Jio Platforms Gets SEBI Nod for Rs 37,700 Crore IPO
Jio Platforms received SEBI’s clearance for its Rs 37,700 crore IPO, moving Reliance closer to India’s largest listing. The regulator’s observation letter came through on...
Tag : Reliance Jio Infocomm
Jio to Soon Launch a New Fixed Wireless Access Device to Counter Airtel’s AirFiber
Reliance Jio, India’s biggest telecom operator, is planning to launch a new fixed wireless access (FWA) called Jio AirFiber after its biggest competitor Airtel introduced...
Aditya Birla Housing Finance, Tata Capital, Federal Bank to Raise Capital
Aditya Birla Housing Finance, Tata Capital and Federal Bank are eyeing different vehicles to raise fresh capital from the market. Reuters reported that Aditya Birla...
Reliance Completes Acquisition of Sintex Industries
Mukesh Ambani-led Reliance Industries (RIL) has completed the acquisition of Sintex Industries (SIL) and injected Rs 1,500 crore into the yarn and fabric maker under...
Jio Becomes First Telco to Roll Out 5G-Specific Plans
Reliance Jio Infocomm, the telecom element of Mukesh Ambani’s Reliance Industries, has developed the first telco to announce a 5G-specific plan, with a Rs 61...
Tata Group Firm Nelco Applies for License to Provide Satellite Broadband Services
Tata group company Nelco has applied for a license for global mobile personal communications satellites, with an eye on launching broadband services in space, becoming...
Reliance Jio Discusses with Global Lenders to Raise $1.5 Billion
Reliance Jio Infocomm plans to raise additional funding of Rs 12,300 crore over External Commercial Borrowings (ECB) to support the 5G CAPEX. The company has...
Jio Gets LoI for Satellite Communication Services from DoT
According to the industry authority, the satellite division of Reliance Jio Infocomm has received a Letter of Intent (LoI) for satellite communications services from the...
Subex Locked-in 20% Cap After Partnering with Jio Platforms
On August 3, shares of Subex were locked at a high of 20% after the company said it had struck a deal with Jio Platforms...
Vodafone Idea Rises on Reports Amazon May Invest Rs 20K Crore
Shares of Vodafone Idea surged on May 30 after The Ken reported that e-commerce giant Amazon had invested up to Rs 20,000 crore in the...