-
Amazon Joins Elon Musk's SpaceX, Mukesh Ambani's Jio In Vying For A Piece Of India's Burgeoning Satellite Internet Market
Tuesday, October 10, 2023 - 2:39am | 508This story was first published on the Benzinga India portal. The e-commerce behemoth, Amazon.com Inc. (NASDAQ: AMZN), is making moves to enter India's rapidly growing satellite communications (satcom) market. Reports suggest that Amazon has sought approval from the Indian National...
-
Disney's India Streaming Arm Is Bleeding Subscribers By Millions, The Culprit: Billionaire Mukesh Ambani's Jio
Thursday, August 10, 2023 - 1:35am | 336This story was first published on the Benzinga India portal. The Walt Disney Company (NYSE: DIS) owned Disney+ Hotstar, once the crown jewel of India’s streaming world, is facing turbulent times. The platform saw a staggering drop of 12.5 million subscribers in the recent quarter, marking its...
-
Billionaire Mukesh Ambani's Asset Management Venture Dangles $300M Proposal To Lure BlackRock Back To India
Thursday, July 27, 2023 - 1:12am | 439This story was first published on the Benzinga India portal. Jio Financial Services, an Indian company under the umbrella of billionaire Mukesh Ambani’s Reliance Group, is teaming up with US firm BlackRock Inc (NYSE: BLK) to launch an asset management venture in India....
-
After $16 VR Headset And Affordable Apple AirTag Alt, Mukesh Ambani's Jio To Launch $12 Phones
Tuesday, July 4, 2023 - 12:00am | 484India's richest man-owned Reliance Jio makes headlines as it gears up to launch a $12 internet-connected mobile phone, aiming to enhance accessibility for millions. What Happened: Reliance Industries, owned and led by Mukesh Ambani, has been gearing up to a $12 internet-connected mobile phone...
-
How India's Richest Man Could Play A Key Role In Tesla's Expansion Plans
Tuesday, May 23, 2023 - 8:50am | 815This article was first published on the Benzinga India Portal. Reliance Jio, India’s telecom giant, is reportedly in early talks with Tesla Inc (NASDAQ: TSLA), Elon Musk‘s electric vehicle company, about building a private network for Tesla’s operations. However...
-
From Apple To Tesla To Meta: Why US Tech Giants Are Eager To Join Forces With This Indian Telecom Titan
Tuesday, May 23, 2023 - 5:45am | 616India’s richest man, Mukesh Ambani, who is making waves in the business world with an impressive partnerships spree, has reportedly roped in Elon Musk‘s Tesla Inc (NASDAQ:TSLA) to forge a 5G alliance. What Happened: The subsidiary of Reliance Industries – owned and led by Ambani – Jio...
-
Facebook, Intel-Backed Reliance Jio Launches Zoom Competitor In India
Monday, July 6, 2020 - 5:08am | 321Reliance Industries Ltd.'s digital services arm Jio Platforms has formally launched its video conferencing app JioMeet in India. What Happened The app, which has a very similar user interface to that of Zoom Video Communications Inc. (NASDAQ: ZM), is now available across platforms, including on...