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Indian Billionaire Mukesh Ambani's 50-50 Joint Venture With Larry Fink's BlackRock Raises $2.1 Billion In Debut Fund Offering
Monday, July 7, 2025 - 2:21am | 473Jio BlackRock Asset Management raised more than $2.1 billion across three cash and debt mutual fund schemes in its maiden offering, marking a significant milestone for the joint venture between Indian billionaire Mukesh Ambani‘s Jio Financial Services and BlackRock Inc. (NYSE:BLK). What...
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Disney, Ambani's JioHotstar Add 230 Million Subscribers In 3 Months, Nears Netflix's Global Total: Driven By Cricket's Popularity In India
Monday, May 26, 2025 - 4:36am | 660JioHotstar, the newly merged streaming platform from Walt Disney Co. (NYSE:DIS) and Mukesh Ambani's Reliance, has added 230 million subscribers in just three months, bringing its total to 280 million, nearly matching Netflix Inc.'s (NASDAQ:NFLX) 300 million global users. What Happened: The platform...
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US Pressures India To Open Its $125 Billion E-commerce Market To Amazon, Walmart: Report
Tuesday, April 22, 2025 - 9:23am | 613To gain full access to India’s $125 billion ecommerce market, the Trump administration is reportedly pushing for the inclusion of online retailers like Amazon and Walmart in the ongoing trade deal negotiations. What Happened: The U.S. is advocating for a fair e-commerce environment in India...
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Elon Musk's SpaceX Inks Agreements With India's Top Telecom Providers For Starlink, Expanding Access To 850 Million Users
Wednesday, March 12, 2025 - 1:56am | 464Elon Musk-led SpaceX has partnered with Jio Platforms Ltd., led by India's richest man, Mukesh Ambani to offer its Starlink satellite internet services in India. What Happened: SpaceX partnered with Jio a day after inking a similar pact with Jio's rival Bharti Airtel. Jio intends to distribute...
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Jensen Huang's Wealth Soars In 2024: How Much More He Needs To Surpass Warren Buffett, Enter World's Top 10 Richest
Thursday, June 6, 2024 - 3:45pm | 613NVIDIA Corporation (NASDAQ:NVDA) shares have soared over the last year, with the stock hitting a market capitalization of over $3 trillion for the first time on Wednesday. The stock price increase led Nvidia to briefly pass Apple as the second most valuable company in the world and added to the...
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Elon Musk Said To Be In Talks With India's Richest Man To Help Establish Tesla Factory
Wednesday, April 10, 2024 - 4:00am | 446This story was first published on the Benzinga India portal. In a bid to increase its global footprint, Elon Musk's Tesla Inc. (NASDAQ: TSLA) is reportedly exploring a potential partnership with India's richest man Mukesh Ambani's Reliance Industries (RIL) to establish a...
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India's Richest Man Buys Paramount's Entire Stake In His Broadcasting Unit Viacom18 For $570M
Thursday, March 14, 2024 - 6:21am | 354This story was first published on the Benzinga India portal. The value of Reliance Industries shares experienced an uptick on Thursday after the announcement of the company's decision to acquire Paramount Global's (NASDAQ: PARA) stake in Viacom18 Media for ₹4,286 crore (...
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Rihanna To Earn Whopping $9M For Performing At Pre-Wedding Party Of India's Richest Man's Son
Friday, March 1, 2024 - 4:46am | 450This story was first published on the Benzinga India portal. Renowned pop star Rihanna has landed in Jamnagar, India, ahead of her performance at the pre-wedding celebration of Anant Ambani and Radhika Merchant. Images and clips of the singer have begun to circulate on...
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Mark Zuckerberg's Busy Asia Tour Reportedly Ranges From AI Talks With Samsung Chairman To Attending Indian Billionaire's Son's Pre-Wedding Celebrations
Monday, February 26, 2024 - 5:50am | 527Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg is set to embark on a busy week in Asia, with plans to visit Japan, South Korea, and India. His itinerary includes discussions on artificial intelligence and meetings with key figures in the region. What Happened: Zuckerberg, who has been in...
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India's Reliance Maintains Silence On Mega Merger Buzz With Disney's Local Unit
Tuesday, January 30, 2024 - 6:35am | 450This story was first published on the Benzinga India portal. India's Reliance Industries has refrained from commenting on media speculations about a potential merger with Walt Disney Co’s (NYSE: DIS) India unit, according to a letter sent to stock exchanges on Jan. 30, 2024....
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Disney In Talks With Mukesh Ambani's Reliance For Mega Indian Media Merger
Tuesday, December 12, 2023 - 3:00am | 443This story was first published on the Benzinga India portal. Walt Disney Co. (NYSE: DIS) and India's Reliance Industries Ltd are reportedly in advanced negotiations to merge their Indian media and entertainment divisions. A successful merger, spearheaded by Reliance's ...
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Amazon Joins Elon Musk's SpaceX, Mukesh Ambani's Jio In Vying For A Piece Of India's Burgeoning Satellite Internet Market
Tuesday, October 10, 2023 - 2:39am | 508This story was first published on the Benzinga India portal. The e-commerce behemoth, Amazon.com Inc. (NASDAQ: AMZN), is making moves to enter India's rapidly growing satellite communications (satcom) market. Reports suggest that Amazon has sought approval from the Indian National...
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Disney's India Streaming Arm Is Bleeding Subscribers By Millions, The Culprit: Billionaire Mukesh Ambani's Jio
Thursday, August 10, 2023 - 1:35am | 336This story was first published on the Benzinga India portal. The Walt Disney Company (NYSE: DIS) owned Disney+ Hotstar, once the crown jewel of India’s streaming world, is facing turbulent times. The platform saw a staggering drop of 12.5 million subscribers in the recent quarter, marking its...
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Billionaire Mukesh Ambani's Asset Management Venture Dangles $300M Proposal To Lure BlackRock Back To India
Thursday, July 27, 2023 - 1:12am | 439This story was first published on the Benzinga India portal. Jio Financial Services, an Indian company under the umbrella of billionaire Mukesh Ambani’s Reliance Group, is teaming up with US firm BlackRock Inc (NYSE: BLK) to launch an asset management venture in India....
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Amazon's Challenger Owned By India's Richest Man Could Attract $1B Interest From Qatar Sovereign Fund
Wednesday, July 26, 2023 - 8:47am | 408This story was first published on the Benzinga India portal. India's Reliance Industries (RIL) shares climbed more than 2% on Wednesday amid reports that billionaire Mukesh Ambani is in talks with the Qatar Investment Authority (QIA) for the sovereign wealth fund...