Tata’s SuperApp—answer to Amazon, Reliance Jio—is here
Why do you need different mobile apps when Tatas can give you the same experience in just one. That seems to be the core idea behind Tata Neu.
jio platforms
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Jio’s new subsea cable system to connect Maldives directly to India, Singapore
The multi-terabit India-Asia-Xpress (IAX) undersea cable system will connect directly to Singapore, with branches including additional landings in India, Malaysia, and Thailand, says Jio.
Jio invests $200 million in Glance; new lock screen for JioPhone Next
Along with the investment from Jio Platforms, Glance has also entered into a business partnership arrangement with Reliance Retail.
Reliance Jio forms JV to offer satellite broadband in India
Reliance’s Jio Platforms has formed a joint venture with SES to provide satellite data and connectivity services in India.
Why Jio got massive funding despite Covid lockdown
Jio’s ability to operate with required flexibility in a regulated environment was attractive to investors, says McKinsey & Company’s Vivek Pandit.
The troika that pulls Reliance
While Jio, O2C and Retail are the three horses now, it may soon have another one with more power: renewable energy.
India sees $62 bn in PE funding in 2020
Consumer tech and IT/ITeS were the most-funded sectors last year, while investments in the BFSI space were down by 60%, says Bain & Company.
A strong balance sheet and RIL’s growth plans
The oil-to-telecom behemoth has created a strong balance sheet that supports growth plans for three hyper-growth engines—Jio, Retail, and O2C. And as part of CSR, it’s also in the healthcare space.
Pandemic poses hurdles for Reliance Retail
The oil-to-telecom conglomerate is trying its best to deal with the second wave of Covid-19-induced disruptions in its retail operations. But it will be difficult for Reliance Retail to escape unhurt.
Reliance gets a new-look growth engine
The Mukesh Ambani-led cash-rich giant is all set to carve out its traditional oil-to-chemicals business into an independent subsidiary, and create a holding structure by itself.
