Tag: telecom
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Taiwanese Telecom Giant Might Retract Expansion Plans In India
Taiwanese Telecom Giant: The Taiwanese company Wistron, that is responsible for making I-phones in India, is planning to put a break on its expansion plans. It seems to have smelled out an internal plot of conspiracy. The company that was planning to employ an additional 13000 employees has unearth a plot for robbery by the ... -
Mukesh Ambani takes a hit from Low Oil Demand
Business tycoon Mukesh Ambani had to bear one of his worst stints in business as the sinking price of oil wiped his assets by $73 billion with him losing as much as $5 billion recently. Stocks could see the hit with them falling by 6.8%, making it the worst slip since May 2020. Considered as ... -
Marquee equity investor Vista buys stake in Reliance Jio
In the third major deal in as many weeks, Reliance has announced the sale of 2.32% of stake in Jio to American private equity firm Vista Equity Partners. After Facebook and Silver Lake, American tech-equity firm Vista will be investing Rs 11,367 crore in Jio for a 2.32% stake in the platform. This deal values ...