Intel Planning to Invest USD 253.5 Million in Reliance Jio

Intel is planning to invest in Jio and announced that will invest USD 253.5 million to acquire a 0.39% stake in Jio. This will make Jio’s total valuation USD 65 billion and that’s quite remarkable considering that Jio is just a few years old.

Intel and Jio are teaming up to bring low-cost digital services to India. This aligns with Intel’s mission of delivering breakthrough technology that enriches lives. Jio is committed to providing access to quality digital services at a low cost, which will help businesses and society achieve its goals of transformation.

Intel is one of the investors in Jio and that made it possible for the firm to raise USD 15.5 billion by selling its stakes. Jio is a big telecommunications company with about 400 million subscribers and this will attract more foreign companies to invest in the firm.

Reliance Industries’ Owner, Mukesh Ambani, said on Friday that he was excited to work together with Intel to advance India’s capabilities in cutting-edge technologies that will empower all sectors of our economy and improve the quality of life of 1.3 billion Indians.

According to Bernstein analysts, Jio will have 500 million customers by the end of 2023 and will control half of the market by 2025. This means that investors and the firm have good chances for success. ..

Jio is a telecommunications company that offers a wide range of services, including music streaming, on-demand live TV, and payments. It also has broadband services and smartphone businesses. JioMeet is a clone of the Zoom video conferencing app. ..

Reliance Industries’ subsidiary, Jio, has helped Reliance Industries clear its net debt of about USD 21 billion. This news is very good for Reliance Industries as it shows that Jio is a successful subsidiary. Intel plans to invest in Jio, which will only help the company grow even more. ..

The Indian government has banned the popular UC Browser, leaving many people without a way to access the internet. However, there are several UC Browser alternatives available that offer similar features. Here are four of the best options:

  1. Firefox: Firefox is a well-known browser that offers a variety of features and compatibility with a variety of devices. It is available on both desktop and mobile platforms, making it easy to use no matter where you are.
  2. Chrome: Chrome is one of the most popular browsers on the market and offers many features not found in other browsers, such as extensions and privacy settings. It is available on both desktop and mobile platforms, making it easy to use no matter where you are.
  3. Safari: Safari is one of Apple’s most popular browsers and offers a user-friendly interface as well as compatibility with many devices. It is not as widely used as some of the other options, but it is still an option worth considering if you want an Apple product.
  4. Opera: Opera is another option worth considering if you want an alternative to Chrome or Firefox. It has a user-friendly interface and offers features not found in other browsers, such as ad blocking capabilities and speed enhancements. ..

Samsung Galaxy Note 20 Ultra is now available in Mystic Bronze color. The phone comes with a 6.3-inch Infinity Display and is powered by the latest Qualcomm Snapdragon 855 SoC. Other features include an S-Pen, 12MP rear camera with dual pixel autofocus, 8MP front camera, and 4GB of RAM. The phone is available in 128GB and 512GB variants and starts at Rs. 129,900. ..