Q3FY24: Jio Platforms reports Rs 5,445 cr net profit, up 11.6% YoY

Mumbai: Jio Platforms Ltd, the parent company of India's largest mobile phone operator, reported a growth of 11.6 percent in its fiscal third-quarter profit compared to the previous year, reaching Rs 5,445 crore, primarily driven by a significant increase in subscribers.

Jio Platforms unit Radisys to acquire Mimosa Networks for $60 million

Mumbai: Radisys Corporation, a wholly owned subsidiary of Jio Platforms, would acquire Mimosa Networks for US$ 60 million on a debt-free, cash-free basis from Airspan Networks Holdings.

RIL Q4FY22: net profit at Rs 16,203 cr, up 22.5 pc; FY22 revenue crosses $100 billion mark

Mumbai: Reliance Industries Limited (RIL) Friday posted a net profit of Rs 16,203 crore for the quarter ending March 30, 2022, up 22.50 percent year-on-year (YoY).

Jio Platforms to invest $200 million in Google-backed consumer internet company Glance

Jio Platforms (JPL), the digital unit of Reliance Industries (RIL), has agreed to invest $200 million (about Rs 1,500 crore) for a roughly 17 percent stake in Glance, a Google-backed consumer internet company, which allows users to consume personalized content even with a locked smartphone screen.

Reliance Jio and SES JV to offer satellite-based broadband service

Mumbai: Reliance Industries-owned Jio Platforms Ltd and SES have announced a joint venture – Jio Space Technology Limited – to deliver satellite-based broadband services. SES is a satellite-based content connectivity solutions provider.

Reliance Q3FY22 Results: Net profit jumps 41 pc to Rs 18,549 cr

New Delhi/UNI: Oil-to-telecom conglomerate Reliance Industries Ltd (RIL) on Friday reported 41 percent year-on-year jump in its consolidated net profit (attributable to owners of the company) to Rs 18,549 crore for the quarter ending December 31, 2021.

JioPhone Next launch postponed, rollout to commence before Diwali

Mumbai/IBNS: Jio and Google have announced that they are actively working to make JioPhone Next more widely available in time for the Diwali festive season.

Google to invest Rs. 33,737 crore in Jio platforms for a 7.73% stake

Mumbai/IBNS: Reliance Industries Limited, Jio Platforms Limited and Google LLC on Wednesday announced the signing of binding agreements for an investment of Rs. 33,737 crore by Google into Jio Platforms.

Public Investment Fund to invest Rs. 11367 crore in Jio Platforms

Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, on Friday announced an investment of Rs. 11,367 crore by The Public Investment Fund (“PIF”).

Mubadala to invest ₹ 9,093.60 crore in Reliance's Jio Platforms

Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited on Friday announced that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest ₹ 9,093.60 crore in Jio Platforms at an equity value of ₹ 4.91 lakh crore and an enterprise value of ₹ 5.16 lakh crore.

Abu Dhabi-based Mubadala to invest Rs 9,093.60 crore in Reliance Jio platforms

Mumbai/UNI/IBNS:  Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, announced on Friday that Abu Dhabi-based sovereign investor Mubadala Investment Company will invest Rs 9,093.60 crore in Jio Platforms.

US-based firm Vista Equity Partners to invest Rs 11,367 crore in Reliance Jio Platforms

Mumbai/IBNS:  Reliance Industries Limited on Friday announced that US-based Vista Equity Partners will invest  Rs 11,367 crore in Jio Platforms.

Silver Lake to invest  Rs 5,656 crore in Jio industries, says Reliance Industries Limited

Mumbai/IBNS: Reliance Industries Limited and Jio Platforms Limited announced on Monday that US-based  private equity firm Silver Lake will invest Rs. 5,655.75 crore into Jio Platforms.