We are reader supported. External links may earn us a commission.

commerce

Google to invest $4.5 billion in Reliance Jio

By Prakhar Khanna July 15, 2020, 5:01 am
Reliance Jio

At Reliance AGM today, the company announced a new partnership with Google. The tech giant is buying a 7.73% stake in Reliance Industries’ telecom and digital unit Jio Platforms. It will be investing $4.5 billion as part of its recently announced $10 billion India digitization fund.

Now, RIL’s telecom and the digital unit has got investments worth about Rs 1.18 lakh crore ($15.7 billion) in just over two months. It totals for a total stake of about 25.24%. Recently, Qualcomm announced its plans to invest in Jio. Further, tech companies like Intel and Facebook have also invested in the company.

POCKETNOW VIDEO OF THE DAY

The company became debt-free after getting 11 back-to-back investments in Jio Platforms. RIL has been making efforts to position Jio Platforms and its telecom venture Reliance Jio Infocomm as more digital, consumer technology companies.

Search

Latest Articles

iOS

Here's how the Apple iPod changed the world in 21 years

iPod was an industry-changing device at its time, and it had a massive impact on modern smartphones, and the way we listen to music. We take a last look at the now-discontinued Apple iPod and the history it leaves behind.

By Roland Udvarlaki May 11, 2022, 10:00 am
iOS

How to use Mic Modes in VOIP and FaceTime Calls

This guide will go over the steps you need to follow to activate one of the available Mic Mode settings on Apple Devices to begin using the feature and improve your calling experience.

By Aryan Suren May 10, 2022, 10:00 am
Phones

This iPhone 14 feature might urge users to upgrade

Until now, it appeared that iPhone 14 would only be a minor upgrade over the iPhone 13 series. However, a new leak suggests that the iPhone 14 will come with one feature that might urge users to upgrade.

By Sanuj Bhatia May 9, 2022, 5:00 am