn in Jio PlatformsPritam BordoloiJuly 3, 2020 by Pritam BordoloiJuly 3, 2020 Intel will acquire a 0.39% stake in Jio Platforms... Read more
FeaturedTelecomSaudi Arabia’s Public Investment Fund to invest $1.5 bn in Jio PlatformsPritam BordoloiJune 19, 2020 by Pritam BordoloiJune 19, 2020 PIF will acquire a 2.32% stake in Jio... Read more
FeaturedTelecomAbu Dhabi Investment Authority buys 1.16% stake in Jio for $752 mnPritam BordoloiJune 8, 2020June 8, 2020 by Pritam BordoloiJune 8, 2020June 8, 2020 So far, Reliance has now sold just over 21% of Jio Platforms... Read more
FeaturedTelecomMubadala Investment to buy 1.85% stake in Reliance Jio for $1.21 bnPritam BordoloiJune 5, 2020June 5, 2020 by Pritam BordoloiJune 5, 2020June 5, 2020 So far, Reliance has sold a combined 19% interest in Jio... Read more
FeaturedInvestment and fundingMicrosoft to invest $2 bn in India’s Reliance’s Jio PlatformsPritam BordoloiMay 28, 2020 by Pritam BordoloiMay 28, 2020 So far, Jio has raised around $10 bn from investors such as Facebook, Silver Lake, KKR and Vista Equity Partners... Read more
FeaturedTechnologyChinese government proposes stablecoin for four Asian countriesPritam BordoloiMay 22, 2020 by Pritam BordoloiMay 22, 2020 The four countries are Japan, China, Hong Kong and Korea... Read more
FeaturedTelecomGeneral Atlantic to invest $873 mn in India’s Reliance JioPritam BordoloiMay 18, 2020 by Pritam BordoloiMay 18, 2020 General Atlantic will acquire a 1.3% stake in Jio... Read more
FeaturedTechnologyFacebook buys 10% stake in Reliance Jio for $5.7 bnInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The social media giant is also planning to launch a payment feature for WhatsApp in India... Read more
FeaturedTelecomFacebook eyes 10% stake in Indian telco Reliance JioInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Talks between the two parties have stalled due to the Covid-19 outbreak... Read more