Mukesh Ambani

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Jio overtakes Hathway wired broadband subscriber base in Jun-20

BENGALURU: Mukesh Ambani’s Reliance Jio Infocomm (Jio) has been the largest broadband internet services provider in the country – a major portion of its subscriber base is wireless internet – through the mobile phone. However, the player is also making strides in terms of customer acquisition for...

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Reliance finally acquires Kishore Biyani's Future retail group

MUMBAI: Mukesh Ambani, Asia’s richest man, can add another sobriquet to his name: that of India’s undisputed – means undisputed -  Retail King. Today, his Reliance  group announced that it was acquiring the retailing empire of Kishore Biyani, who earlier bore the retail king title, in a transaction...

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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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ADIA to invest Rs 5683.5 cr in Jio Platforms

Reliance Industries Ltd and Jio Platforms Ltd announced an investment of Rs 5,683.50 crore by a wholly owned subsidiary of the Abu Dhabi Investment Authority (“ADIA”). This investment values Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

iWorld Over The Top Services
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Silver Lake and co-investors to invest additional Rs 4,546.80 crore in Jio Platforms

Mumbai: Reliance Industries Limited and Jio Platforms Ltd has announced that Silver Lake and its co-investors will invest an additional Rs 4,546.80 crore in Jio Platforms, in addition to the Rs 5,655.75 crore of investment by Silver Lake announced on May 4, 2020. This brings the aggregate...

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