Reliance Jio

India’s Reliance Industries seek controlling stake in UK’s BT Group

Indian conglomerate Reliance Industries Ltd. (RIL) is assessing the possibility of bidding on British telecom titan, BT Group Plc., reported by the Economic Times. According to the report published by the news hub on Monday, Reliance is currently planning to place an unsought offer to obtain shares into the British telco, or as an alternative, to […]

Facebook invests in India telecom giant Jio for e-commerce

By RISHABH R. JAIN Associated Press NEW DELHI (AP) — Facebook says it plans to invest $5.7 billion in India’s telecom giant Reliance Jio. The investment will give Facebook a 9.99% stake in Jio Platforms, the digital technologies and app developing division of Reliance Industries. Reliance Jio has the highest number of customers in the […]