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In 2024, Jio Financial Services opened a subsidiary called Jio Leasing Services Ltd, an unrelated leasing services business. [11] The subsidiary's first customer was another promoter owned company, Reliance Retail. [12] This was a massive $4.4 billion deal and some commentators saw it as a way to prop up the revenue of the promoter's retail ...
Reliance Jio Infocomm Limited (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai, Maharashtra. It operates a national LTE network with coverage across all 22 telecom circles. Jio offers 5G, 4G and 4G+ services all over India. Its 6G service is in the works. [5] [6] [7] [8]
Jio Platforms Limited is an Indian multinational technology company, headquartered in Mumbai. It is a subsidiary of Reliance Industries . Established in 2019, it acts as a holding company for India's largest mobile network operator , Jio , and other digital businesses of Reliance.
But on the prospectus, when they went public at $14 a share back in 2017, it basically said, we're a free platform, we're making money from many sources. Netflix revenue is not material in quotes ...
After a prolonged period of calm, financial markets went into a tailspin this week. The Japanese Nikkei 225 index tanked more than 12% on Monday, marking its worst performance since 1987. The S&P ...
Based on the amount raised, Birkenstock's IPO is the third-biggest US IPO of the year. Shares open nearly 11% below its initial price Investors didn't react the way the company anticipated.
Website. www .rcom .co .in. Reliance Communications Limited ( RCOM) was an Indian mobile network provider headquartered in Navi Mumbai, Maharashtra that offered voice and 2G and 3G and 4G data services. In February 2019, the company filed for bankruptcy as it was unable to sell assets to repay its debt. [3]
LONDON (Reuters) - Fast fashion retailer Shein said it would invest 250 million euros ($271 million) over five years in the UK and Europe as the company battles criticism of its model based around ...