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The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012. [26] [47] It resulted in Reliance receiving 78% of the shareholding, [47] and as of 2019, the conglomerate holds 73.16% of the shares. [80]
Reliance Jio Infocomm Limited (d/b/a Jio) is an Indian telecommunications company and a subsidiary of Jio Platforms, headquartered in Navi Mumbai. 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. [10] [11] [12] [13]
Shyam Mardikar with the Economic Times CTO Of the Year - 2023 Award. Shyam Prabhakar Mardikar (born 23 March 1971) is The Group Chief Technology Officer - Mobility at Reliance Jio Infocomm Limited (India), an Indian multinational telecommunications services company, headquartered at Reliance Corporate Park, Navi Mumbai, Maharashtra, India, it operates a national LTE and 5G network with ...
In May 2013, he quit Maxis to head Reliance Jio Infocomm, Mukesh Ambani's 4G venture. [8] In 2014 he quit Jio to a mentorship role in Reliance Retail. [9] In 2015 he quit Reliance to join telecom and media consulting firm Analysys Mason [10] where he served as a Senior Adviser. [11] In 2016 he joined Sterlite Technologies' advisory board. [12]
Jio Platforms 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. [3]
It operates in 200 cities in India and was started as a joint venture between Reliance Retail and Jio Platforms. [44] 12 Azorte In 2022, Reliance Retail launched fashion stores under Azorte brand, under which it retails footwear, fashion accessories, home and beauty products. [45] 13 Tira: Tira is an omnichannel beauty retailer launched in ...
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Reliance Group (stylized as ReLIΛNCe) is an Indian conglomerate, headquartered in Mumbai, India. The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. [1] Reliance Group has five listed companies, Reliance Power, Reliance Infrastructure, Reliance Home Finance, and Reliance ...