Intel buys 0.39% stake in Jio Platforms for Rs 1,894 crore

The electronic chip manufacturer is the 12th company to invest in Jio Platforms over the last two months.

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· Yesterday · 02:27 pm

Carlyle to acquire 25% stake in Airtel’s data centre business for Rs 1,774 crore

Nxtra Data will use the proceeds from the deal to boost its infrastructure and increase its offerings across the country.

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· Jul 01, 2020 · 11:31 am

Reliance Industries becomes India’s first company to hit Rs 11.44 lakh crore in market value

Meanwhile, chairperson Mukesh Ambani vaulted into the list of the world’s top 10 richest people.

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· Jun 22, 2020 · 12:56 pm

RIL becomes ‘net-debt free’, Mukesh Ambani says he fulfilled promise to shareholders before schedule

The statement noted that RIL raised Rs 1.15 lakh crore from worldwide tech investors, and another Rs 53,124 crore was raised through a ‘rights issue’.

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· Jun 19, 2020 · 11:15 am

Two US companies buy stake in Jio Platforms for a total of Rs 6,440 crore

Reliance said with the latest deals, it has raised over Rs 1 lakh crore from leading global investors, including social media giant Facebook.

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· Jun 14, 2020 · 07:55 am

Coronavirus: Parle-G recorded best growth in four decades during the lockdown, says biscuit maker

A company executive said that the biscuit maker gained a market share of around 5%.

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· Jun 10, 2020 · 10:49 am

Reliance Jio announces investment of Rs 5,683 crore by Abu Dhabi Investment Authority

Reliance Industries has now sold just over 21% of Jio Platforms to investors including Facebook, securing Rs 97,885.65 crore in less than seven weeks.

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· Jun 08, 2020 · 08:47 am

Reliance Jio announces investment of Rs 9,093 crore by Abu Dhabi-based investor Mubadala

In a BSE filing, Reliance Industries said the investment will be made at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

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· Jun 05, 2020 · 09:58 am

Reliance Jio gets Rs 11,367 crore as US equity major KKR buys 2.32% stake

With this, Jio Platforms will get a combined Rs 78,562 crore from the five deals it has struck in the last one month.

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· May 22, 2020 · 08:54 am

Alibaba founder Jack Ma to resign from SoftBank board after 13 years

The bank did not explain the reason behind Ma’s departure, but reports said he exited from formal business roles to focus on philanthropy.

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· May 18, 2020 · 04:36 pm

Reliance’s Jio Platforms to get investment of Rs 5,656 crore from US private equity firm Silver Lake

Last month, Facebook said it will buy a 9.99% stake in Jio Platforms.

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· May 04, 2020 · 10:44 am

Reliance Jio’s net profit in January to March quarter nearly triples to Rs 2,331 crore

Mukesh Ambani said Jio was embarking on the next leg of growth with a path-defining partnership with Facebook.

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· May 01, 2020 · 04:40 pm