U.S. social media giant Facebook has unveiled a huge investment in Reliance Jio, a company which has been a game changer in India’s telecoms, media and entertainment sectors. The deal gives Facebook a ...

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 ...

India’s journey toward 5G expansion and future 6G networks has sparked a major clash between telecom operators and global ...

India's largest telecom company, Reliance Jio, has reeled in three mammoth investors in three weeks: Facebook invested $5.7 billion for a 9.99% stake, Silver Lake Partners, a global leader in ...

WhatsApp and JioMart deal holds long-term accretive value in India. WhatsApp will act as a payment service alongside JioMart, realizing Reliance CEO Ambani's longtime dream of making a viable ...

Facebook’s major bet on Jio Platforms could create a headache for mobile payments services that have amassed tens of millions of users while struggling to find a business model in the world’s ...

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Facebook has made a huge bet on India by investing $5.7 billion into Jio Platforms, the tech subsidiary of multinational conglomerate Reliance Industries. Jio variously operates broadband, mobile ...

In this Aug. 12, 2019 file photo, Chairman of Reliance Industries Limited Mukesh Ambani, center, with wife Neeta Ambani arrives for 42nd Annual General Meeting of Reliance Industries Limited in Mumbai ...