Jio Platform Limited

JIO PLATFORM LIMITED NEWS

Google deal, 5G, Jio Glass: The many memes in response to announcements at Reliance's AGM

July 15, 2020 7:20 pm

As it was known that tech giant Google has joined hands with the Indian company to develop and launch a new 5G supported affordable entry-level smartphone, people couldn't be happier. And many shared memes to express how they felt about the new launches.

RIL shares hit all-time high; market capitalisation surges above Rs 12 lakh crore mark

July 13, 2020 12:21 pm

Earlier in the day, the shares of Reliance Industries (RIL) rallied 3.71 per cent from its Friday's close to hit an all-time high of Rs 1,947.70 apiece on the NSE. On the BSE, it surged to a high of Rs 1,947.00 per share, rising 3.65 per cent.

Intel Capital to buy 0.39% stake in Jio Platforms for Rs 1,894 crore

July 03, 2020 9:41 am

Intel Capital is 12th company to join the list of marquee firms who have recently invested in Jio Platforms, taking the total investment amount to Rs 1,17,588.45 crore.

RIL now net-debt free after raising Rs 1.69 lakh crore in less than two months: Mukesh Ambani

June 19, 2020 11:50 am

In a filing to the stock exchanges, Reliance Industries (RIL) said that it has raised over Rs 168,818 crore in just 58 days. Of this, investments by global tech investors in Jio Platforms stands at Rs 115,693.95 crore, for a stake sale of 24.70 per cent. Apart from this, the company has also raised Rs 53,124.20 crore through the country's biggest rights issue.

Reliance Industries shares touch record high on announcement of another Jio Platforms deal

June 05, 2020 11:47 am

Reliance Industries (RIL) shares hit a record high of Rs 1,617.70 on the BSE and Rs 1,618.00 on the National Stock Exchange (NSE) during the intraday trade on Friday after the announcement of Mubadala Investment Company's investment of Rs 9,093.6 crore into Jio Platforms.

After Facebook, General Atlantic to invest in Jio Platforms, picks 1.34 per cent stake

May 17, 2020 9:33 pm

General Atlantic’s investment in Reliance Industries’ Jio Platforms is Rs 6,598.38 crore, its largest in Asia.

RIL raises Rs 60,596 crore from Jio Platforms stake sale to Facebook, Silver Lake, Vista Equity Partners

May 08, 2020 1:21 pm

The latest deal puts the Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore, as per the data given by RIL in an exchange filing to the BSE. With this latest deal, Jio Platforms has now raised Rs 60,596.37 crore from leading technology investors in less than three weeks.

Vista Equity Partners picks up 2.32 pc stake in Jio Platforms for Rs 11,367 cr: Statement

May 08, 2020 8:55 am

Vista's investment in Jio Platforms Limited will translate into a 2.32 per cent stake, which will make Vista the largest investor in Jio Platforms after Reliance Industries and Facebook.

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