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Reliance To Invest In Brookfield Infrastructure's Data Center Projects
Reliance Industries on Monday said it would invest in special purpose vehicles (SPV) set up by Brookfield Infrastructure and Digital Realty for building data centers in the country.
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JioCinema Sees Record 1.47 Billion Digital Views, 50 Million App Downloads on Opening Weekend
JioCinema, Reliance Industries' digital streaming app, saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League (IPL) cricket tournament. Meanwhile, Viacom18 revealed that the number of video viewers for the IPL weekend eclipsed what was recorded across the entire last season of IPL on digital platforms. Jio...
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Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
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Mukesh Ambani's Venture Wins IPL Digital Streaming Rights In Bidding War
Online rights to the popular annual cricket tournament were awarded to Viacom18 Media Pvt., a joint venture between Paramount Global and Mr Ambani's Reliance Industries Ltd.
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IPL: Viacom18 Said to Win Digital Rights, While Disney Star Lands TV Again
Viacom18 Media — a joint venture between Paramount Global and Mukesh Ambani’s Reliance Industries — won the digital streaming rights to the Indian Premier League, outbidding entertainment giants including Disney and Sony, according to a person familiar with the matter.
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"Complete Regulation Revamp": Government's Big Plan To Overhaul Telecom
India aims to overhaul its telecommunications sector, an industry key to the success of Prime Minister Narendra Modi's digital ambitions but one that's throttled by century-old policies and years of bitter litigation.
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In Mark Zuckerberg's Chat With Mukesh Ambani, Praise For Dhirubhai
Mark Zuckerberg, Facebook Inc.'s chief executive officer, hopes the social media giant and Reliance Industries Ltd. can together transform India's digital payments landscape, replicating the latter's success in disrupting the telecom sector.
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Reliance Says KKR to Invest $755.1 Million in Retail Arm
US private equity firm KKR & Co will invest Rs. 5,550 crores ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of Rs. 4,21,000 crores.
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Reliance Said to Approach Jio Platforms Backers to Invest in Retail Arm
Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
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Jio May Launch Android-Powered Low-Cost Phone in December: Report
Reliance Industries Ltd's telecom unit Jio is looking to outsource the manufacturing of over 10 crore low-cost smartphones that will be built on Google's Android platform, Business Standard newspaper reported, citing sources.
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Isha And Akash Ambani Star In Reliance's Jio Glass Demo
Reliance Industries' 43rd Annual General Meeting had a number of key announcements and some high-profile attendees. Billionaire Mukesh Ambani announced a slew of deals, including an investment of Rs 33,737 crore in its digital serves arm, Jio Platforms, by Alphabet Inc's Google. Among other announcements, the company showcased a new Mixed Reality s...
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Google in Talks to Invest $4 Billion in Reliance Jio Platforms: Report
Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.
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Jio Wins Qualcomm Backing in Boost to 5G Plan, Will Receive Rs. 730 Crores Investment
Reliance Industries said on Sunday Qualcomm’s investment arm will buy a 0.15 percent stake in its digital unit Jio Platforms for Rs. 730 crores ($97.1 million). The partnership will help Jio Platforms to "roll out advanced 5G infrastructure and services for Indian customers", Reliance said in a statement.
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Jio-Facebook Deal Under Antitrust Review by Competition Commission of India
India’s antitrust watchdog is reviewing Facebook's purchase of a 10 percent stake in Reliance Industries Ltd's digital assets, a deal that would give the US giant another foothold in one of the world’s fastest growing Internet markets.
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Silver Lake, Co-Investors to Put Extra Rs. 4,547 Crores in Jio Platforms
Reliance Industries late on Friday said US private equity fund Silver Lake and its co-investors will invest an additional Rs. 4,546.80 crores in the company's digital unit Jio Platforms.
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Reliance To Invest In Brookfield Infrastructure's Data Center Projects
Reliance Industries on Monday said it would invest in special purpose vehicles (SPV) set up by Brookfield Infrastructure and Digital Realty for building data centers in the country.
-
JioCinema Sees Record 1.47 Billion Digital Views, 50 Million App Downloads on Opening Weekend
JioCinema, Reliance Industries' digital streaming app, saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League (IPL) cricket tournament. Meanwhile, Viacom18 revealed that the number of video viewers for the IPL weekend eclipsed what was recorded across the entire last season of IPL on digital platforms. Jio...
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Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
-
Mukesh Ambani's Venture Wins IPL Digital Streaming Rights In Bidding War
Online rights to the popular annual cricket tournament were awarded to Viacom18 Media Pvt., a joint venture between Paramount Global and Mr Ambani's Reliance Industries Ltd.
-
IPL: Viacom18 Said to Win Digital Rights, While Disney Star Lands TV Again
Viacom18 Media — a joint venture between Paramount Global and Mukesh Ambani’s Reliance Industries — won the digital streaming rights to the Indian Premier League, outbidding entertainment giants including Disney and Sony, according to a person familiar with the matter.
-
"Complete Regulation Revamp": Government's Big Plan To Overhaul Telecom
India aims to overhaul its telecommunications sector, an industry key to the success of Prime Minister Narendra Modi's digital ambitions but one that's throttled by century-old policies and years of bitter litigation.
-
In Mark Zuckerberg's Chat With Mukesh Ambani, Praise For Dhirubhai
Mark Zuckerberg, Facebook Inc.'s chief executive officer, hopes the social media giant and Reliance Industries Ltd. can together transform India's digital payments landscape, replicating the latter's success in disrupting the telecom sector.
-
Reliance Says KKR to Invest $755.1 Million in Retail Arm
US private equity firm KKR & Co will invest Rs. 5,550 crores ($755.09 million) in Reliance Industries Ltd's retail arm, giving the unit a pre-money valuation of Rs. 4,21,000 crores.
-
Reliance Said to Approach Jio Platforms Backers to Invest in Retail Arm
Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
-
Jio May Launch Android-Powered Low-Cost Phone in December: Report
Reliance Industries Ltd's telecom unit Jio is looking to outsource the manufacturing of over 10 crore low-cost smartphones that will be built on Google's Android platform, Business Standard newspaper reported, citing sources.
-
Isha And Akash Ambani Star In Reliance's Jio Glass Demo
Reliance Industries' 43rd Annual General Meeting had a number of key announcements and some high-profile attendees. Billionaire Mukesh Ambani announced a slew of deals, including an investment of Rs 33,737 crore in its digital serves arm, Jio Platforms, by Alphabet Inc's Google. Among other announcements, the company showcased a new Mixed Reality s...
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Google in Talks to Invest $4 Billion in Reliance Jio Platforms: Report
Google is in advanced talks to invest $4 billion for a stake in the digital arm of Indian conglomerate Reliance Industries Ltd, Bloomberg reported on Tuesday, citing people familiar with the matter.
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Jio Wins Qualcomm Backing in Boost to 5G Plan, Will Receive Rs. 730 Crores Investment
Reliance Industries said on Sunday Qualcomm’s investment arm will buy a 0.15 percent stake in its digital unit Jio Platforms for Rs. 730 crores ($97.1 million). The partnership will help Jio Platforms to "roll out advanced 5G infrastructure and services for Indian customers", Reliance said in a statement.
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Jio-Facebook Deal Under Antitrust Review by Competition Commission of India
India’s antitrust watchdog is reviewing Facebook's purchase of a 10 percent stake in Reliance Industries Ltd's digital assets, a deal that would give the US giant another foothold in one of the world’s fastest growing Internet markets.
-
Silver Lake, Co-Investors to Put Extra Rs. 4,547 Crores in Jio Platforms
Reliance Industries late on Friday said US private equity fund Silver Lake and its co-investors will invest an additional Rs. 4,546.80 crores in the company's digital unit Jio Platforms.
