Intel Capital, the investment arm of chipmaker Intel, has invested $253 million in India’s Reliance Jio in exchange for a 0.39% stake. This is the 12th investment in Reliance Jio in the last 11 weeks, taking the tally to $15.5 billion. Jio Platforms has raised more money in 2020 than all of India’s startups combined last year.

BING NEWS:
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    Indian carrier Reliance Jio Infocomm has rolled out its 5G network across India, with over 108 million subscribers in the country, the telco said in its earnings report. The telco noted that Jio’s ...
    04/23/2024 - 4:32 am | View Link
  • Reliance Jio emerges as World's largest mobile operator in data traffic, surpassing China mobile
    Reliance Jio, the telecom giant of India, has become the world's largest mobile operator in terms of data traffic, surpassing China Mobile. The announcement came on Monday as Jio revealed its ...
    04/22/2024 - 9:02 pm | View Link
  • Reliance Jio Q4 results: RJio reports 13.2% rise in profit to Rs 5,337 crore
    Jio's revenue from operations grew by approximately 11% to 259.59 billion rupees during the quarter, while its total expenses increased at a slightly slower rate of 10.2%.
    04/22/2024 - 1:25 am | View Link
  • Reliance Jio ends February with over 40% market share in India
    According to TRAI’s latest available data, India ended February with more than 1.16 billion mobile connections ...
    04/19/2024 - 4:50 am | View Link
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