IRAWEN |
Google negotiating a $ 4 billion investment deal in Jio Platforms: Posted: 14 Jul 2020 04:38 AM PDT If Google's deal to buy a stake in the Jio platform is confirmed, then Reliance will get another big investor. New Delhi: Business Desk. Negotiations are afoot to buy a stake in Jio Platform Limited, the digital arm of Reliance Industries Ltd of world-renowned technology giant Google. According to the experts in the case, the US-based technology company is in talks for a $ 4 billion investment. Significantly, the Jio platform has been investing continuously for the last several weeks. A report by the news agency Reuters has said that information about the deal between Google and Jio Platform is private. The report states that an announcement may be made in the coming few weeks. According to the report, there could be some change in this potential deal or even delay in the deal. Representatives of both Google and Reliance have not responded to the request to comment in this regard. Reliance's Jio platform has received 13 investors in 12 weeks. Reliance has raised Rs 1.18 lakh crore so far through the sale of 25.24 per cent stake in Jio Platforms. On April 22, Facebook first announced investment in Jio platforms. Silver Lake, Vista Equity, General Atlantic, KKR, Mubadla and Silver Lake were followed by additional investments. Subsequently, the investment was also announced by Abu Dhabi Investment Authority (ADIA), TPG, El Catterton, PIF and Intel. Recently, Qualcomm Ventures, an investment arm of Qualcomm Incorporated, announced an investment of Rs 730 crore in Jio Platforms. Through this investment, Qualcomm Ventures will buy a 0.15 percent stake in the Jio platform. Now if Google's deal to buy a stake in Jio platform is confirmed, then Reliance will get another big investor. |
Posted: 14 Jul 2020 04:39 AM PDT Reliance has also released a WhatsApp chatbot for any information related to AGM and to help shareholders, investors, media and common people. For this, you just have to save +91 79771 11111 to your phone and send it by typing 'Hi'. New Delhi: The 43rd annual meeting of the Reliance Industry (Annual General Meeting) will be held on 15 July i.e. tomorrow. In view of the Corona crisis, it has been decided to make AGM online this time. More than one lakh share holders of Reliance through different virtual platforms will attend this meeting. This meeting of Reliance will start at two in the afternoon, it will be addressed by Mukesh Ambani, Chairman Managing Director of the company. The special thing is that this is the first AGM after the company's IPO was launched. Reliance has also released a WhatsApp chatbot for any information related to AGM and to help shareholders, investors, media and common people. For this, you just have to save +91 79771 11111 to your phone and send it by typing 'Hi'. After this, all your problems will be solved through bot. This WhatsApp chatbox associated with AGM has been created by Jio Haptik. This chatbox will work 24 * 7. Recently, many big companies have invested in Jio, due to this investment, a few days ago the company had announced to be debt-free even before its target. Mukesh Ambani, the company's chairman at the AGM, will also share this information with its shareholders. In the 2019 AGM, Mukesh Ambani presented a roadmap to make the company completely debt free. With this, it is believed that many more big announcements can be made in the 43rd AGM. Investors of Reliance from all over the world will participate in this AGM to be held online in the Corona era. |
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