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Right time for the LCO ecosystem to reinvent itself: Jio Platforms' Saurabh Sancheti

Mumbai: Saurabh Sancheti, the young and dynamic CFO of Jio Platfroms, and one of Fortune India’s 40 under 40 has been instrumental in scripting the success story of Reliance’s Cable business post its acquisition of two largest cable TV and broadband companies in the country - Hathway Cable &...

Television TV Channels People
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Jio Q4: Profit rises 47.5% to Rs 3,508 crore

KOLKATA: Reliance Industries Ltd’s (RIL) digital, telecom arm Jio Platforms’ net profit rose 47 per cent year-on-year to Rs 3,508 crore in the fourth quarter (Q4) of FY21. Its net profit stood at Rs 2,379 crore in Q4 of FY20. The company posted Rs 18,278 crore revenue from operations, compared to...

iWorld Telecom
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KKR to invest Rs 5,500 crore in Reliance Retail Ventures

Reliance Industries Limited (“Reliance Industries”) and Reliance Retail Ventures Limited (“RRVL”) announced that global investment firm KKR will invest Rs 5,550 crore into RRVL, a subsidiary of Reliance Industries.

iWorld Over The Top Services
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Google to invest Rs 33,737 cr in Jio Platforms for 7.7% stake

KOLKATA: Putting an end to the speculations floating around, Jio has welcomed Google as its new strategic partner. At the 43rd annual general meeting of Reliance Industries Ltd (RIL), CMD Mukesh Ambani made the announcement. The business tycoon said that Google will invest Rs 33,737 crore for 7.7...

iWorld Telecom
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Jio Platforms attracts two new global investors TPG, L Catterton

MUMBAI: Reliance Industries Limited’s biggest bet for future, Jio, has attracted ten investors in the last two months. Two more global investors TPG and L Catterton have acquired stakes in Jio Platforms on Saturday. With these two investments, Jio Platforms has raised Rs 104,326.95 crore from...

iWorld Telecom