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JIO DIGITAL FIBRE
Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund to invest $1b in Jio fibre assetsThe two sovereign wealth funds will invest Rs 3,779 crore each ($506 million) to acquire a total 51% in Digital Fibre Infrastructure Trust ...31 Oct, 2020, 12.50 PM IST- ADIA, PIF $1 billion investment for Jio’s fibre assets likely todayBoth ADIA and PIF have already invested $2.2 billion in Jio Platforms as part of its mega fund raising plans. They also invested in Relianc...30 Oct, 2020, 06.00 PM IST
- PIF, ADIA may invest $1 billion in RIL’s fibre InvITOver 48% of the InvIT—Digital Fibre Infrastructure Trust (DFIT)—will be owned by various RIL entities, with the rest being held by high net...03 Oct, 2020, 10.29 AM IST
- Saudi Arabia's Public Investment Fund looks to invest up to $1 billion in Jio's fibre assetsADIA and PIF have contributed a total $2.2 billion to Jio Platform's $20.8 billion fundraise that saw 13 investors, led by Facebook, coming...21 Aug, 2020, 02.27 PM IST
- ADIA redials RIL for another investment of $1 billion in Jio FibreADIA is expected to meet in next few days to review the investment and possibly take a call.08 Jul, 2020, 12.08 PM IST
- NCLAT dismisses I-T dept plea against Reliance Jio on demerger of tower, fiber unitsThe Ahmedabad-bench of National Company Law Tribunal (NCLT) had earlier this year granted permission to the composite scheme of arrangement...25 Dec, 2019, 12.27 PM IST
- RIL’s fibre asset monetisation plan hits a roadblockTalks between RIL, ADIA, GIC and a group of financial investors for RIL's fibre asset have broken down.31 Oct, 2019, 08.58 AM IST
- Brookfield-led team to buy out Jio's tower arm in multi-stage dealProceeds will allow Mukesh Ambani-led RIL reduce debt & free up cash to take on rivals Airtel and Voda Idea.20 Jul, 2019, 08.35 AM IST
- Airtel and Voda Idea in talks to turn fibre JV into infra investment trustThe move is aimed at reducing debt to free up cash to compete with Reliance Jio Infocomm..12 Jun, 2019, 07.05 AM IST
- Reliance Jio buys back bonds for Rs 800-1,000 crore“Due to structural changes, Reliance may have decided to buy back those bonds in absence of which it would have created operational difficu...25 Apr, 2019, 11.14 PM IST
- Jio's fibre business raising Rs 27,000-crore loanJio Digital Fibre is raising about Rs 27,000 crore in syndicated loan from a group of banks to fund expansion.15 Apr, 2019, 06.50 PM IST
- Jio shifts control of fibre, tower units to infra trustsBesides, Tower Infrastructure Trust acquired control of RJIPL by purchasing 51 per cent of shares of RJIPL for Rs 109.65 crore, the company...02 Apr, 2019, 05.36 PM IST
- Reliance Jio transfers control of optical fibre, tower units to RIIHL trustsMobile tower unit Reliance Jio Infratel Private Ltd (RJIPL) has allocated shares worth Rs 200 crore to RJIL.02 Apr, 2019, 03.37 PM IST
- Jio gets NCLT 'Ok' to demerge fibre, tower assetsThe company is seeking regulatory approvals for demerging the fibre and tower businesses into Jio Digital Fibre Pvt Ltd and Reliance Jio In...22 Mar, 2019, 09.01 PM IST
- Jio seeks sectoral sops for fibre deploymentOommen says the incentives could be in the form of a conducive policy to attract more investments.06 Mar, 2019, 08.14 AM IST
- Telecom operators, fibre companies eye fund for infrastructure expansionReliance Jio's Mathew Oommen feels govt should draw out incentives so that operators are not challenged to deliver on fiber.04 Mar, 2019, 11.33 AM IST
- Jio says it plans to monetise tower, fibre assets, bring in new investorsThe executive added that Jio's capex intensity will go down because the group is almost completing its broadband infrastructure roll outs.17 Jan, 2019, 10.36 PM IST
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