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PTI
May 29, 2020
A total of 97 people including the aircraft crew died in the crash, one of the most catastrophic aviation disasters in Pakistan's history


Reuters
May 28, 2020
Jio Platforms, which houses music and movie apps as well a Reliance's telecoms venture Jio Infocomm, has secured a massive $10 billion from investors including Facebook Inc within a month


BusinessToday.In
New Delhi, May 28, 2020
In a just month, RIL's Jio Platforms has bagged investment worth over $10 billion from the likes of Facebook Inc, KKR & Co, Silver Lake, Vista Equity Partners and General Atlantic


Sonal Khetarpal
May 26, 2020
Marico Innovation Foundation along with ATE Chandra Foundation and Harsh Mariwala led the nation-wide contest 'Innovate2Beat COVID' to help scale up innovations and solutions to combat the challenges posed by COVID-19


Nevin John
New Delhi, May 22, 2020
Jio Platforms Ltd (JPL) on Friday announced its fifth stake sale deal to sell 2.32 per cent stake to private equity giant KKR for Rs 11,367 crore


BusinessToday.In
New Delhi, May 22, 2020
The transaction values Jio Platforms at an equity value of Rs 4.91 lakh cr and an enterprise value of Rs 5.16 lakh cr; KKR is making investment from its Asia private equity and growth technology funds


Sonal Khetarpal
May 13, 2020
Both e-pharma and the online grocery sector witnessed a massive spike of 100 per cent during the first two stages of lockdown, with the average order size increasing by another 20 per cent


Rukmini Rao
New Delhi, May 12, 2020
Srikrishna says such a data deal happened 'precisely because there is no law', raising concern over the long-term strategy


BusinessToday.In
New Delhi, May 11, 2020
Coronavirus Live Updates: The Prime Minister also mentioned efforts needed to address 'jan se jag tak' - from people to world, adding that the world will change after the coronavirus crisis, as it did after the two World Wars


Manu Kaushik
May 9, 2020
In the last earnings call, RIL joint CFO Srikanth Venkatachari had said that the Facebook deal was 50 per cent of the target value unlocking that RIL has planned for Jio Platforms


Reuters
May 9, 2020
U.S. private equity firm General Atlantic is considering investing about $850 million to $950 million in Jio, while  Saudi Arabia's Public Investment Fund (PIF) is also considering to buy a minority stake in the telecom arm of Reliance Industries


BusinessToday.In
May 9, 2020
Catch top stories from the world of business and economy with BusinessToday.In's Biz EOD report


BusinessToday.In
New Delhi, May 8, 2020
Vista Equity Partners will invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, Reliance Industries and Jio Platforms announced today; The spread of the deadly coronavirus across the globe from China was either a terrible mistake on the part of the Chinese or probably it was incompetence, US President Donald Trump said on Thursday; Debt monetisation or printing of notes should not be a constraint on government spending today, says Raghuram Rajan, former Governor of RBI. Watch the video for more.Also Read: $1.5 billion impact! Coronavirus lockdown, supply disruptions badly hit pharma exports


BusinessToday.In
New Delhi, May 8, 2020
Mukesh Ambani's Jio Platforms scores hat-trick; bags Rs 11,367 cr investment from Vista after FB, Silver LakeVista Equity Partners will invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, Reliance Industries and Jio Platforms announced today. This investment will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis, making Vista the largest investor in Jio Platforms behin...


BusinessToday.In
May 8, 2020
Share price of Reliance Industries gained 4.43% to Rs 1,574 compared to the previous close of Rs 1,507 on BSE. Reliance Industries stock gained 9.11% in the last four days


Rukmini Rao
New Delhi, May 8, 2020
As a result of ransomware attack, some of the company's clients opted to suspend the access to Cognizant's network; apart from Covid-19, Cognizant expects ransomware attack to negatively impact its performance for the year


BusinessToday.In
New Delhi, May 8, 2020
The investment will translate into a 2.32 per cent equity stake in Jio Platforms, making Vista largest investor in Jio Platforms behind RIL and Facebook; in total, Jio Platforms has raised Rs 60,596.37 crore from leading technology investors in less than three weeks


BusinessToday.In
New Delhi, May 7, 2020
Coronavirus lockdown 3.0: Buyers from Delhi rushed to Ghaziabad to purchase liquor that in turn triggered long queues at the shops. There are more than 20 liquor shops in the border areas such as  Maharajpur, Bhopura, Kaushambi, Shalimar Garden


BusinessToday.In
May 7, 2020
Coronavirus lockdown live updates: AIIMS Director Dr. Randeep Gulleria said on Thursday that the novel coronavirus cases will peak between June and July. He added the spike in cases will come due to more testing across states. India's total COVID-19 cases stand at 52,952 including 35,902 active cases, 15,266 cured, 1 migrated, and 1,783 deaths, according to the Union Health Ministry


BusinessToday.In
May 6, 2020
Coronavirus in India live updates: Home Affairs Secretary Ajay Bhalla has chided West Bengal for inadequate COVID-19 testing and highest mortality rate among states; Maharashtra remains the worst-hit state, followed by Gujarat and Delhi


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