Tag: Jio Platforms

Jio Q1 results: Jio Platforms Q1 results: Net profit rises 45% YoY to Rs 3,651 cr; Arpu flat at Rs 138.4

Mumbai: Jio Platforms (JPL) net profit rose 44.9 per cent on-year in the April-June quarter, driven by strong mobile phone subscriber additions and higher data...

BPCL share price: Not much upside left in BPCL: Sandip Sabharwal

Market advisor Sandip Sabharwal says is not a disinvestment bet for him and he doesn’t see much upside left in the stock. Edited excerpts from...

Bharti Airtel OKs merger of Nettle, Airtel Digital, Telesonic Networks with itself; demerges telecom into new unit Airtel

Bharti Airtel’s board on Wednesday approved the amalgamation of wholly-owned arms, Nettle Infrastructure Investments Ltd, Airtel Digital Ltd and Telesonic Networks Ltd with and into...

What to buy in capital goods space other than L&T

Pure execution companies like and , look good for the next two-three years, says Sandip Sabharwal, analyst, asksandipsabharwal.com What about the outlook when it comes...

Reliance Stock | Stock Market Crash: Is it time to buy Reliance as stock falls 7% in 2 days? Jal Irani answers

We would be looking for more realistic levels in terms of valuations for Reliance, says Jal Irani, Senior Vice President-Institutional Equities Researc, Edelweiss Securities. Reliance...

5G prospects compelling for India; affordable spectrum can spur growth: Qualcomm

India has a big market that needs to upgrade and set up for 5G offtake, and the government and policy makers can trigger growth of...

Shashi Tharoor-led parliamentary panel to discuss India’s 5G readiness with telcos on Oct 27

Kolkata: A parliamentary standing committee on IT will next week meet the Big 3 telcos – Reliance Jio Infocomm, Bharti Airel and Vodafone Idea –...

View: In the post-Covid world, digital success will be defined by customer experience

By Sanjay Kapoor Almost eight months into the pandemic, we are more or less reconciled with a few aspects of ‘Covid life’. Economies with tighter...

Reliance Said to Plan Big Smartphone Push After Google Deal

Reliance Industries Ltd (RIL) has asked local suppliers to ramp up production capacity in India so they can make as many as 200 million smartphones...

Reliance Industries Ltd.: Deepak Shenoy on why you can’t benchmark Reliance and how to calculate its value

Primarily, you should look at growth. If you are seeing 25 to 30% growth, then paying 30 times earnings is not very difficult for those...

Reliance-Google Smartphone Deal in India Threatens Chinese Firms

A $4.5 billion (Rs. 33,737 crores in India) deal under which Alphabet’s Google will collaborate with India’s Reliance Industries on a new smartphone likely heralds...

'Cloud is a $3–4 bn opportunity in India'

It has been a momentous week for Google in India. First, on Monday, Sundar Pichai, the CEO of Google and its parent company Alphabet, announced...

Jio Gets Rs. 33,737 Crores Investment From Google for 7.7 Percent Stake

Google is investing Rs. 33,737 crores in Jio Platforms for 7.7 percent stake, Reliance Industries Limited (RIL) announced on Wednesday. The new development comes just...

Mukesh Ambani joins club of world’s 10 richest

Asia’s richest man has entered a new league of wealth. The net worth of Mukesh Ambani, chairman of Reliance Industries Ltd., has jumped to $64.5...

RIL’s surplus inflows may be used as war chest to speed up organic, inorganic opportunities: Report

NEW DELHI: The current fiscal can be termed as a year of deals for Reliance Industries, with a slew of transactions already announced and a...

Jio Platforms to raise another Rs 6441.3 crore by selling stakes to TPG, L Catterton

NEW DELHI: Jio Platforms is set to raise another Rs6441.3 crore by selling a combined 1.32% to US private equity firms TPG and L Catterton....

Jio-Facebook platform approach can open digital ecosystem, market worth $2 trillion by 2025: Report

NEW DELHI: Jio-Facebook’s platform approach can unlock India’s digital ecosystem and address a large market that may potentially be USD 2 trillion (around Rs 151...

Jio Platforms to raise an additional Rs 4546.80 crore from Silver Lake, co-investors

MUMBAI: Jio Platforms is set to raise an additional Rs 4546.80 crore from Silver Lake and co-investors, taking the total investment by the private equity...

Abu Dhabi’s Mubadala to invest $1.2 billion in Reliance’s Jio Platforms

Abu Dhabi-based sovereign investor Mubadala Investment Company will invest Rs 9,093.60 crore for a 1.85% equity stake in Jio Platforms. This will be the sixth...

KKR to invest Rs 11,367 crore in Jio Platforms for 2.32% stake

Private equity firm KKR is set to invest Rs 11367 crore in Jio Platforms for a 2.32% stake. This will be the fifth investment in...

facebook: View: Be wary of Facebook’s stake in Jio Platforms

By Anjana Menon Facebook’s blockbuster deal for a 9.9% stake in telco Reliance Jio is inexplicable at best, and alarming at worst. The valuation of...