SAT upholds Sebi order penalising RIL, 2 execsThe Securities Appellate Tribunal (SAT) has upheld SEBI's ₹30-lakh penalty on Reliance Industries and two compliance officers for delayed d...
03 May, 2025, 12.57 AM IST
Sebi slaps Rs 30 lakh fine on Reliance Industries, 2 othersIn 2010, RIL made three separate announcements in April and May about Facebook investing 43,574 crore in Jio Platforms for a 9.99% stake, S...
21 Jun, 2022, 05.56 AM IST
CCI okays Facebook's investment of Rs 43,574 crore in Jio PlatformsOn April 22, Facebook said it will invest Rs 43,574 crore in Jio Platforms for a 9.99% stake in an all-cash deal that will help the oil-to-...
25 Jun, 2020, 07.23 AM IST
Facebook floats new entity to acquire 9.99% stake in JioThe Facebook entity will acquire a minority, non-controlling share in Jio Platforms, according to the submission to the Competition Commiss...
03 Jun, 2020, 10.57 AM IST
Reliance starts using WhatsApp for grocery deliveries but model to evolveJioMart, an e-commerce venture of Reliance Retail, is taking grocery orders on WhatsApp.
27 Apr, 2020, 03.28 PM IST
Facebook-Jio deal: A high price for the American Social giantAccording to both Facebook and Jio, the playbook is the ecommerce opportunity in India. Some of this will come from linking the Whats-App p...
24 Apr, 2020, 09.16 PM IST
FMCG giants need to worry more about Facebook-Jio deal: Rajiv SharmaIf Jio Mart can consolidate 3-4 million kirana shops, it would get bargaining power, says research head at SBICap Securities.
24 Apr, 2020, 12.36 PM IST
View: Only time will tell if Jio-Facebook deal is beneficial for IndiaThis deal gets Jio easier access to hundreds of millions of users across WhatsApp, Facebook and Instagram.
23 Apr, 2020, 11.13 PM IST
Facebook-Jio deal: No preferential treatment, stand by net neutrality, says JioCos say it’s an open deal, shouldn’t fall foul of competition rules; Facebook states no data sharing pact with Jio while both have agreed t...
23 Apr, 2020, 11.19 AM IST
How Facebook is logging into the Reliance Jio ecosystemThe Reliance-Facebook deal has ensured the creation of yet another high-powered ecosystem.
23 Apr, 2020, 11.19 AM IST
Facebook-Reliance Jio deal to go to CCI, Trai may also step inAnalysts have sought transparency in how Facebook and Jio will control the data they have.
23 Apr, 2020, 11.18 AM IST
Facebook buys 9.99% stake in Reliance Jio for Rs 43,574 croreFacebook will invest Rs 43,574 crore, largest FDI in India's technology sector.
23 Apr, 2020, 09.52 AM IST
Facebook deal gives Jio a good leverage in WhatsApp: ExpertsThe deal allows Jio to leverage WhatsApp as a powerful messaging channel to promote the telco’s digital offerings directly to the customers...
23 Apr, 2020, 07.39 AM IST
Dealmaking in times of corona: Facebook-Jio sets new benchmark for remote negotiationsWhile Bank of America was the exclusive financial advisor to Facebook for this transaction, Morgan Stanley advised Reliance Industries. AZB...
22 Apr, 2020, 06.42 PM IST
Jio-Facebook deal looks at local level e-commerce; to cover education, health gradually: Mukesh AmbaniEarlier in the day, Facebook announced an investment of USD 5.7 billion (Rs 43,574 crore) to buy a 9.99 per cent stake in the firm that hou...
22 Apr, 2020, 11.56 AM IST
Deal with Zuckerberg may have put Ambani in line for India grocery crownThe deal is likely to give Ambani's ambitious online grocery venture, JioMart, a huge lift. As part of the deal, JioMart will now team-up w...
22 Apr, 2020, 11.15 AM IST
Facebook-Jio deal: Tech giant picks 10% stake in Reliance JioFacebook’s investment will translate into a 9.99 per cent equity stake in Jio Platforms.
22 Apr, 2020, 09.26 AM IST