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Amazon, Verizon Look To Join Facebook, Google, Intel In Indian Telco Frenzy With $4B Investment: Report
Thursday, September 3, 2020 - 2:20am | 452Amazon.com, Inc (NASDAQ: AMZN) and Verizon Communications Inc (NYSE: VZ) are set to resume negotiations to pick up stake in India’s Vodafone Idea Ltd for more than $4 billion, local media reported Thursday. What Happened: The talks came to a halt as a ruling was expected from the Indian...
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Amazon Looks To Acquire A Near 10% Stake In Reliance Retail, After Facebook, Google Back Sister Company Jio
Friday, July 24, 2020 - 4:28am | 477Amazon.com, Inc (NASDAQ: AMZN) is looking to pick up a 9.9% stake in Indian behemoth Reliance Industries Ltd.'s retail arm, according to a report from Indian publication ET Now on Thursday. What Happened The e-commerce company is said to be primarily interested in a "...
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Facebook, Intel-Backed Reliance Jio Launches Zoom Competitor In India
Monday, July 6, 2020 - 5:08am | 321Reliance Industries Ltd.'s digital services arm Jio Platforms has formally launched its video conferencing app JioMeet in India. What Happened The app, which has a very similar user interface to that of Zoom Video Communications Inc. (NASDAQ: ZM), is now available across platforms, including on...
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LyondellBasell Rejects Reliance Offer
Friday, January 8, 2010 - 12:48pm | 124Luxembourg-based LyondellBasell rejected an offer of $13.5 billion from India’s Reliance Industries ltd. According to the Wall Street Journal, a restructuring plan proposed by Lyondell that would keep the company independent would, by comparison, value it at about $15.5 billion. Reliance now...