Mukesh Ambani is eyeing stakes in a host of Indian e-retailers to bolster Reliance’s retail offerings. A number of deals are in the works which, if successful, could help the company compete head-on in a fast-growing online retail market projected to be worth an estimated $170 billion by the end of the next decade.
Amazon is in early talks to buy a roughly 5% stake in Indian telecom player Bharti Airtel for around $2 billion.
Facebook announced that it has picked up a minority stake in India’s Telecom Behemoth, Reliance’s Jio platforms. The Facebook investment in Jio is valued at Rs. 43, 574 Crore for a 9.99 % stake, making the overall valuation of Jio Platforms at Rs. 4.62 Lakh Crore.
A race among telecom giants began in the midst of Coronavirus pandemic. However, after lockdown they are facing new challenges
Coming times are of cloud service wars in India, with new partnerships between Microsoft-Jio, Airtel-Google competing with existing providers.
Bharti Airtel and Google Cloud on Monday announced a partnership to serve the evolving needs of millions of Indian businesses in a rapidly digitising economy.
Bharti Airtel has to pay about Rs 35,586 crore in additional statutory dues after the Supreme Court ruling on adjusted gross revenue (AGR) liabilities of telecom companies in October last year.
In one of the fastest uptake of a new network technology in India, Airtel Wi-Fi Calling has already crossed one million users.
Bharti Airtel (“Airtel”), India’s largest integrated telecommunications company, global content leader Lionsgate (NYSE: LGF.A, LGF.B) and Starzplay, the international premium subscription platform from Starz, have joined hands to bring premium content from Lionsgate Play to customers in India.