FeaturedOil & GasSaudi Aramco to continue seeking business opportunities in IndiaIFM CorrespondentNovember 23, 2021 by IFM CorrespondentNovember 23, 2021 The announcement comes after Reliance Industries scrapped a plan to sell a stake in its oil-to-chemical unit... Read more
FinanceGIC joins consortium to invest $ 418 mn in Chinese healthcare firm I-labPritam BordoloiSeptember 7, 2020September 7, 2020 by Pritam BordoloiSeptember 7, 2020September 7, 2020 The consortium is led by Hillhouse Capital Group... Read more
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
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