Google has won a green light from India’s competition watchdog for its plans to purchase a significant stake in Jio Platforms, the nation’s largest telecom. In a Wednesday (Nov. 11) tweet, the Competition Commission of India (CCI) announced its decision to approve Google’s $4.5 billion investment....
Google plunged deeper into India’s tech market by striking a $4.5 billion deal that, if approved by the country’s regulators, would give it a 7.7 percent share in Jio Platforms, according to a Wednesday (July 15) press release. “Google and Jio Platforms have entered into...
Google is adding more fuel to its drive into India’s tech industry with a bid to buy a $4 billion stake in Jio Platforms, a Reliance Industries subsidiary in which Facebook has invested $5.7 billion for a 10 percent stake. Indian billionaire business magnate Mukesh Ambani is...
Jio Platforms Ltd., the Indian telecom company, has landed another major investor with deep pockets, according to a press release. Qualcomm Ventures, the San Diego-based investment arm of Qualcomm Inc., the wireless technology company, announced it has invested up to $97 million in Jio. The...
November 11, 2020
Google has won a green light from India’s competition watchdog for its plans to purchase a significant stake in Jio Platforms, the nation’s largest telecom. In a Wednesday (Nov. 11) tweet, the Competition Commission of India (CCI) announced its decision to approve Google’s $4.5 billion investment. Under terms of the deal, Google will acquire a 7.73 […]
July 15, 2020
Google plunged deeper into India’s tech market by striking a $4.5 billion deal that, if approved by the country’s regulators, would give it a 7.7 percent share in Jio Platforms,...
July 14, 2020
Google is adding more fuel to its drive into India’s tech industry with a bid to buy a $4 billion stake in Jio Platforms, a Reliance Industries subsidiary in which Facebook...
July 12, 2020
Jio Platforms Ltd., the Indian telecom company, has landed another major investor with deep pockets, according to a press release. Qualcomm Ventures, the San Diego-based investment arm of Qualcomm Inc.,...