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Airtel, Jio Conclude Spectrum Trading Agreement

Companies & Markets

Jio's pact with Airtel to buy the spectrum in 800 MHz band was announced in April this year and marked the first such deal between the two telecom giants.

Jio Tops 4G Chart With 21.9 Mbps Download Speed In Jun, Vodafone Idea Fastest In Upload: Trai

BW Online Bureau

Companies & Markets

The average speed is computed by Trai based on the data it collects across India with the help of its MySpeed application on a real-time basis.

Jio, CDAC, Ctrls Among Firms To Adopt 3rd Gen Intel Xeon Scalable Processors

BW Online Bureau

Companies & Markets

'5G workloads will necessitate infrastructures that can seamlessly scale to support responsiveness and diverse performance requirements.

Google Picks Up 7.7% Stake In Jio For Rs 33,737 Crore: Mukesh Ambani

ANI

"We have signed a binding partnership and an investment agreement, under which Google will invest Rs 33,737 crore for a 7.7 per cent stake in Jio Platforms."

Google In Talks To Invest $4 Billion In Reliance's Digital Arm: Bloomberg

BW Online Bureau

Companies & Markets Sector Reports

Shares of Reliance pared some losses to trade down 0.7% as of 0928 GMT, while the broader market was down 1.68%.

Reliance's Digital Unit Wins Qualcomm Backing In Boost To 5G Plans

BW Online Bureau

Companies & Markets Sector Reports

The partnership will help Jio Platforms, the unit that houses Reliance's telecoms venture Jio Infocomm, to "roll out advanced 5G infrastructure and services for Indian customers

RIL Closes Four Jio Stake Sale Deals, Gets Rs 30,062 Cr From Investors

BW Online Bureau

Companies & Markets

In a regulatory filing, Reliance said it has closed the sale of 6.13 per cent stake in Jio Platforms with L Catterton, The Public Investment Fund, Silver Lake and General Atlantic.

Jio Platform Gets Rs 43,574 Cr From Facebook For 9.99% Stake Sale

BW Online Bureau

Companies & Markets

Facebook picked 9.99 per cent stake in Jio Platforms at an enterprise value of Rs 4.62 lakh crore.

CCI Approves Facebook's Acquisition Of 9.99 % Stake In Jio Platforms

BW Online Bureau

Companies & Markets Sector Reports

Jio Platforms also holds 100 per cent of the issued and outstanding share capital of Reliance JioInfocomm Limited (RJIL).

A Grand Slam By An Ace

Dr. Annurag Batra

Opinion Editorial

Our cover story in this issue is a deep dive into the ‘Jio Effect’, the blurring of the lines between telecom, content and social platforms and the overall impact the phenomenon has on India’s business and economic landscape.

When Ambani Told Trump Jio Does Not Have A Single Piece Of Chinese Equipment

Siddharth Zarabi

Opinion Columns

India has the second largest number of Internet users globally and Chinese mobile and technology firms have made significant inroads into the Indian digital consumption market.

Unlocking The Jio Treasure Trove

Siddharth Zarabi

Companies & Markets Markets

Jio Platforms attracts unprecedented investments unlocking value and future growth in sectors like telecom, ecommerce, broadcasting, media, payments and retail

PIF-Jio Platforms Deal: Key Points To Know

BW Online Bureau

Companies & Markets Sector Reports

With the addition of PIF’s investment, Jio Platforms has established partnerships with a marquee set of global financial investors, who will contribute to establishing the Digital Society vision for India. Jio Platforms, a wholly-owned subsidiary of Reliance Industries, is a next-generation technology company focused on providing high-quality and affordable digital services across India, with more than 388 million subscribers.

The Public Investment Fund To Invest Rs 11,367 Cr In Jio Platforms

BW Online Bureau

Companies & Markets Sector Reports

With this investment, Jio Platforms has raised Rs 115,693.95 crore from leading global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala, ADIA, TPG and L Catterton