P R Sanjai
Vodafone Idea is losing subscribers to rivals as it trims coverage to cut costs.
Reliance Profit Beats Expectations as Jio Adds Subscribers
“Raymond has taken this as an opportunity to re-set,” Singhania said.
Mukesh Ambani’s dealmaking has lured about $20 billion from Google to Facebook Inc. into his digital platform in recent months.
Bollywood has long been resistant to shifting online, but Covid-19 era is offering streaming platforms an unprecedented chance.
After raising more than $20 billion for Jio Platforms, Mukesh Ambani is readying his retail unit for global partners.
Shapoorji Pallonji Group is in preliminary talks with Brookfield to raise as much as $400 million in structured debt.
Bharti Airtel is scheduled to hold a virtual press conference on Tuesday to share details of the tie-up with Verizon.
Jio Platforms has completed the sale of 6% of its shares for about $4 billion.
A mass exodus of workers that followed India’s harsh lockdown is forcing businesses to review their labor policies.
The investment arm of Intel Corp. agreed to pay Rs 1,895 crore for a 0.39% stake in Jio Platforms.
India may advise local telecom operators to shun equipment made by China’s Huawei Technologies Co. and ZTE Corp.
Vodafone Idea reported a wider-than-estimated quarterly loss.
Facebook will invest $5.7 billion in Jio Platforms through Jaadhu Holdings LLC, an indirect, wholly owned subsidiary.
The move would boost access and lower cost for internet service in Asia’s third-largest economy.
Saudi Arabia’s sovereign fund will hold a 2.32% stake in Jio Platforms.
Reliance Industries has become net debt-free ahead of its March 2021 target.
An agreement between Mukesh Ambani’s Reliance and Kishore Biyani’s Future Group could be announced as early as next month.
Radhakishan Damani is considering acquiring a controlling stake in India Cements, according to people familiar with the matter.
TPG and Catterton join list of investors betting on Jio Platforms.
Manoj Modi has quietly become one of the most powerful forces behind the corporate empire of Asia’s richest man.