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Reliance Jio To Launch 5G Services Within 2 Months
Reliance Industries Ltd's Jio will begin rolling out 5G services for its subscribers in the next two months, India's top telecom company said on Monday.
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High Court Notice To Punjab, Centre On Vandalism Of Reliance Jio Towers
The Punjab and Haryana High Court on Tuesday issued notices to the Punjab government and the Centre on a plea filed by Reliance Jio Infocomm Ltd, seeking action against "miscreants" damaging its telecom infrastsructure and forcibly closing its stores in the state.
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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 Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
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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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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-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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Saudi, US Firms Eye Stakes in Reliance Jio: Report
Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company.
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Jio to Get Rs. 11,367 Crores Investment From US-Based PE Firm Vista Equity Partners
Reliance Industries Ltd said Vista Equity Partners would invest Rs. 11,367 crores in its Jio platforms for a 2.32 percent stake. Facebook and Silver Lake have already announced plans to take stakes in Jio.
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What Is Silver Lake, the US-Based Private Equity Firm Investing in Reliance Jio
Jio will be receiving yet another significant investment, just weeks after Facebook invested Rs. 43,574 crores in Jio platforms. This time, the Rs. 5,656 crores investment is coming from American private equity firm Silver Laker that invests in technology related industries.
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Jio Gets Rs. 5,656 Crores Investment From PE Giant Silver Lake
Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest Rs. 5,656 crores in its digital arm, giving it a valuation of Rs. 4.90 lakh crores.
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Ericsson Seeks Contempt Action Against Anil Ambani Over Rs 550 Crore Dues
Ericsson India Pvt Ltd on Friday moved the Supreme Court seeking initiation of contempt proceedings for the second time against Chairman of Reliance Communication Ltd (RCom) Anil Dhirubhai Ambani for allegedly not complying with its order to clear dues of Rs 550 crore.
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After Top Officials Acquitted, Reliance ADAG Said, "Welcome 2G Verdict"
The Reliance Anil Dhirubhai Ambani Group (ADAG) today welcomed the judgement of the special court acquitting its three top executives and Reliance Telecom Ltd in the 2G spectrum allocation scam case. Three top executives of Reliance ADAG -- Gautam Doshi, Surendra Pipara and Hari Nair were acquitted in the case.
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Reliance Communications to Acquire SSTL's MTS Telecom Business
RCom said Sistema Shyam Teleservices Ltd (SSTL) will hold a 10 percent equity stake in RCom as a result of the deal.
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2G Scam: Reliance Entirely Funded Swan Telecom, CBI Says
The CBI today told a special court that Reliance ADA Group had made the entire funding for Swan Telecom Pvt Ltd (STPL), one of the accused firm in 2G spectrum allocation case, in an alleged violation of stipulated rules. The agency said that the Group made the fundings through a "circuitous route" when STPL had applied for 2G licences in 14 telecom...
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Reliance Jio To Launch 5G Services Within 2 Months
Reliance Industries Ltd's Jio will begin rolling out 5G services for its subscribers in the next two months, India's top telecom company said on Monday.
-
High Court Notice To Punjab, Centre On Vandalism Of Reliance Jio Towers
The Punjab and Haryana High Court on Tuesday issued notices to the Punjab government and the Centre on a plea filed by Reliance Jio Infocomm Ltd, seeking action against "miscreants" damaging its telecom infrastsructure and forcibly closing its stores in the state.
-
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 Retail to Receive $1-Billion Investment From Silver Lake Partners
Reliance Industries Ltd said on Wednesday US private equity firm Silver Lake Partners will invest $1.02 billion in its retail business, helping the Mukesh Ambani-controlled company widen its lead as India's biggest retailer.
-
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.
-
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-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.
-
Saudi, US Firms Eye Stakes in Reliance Jio: Report
Two more firms are eyeing a share of Reliance Industries Ltd's $65-billion digital unit Jio Platforms, according to Bloomberg News, setting them up to be a part of a growing list of firms that have recently invested in the Indian company.
-
Jio to Get Rs. 11,367 Crores Investment From US-Based PE Firm Vista Equity Partners
Reliance Industries Ltd said Vista Equity Partners would invest Rs. 11,367 crores in its Jio platforms for a 2.32 percent stake. Facebook and Silver Lake have already announced plans to take stakes in Jio.
-
What Is Silver Lake, the US-Based Private Equity Firm Investing in Reliance Jio
Jio will be receiving yet another significant investment, just weeks after Facebook invested Rs. 43,574 crores in Jio platforms. This time, the Rs. 5,656 crores investment is coming from American private equity firm Silver Laker that invests in technology related industries.
-
Jio Gets Rs. 5,656 Crores Investment From PE Giant Silver Lake
Reliance Industries Ltd said on Monday private equity firm Silver Lake will invest Rs. 5,656 crores in its digital arm, giving it a valuation of Rs. 4.90 lakh crores.
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Ericsson Seeks Contempt Action Against Anil Ambani Over Rs 550 Crore Dues
Ericsson India Pvt Ltd on Friday moved the Supreme Court seeking initiation of contempt proceedings for the second time against Chairman of Reliance Communication Ltd (RCom) Anil Dhirubhai Ambani for allegedly not complying with its order to clear dues of Rs 550 crore.
-
After Top Officials Acquitted, Reliance ADAG Said, "Welcome 2G Verdict"
The Reliance Anil Dhirubhai Ambani Group (ADAG) today welcomed the judgement of the special court acquitting its three top executives and Reliance Telecom Ltd in the 2G spectrum allocation scam case. Three top executives of Reliance ADAG -- Gautam Doshi, Surendra Pipara and Hari Nair were acquitted in the case.
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Reliance Communications to Acquire SSTL's MTS Telecom Business
RCom said Sistema Shyam Teleservices Ltd (SSTL) will hold a 10 percent equity stake in RCom as a result of the deal.
-
2G Scam: Reliance Entirely Funded Swan Telecom, CBI Says
The CBI today told a special court that Reliance ADA Group had made the entire funding for Swan Telecom Pvt Ltd (STPL), one of the accused firm in 2G spectrum allocation case, in an alleged violation of stipulated rules. The agency said that the Group made the fundings through a "circuitous route" when STPL had applied for 2G licences in 14 telecom...
