Jio, Google put off smartphone launch till November
A crippling global shortage of semiconductor chips has forced Reliance Jio Infocomm Ltd and Google to defer the launch of an affordable smartphone by two months. JioPhone Next, the 4G smartphone that was to go on sale on Friday, will now start selling…
Google and Jio delay India smartphone launch due to chip shortage
The launch of the Jio Next smartphone in India has been postponed. Google The launch of Google and Reliance Jio’s “ultra-affordable” Android phone has been delayed due to the global chip shortage, according to a statement by the Indian…
Google invests $4.5 billion in India’s Reliance Jio Platforms – TechCrunch
Google has become the latest high-profile firm to back India’s Reliance Jio Platforms. The search giant is investing $4.5 billion for a 7.73% stake in the top Indian telecom network, Reliance Industries chairman Mukesh Ambani said on Wednesday. The…
Google latest US tech giant to invest in India’s Jio
Google has become the latest US technology giant to invest in Indian conglomerate Reliance Industries’ digital business. The Alphabet-owned search engine has agreed to pay $4.5bn (£3.6bn) for a 7.7% stake in Jio Platforms. Reliance’s…
Google Invests $4.5B In Indian Telecoms Giant Reliance Jio
Click here to read the full article. Google has reached an agreement to purchase a 7.73% stake in Indian telecommunications giant Jio Platforms, a subsidiary of Reliance Jio, for $4.5B, pending regulatory review. The move marks the company’s first…
Google to Invest $4.5 Billion in India’s Reliance Jio
Click here to read the full article. Global tech giant Google is to invest $4.5 billion in Jio Platforms, the broadband and streaming business built by India’s Reliance Industries. The move follows similar investments into Reliance Jio by Facebook and an…
After $20 Billion Jio Frenzy, Ambani Seeks Money for Retail
(Bloomberg) — After raising more than $20 billion for his digital venture in three months, billionaire Mukesh Ambani is readying his retail unit for global partners, as his oil-to-petrochemicals conglomerate turns to India’s billion-plus consumers…