Reliance Jio
Infrastructure
In Charts: Check out India's top telecom tower operators as 5G rollout picks up pace
In October last year, Indian telecom companies began rolling out 5G services, promising breakneck speeds as the country finally leapfrogged ......
TMT
Internet provider Excitel racks up $11.5 mn in fresh funding
Internet services provider Excitel has secured $11.5 million from existing and new investors, which will be used for gaining subscriber ......
TMT
Reliance Jio in talks to invest up to $250 mn in hyperlocal delivery startup Dunzo
Reliance Jio is in talks with hyperlocal delivery startup Dunzo to participate in the startup's latest fundraising round of $200-250 ......
TMT
Reliance Jio shops for $8 bn in airwaves auction
Reliance Jio Infocomm, the telecoms company backed by tycoon Indian billionaire Mukesh Ambani and tech giants Facebook and Google, won ......
Finance
Flashback 2020: Virus manages to shoo away almost everyone from stressed assets
The distressed assets market was still going through teething problems from the four-year bankruptcy law when the Covid-19 pandemic struck ......
TMT
Marquee PE firm in talks to buy controlling stake in internet service provider ACT
A global private equity firm is in control-deal talks with Atria Convergence Technologies Ltd (ACT), India’s largest non-telco internet service ......
TMT
UV ARC to sell Aircel assets, start low-cost businesses in bid to repay lenders
UV Asset Reconstruction Company Ltd plans to resume certain operations of Aircel Ltd and sell several assets, as it aims ......
General
Grapevine: Adani, others circle 3 Odisha discoms; KKR frontrunner for JB Chemicals
The Adani Group, RP-Sanjiv Goenka group’s power utility company CESC Ltd and Tata Power Co. Ltd have evinced interest in ......
Finance
SBI puts Anil Ambani in dock for guarantee given on loans to his firms
The country’s largest lender State Bank of India (SBI) has taken Anil Ambani to the bankruptcy tribunal for a personal ......
TMT
Facebook to buy minority stake in Reliance's Jio Platforms for $5.7 bn
Facebook Inc. will invest Rs 43,574 crore ($5.7 billion) in the digital business of Reliance Industries Ltd, a deal that ......
