Featured TelecomSaudi 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
Featured TelecomAbu 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
Featured TelecomMubadala 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
Featured Investment 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
Featured TechnologyChinese 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
Featured TelecomGeneral 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
Featured TechnologyFacebook 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
Featured TelecomFacebook 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
Currency FeaturedJapan may launch digital yen to counter ChinaPritam BordoloiFebruary 11, 2020February 11, 2020 by Pritam BordoloiFebruary 11, 2020February 11, 2020 The digital currency could go online in two to three years... Read more
Featured TechnologyVodafone becomes eighth member to quit Libra AssociationInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 Last year, eBay Visa, Mastercard, Mercado Pago, Stripe, Booking Holdings and PayPal left the association... Read more