Google jumps on the Jio bandwagon.
What is the recent news about Google jumping on the Jio bandwagon?
Google jumps on the $4.5 billion investment car from Reliance Jio. Google has now become the latest tech firm to invest money in Reliance Jio, a Reliance Industries-owned Indian telecoms pioneer. Google started to invest $4.5 billion in return for a stake of 7.7 per cent.
Who is related to the JioMart grocery model?
Mukesh Ambani launched a new JioMart grocery model for Kirana partner reliance.JioMart is an online business (O2O) network where consumers can place an online order but buy goods offline (nearest local retail outlets). Furthermore, after the app is launched, JioMart offers free house delivery, express delivery, and ‘none before savings.
When did this meeting hold?
The first-ever Annual General Meeting (AGM) was held yesterday on 15 July by Mukesh Ambani-led Reliance Industries Limited (RIL). Ambani made several big announcements during the AGM, including Google investing in Jio, releasing Jio 5 G, Oil-to-Chemical’s becoming a separate subsidiary of RIL by the beginning of 2021 and beyond. The billionaire has also disclosed his retail arm plans.
Where was the JioMart launched?
In December 2019, the platform was introduced gently. In April 2020, a pilot was launched in selected areas of Navi Mumbai, Thane, and Kalyan. JioMart launched in May 2020 in 200 Indian towns and suburbs.’
Why Google and RIL deal benefited RIL, Atma Nirbhar Bharat, and Make in India mission?
- Google to invest Rs 33,733 crore for 7.7 per cent stake in Jio Platforms
- Expansion of JioMart:
- Oil t a separate chemical company:
- Retail reliability:
- RIL promoting products made in India
- Made in India 5 G is established by Jio:
- Launch of Jio TV Plus
- Jio Glass Launch:
- RIL finished the biggest ever question of Indian rights
- Dependence to become a leading new energy and materials organized in the world.
- Confidence in other Indian companies, including start-up enterprises, will actively promote goods of ‘made-in-India,’ ‘Made-for-India’, and ‘Made-for-the-World’.
- Confidence in other Indian companies, including start-up enterprises, will actively promote goods of ‘made-in-India,’ ‘Made-for-India’, and ‘Made-for-the-World’.
How Reliance will become one of the world’s leading emerging companies in energy and materials?
The Ambani said that the Company aimed to achieve net carbon nil by 2035 when it implements this strategy successfully, “we shall build an optimal mix of safe, clean and affordable energy with hydrogen, wind, solar and fuel cells and battery.”
RIL had a 15-year vision to become one of the leading new energy and materials companies worldwide, Ambani said.
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