Indian conglomerate Reliance Group is making its boldest consumer-facing move yet into financial services with the launch of JioFinance, an app that aims to be a one-stop shop […]
Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says
India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with […]
Mark Zuckerberg has found a new sense of style. Why?
For years, Mark Zuckerberg didn’t care about fashion. Why is he suddenly so interested in how he looks?
India’s JioCinema launches Rs 29 premium tier featuring ad-free, 4K viewing
JioCinema introduced a new monthly subscription plan on Thursday, with the lowest tier costing just 35 cents. The revamp in the pricing strategy comes as the market-leading service […]
Reliance and Disney to merge media assets in India
Reliance, Viacom18 and Disney are merging their media businesses in India, creating the largest media conglomerate in the South Asian market. Reliance will control and own 16.34% of […]
QIA to invest $1 billion in international and regional venture capital funds
The Qatar Investment Authority (QIA) is launching a $1 billion venture capital (VC) fund of funds for international and regional venture capital funds, the sovereign wealth fund announced […]
Reliance-backed Viacom18 agrees to buy 60% of Disney’s India unit, report says
Reliance-backed Viacom18 has reached an agreement to buy 60% of Disney’s India unit, WSJ reported Thursday citing unnamed sources, creating a pathway for the Indian conglomerate to form […]
Accel eyes new India fashion e-commerce bet with Newme
Accel, an early investor in Indian e-commerce giants Flipkart and Myntra, is preparing a new fashion e-commerce bet in India even as competition intensifies with the recent expansion […]
Sony tells Zee it’s terminating the $10 billion India merger
Sony called off the merger between its India unit and Zee Entertainment on Monday, ending a two-year acquisition deliberation that would have created a $10 billion media powerhouse […]
BofA gives Meta and Google-backed Jio Platforms a $100 billion-plus valuation
Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion […]