Reliance Jio, India’s largest telecoms operator, has initiated what analysts expect to be an industry-wide increase in tariffs in the world’s second largest wireless market, raising some of […]
India’s Zyod raises $18M to expand its tech-enabled fashion manufacturing to more countries
Zyod is an Indian startup offering its tech platform to global fashion brands to help them in their entire design-to-delivery process. It’s raised $18 million in a new […]
Amazon buys Indian video streaming service MX Player
Amazon has agreed to acquire Indian video streaming service MX Player from the local media powerhouse Times Internet, the latest step by the e-commerce giant to make its […]
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 […]
Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail
Jio Leasing Services Ltd (JLSL), a subsidiary of Jio Financial Services, plans to buy customer premises equipment, devices and telecom equipment worth $4.32 billion from Reliance Retail over […]
India’s Exponent Energy brings 15-minute charging to passenger three-wheelers
India is getting an electric three-wheeler passenger vehicle that charges from 0 to 100% in 15 minutes. The launch of the new EV — a collaboration between auto […]
Paramount Global to sell stake in India’s Viacom18 to Reliance for over $500M
Paramount Global has reached a binding agreement to sell its stake in Indian media house Viacom18 to conglomerate Reliance for $517.4 million, the most valuable Indian firm disclosed […]
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 […]
Jio Financial says not in talks to acquire Paytm’s wallet business
Reliance Industries-spin off Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire its wallet business, quashing “speculative” media reports as the Noida-headquartered […]
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 […]