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Tag: platforms
General Atlantic purchases almost $1 billion equity in Jio Platforms
2020-05-18 02:00:00| Total Telecom industry news
Yesterday saw the announcement of yet another investment deal in Jio Platforms, this time from investment firm General Atlantic to the tune of around $870 million. The deal will give the American fund 1.34% equity in the Indian digital platform, General Atlantic’s largest foray into the Asian market to date…read more on TotalTele.com »
Tags: general
equity
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atlantic
Social Distancing Offshore: COVID-19 Highlights Pandemic Risk for Oil Platforms
2020-05-01 00:00:00| OGI
Offshore oil and gas workers now have to contend with social distancing and personal protection in confined facilities that were never designed for pandemics.
Tags: social
risk
oil
highlights
Mexican Oil Platforms Start Reducing Staff Due to Coronavirus
2020-04-27 14:58:47| OGI
Pemex said in a statement that workers had started coming off the rigs as Mexico implements stricter measures to combat the coronavirus since entering the highest phase of a public health alert April 21.
Facebook to acquire stake in India's Jio Platforms for USD 5.7 bln
2020-04-22 08:57:00| Telecompaper Headlines
(Telecompaper) Facebook has agreed to invest INR 435.7 billion (approximately USD 5.7 billion) into India's Jio Platforms, the holding company of mobile operator Reliance Jio Infocomm. This investment gives Jio Platforms an enterprise value of INR 4.6 trillion (approximately USD 66 billion). Facebook's investment will translate into a 9.99 percent equity stake in Jio Platforms on a fully diluted basis.
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acquire
platforms
facebook
Audi provides overview of its 4 distinct EV platforms
2020-04-02 10:55:39| Green Car Congress
Tags: overview
distinct
audi
platforms