Does Ambani own Facebook?

The deal makes the social network the largest minority shareholder in the telecoms unit of Reliance Industries, with a 9.99% stake. It gives Facebook a major foothold in India, where its WhatsApp chat service has 400m users and is about to launch a payments service.

How much does Ambani own Facebook?

Interestingly, Google’s $4.5 billion cheque and Facebook’s $5.7 billion investment were a cheaper deal than the rest.

Mukesh Ambani gave Google and Facebook a discount on Reliance Jio stake ⁠— here’s why.

Company Facebook
Investment in Jio ₹43,574 crore
Stake in Jio 9.99%
Equity value ₹4.62 lakh crore

Which company does Mukesh Ambani own?

Mukesh Ambani, in full Mukesh Dhirubhai Ambani, (born April 19, 1957, Aden, Yemen), Yemeni-born Indian business mogul who is the chairman and managing director of the Indian conglomerate Reliance Industries Limited (RIL), the foremost company of the Indian energy and materials conglomerate Reliance Group.

Does Mukesh Ambani own media?

Network18 Media & Investments Limited, (formerly SGA Finance and Management Service and Network18 Fincap Limited) commonly referred to as the Network18 Group and sometimes as the Network18–Eenadu Group, is an Indian media conglomerate owned by the energy giant Reliance Industries, headed by billionaire Mukesh Ambani.

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What has Ambani invested?

Mukesh Ambani, Bill Gates & others to invest $144 mn in US-based Ambri Inc. Mumbai: Mukesh Ambani’s Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries will invest $50 million in Ambri Inc, a renewable energy storage company in the United States.

How much of Jio does Ambani own?

Since April 2020, Reliance Industries has raised ₹152,056 crore (US$20 billion) by selling 32.97% equity stake in the company.

Jio Platforms.

Jio headquarters in Mumbai
Founder Mukesh Ambani
Headquarters Mumbai, Maharashtra, India
Area served India
Key people Anant Ambani (Director)

Is Facebook debt Free?

Social-media giant Facebook doesn’t have any long-term debt on its books. The business has current assets of more than $77 billion that could easily cover all of its liabilities, which total $30 billion. … Over the past four quarters, Facebook’s free cash flow has totaled more than $24 billion.

Who is the CEO of Jio?

Jio

Jio’s headquarters in RCP, Navi Mumbai
Key people Mukesh Ambani (Chairman) Sandip Das (Managing Director)
Products Fixed line telephone Mobile phones Wireless broadband Internet services OTT Services
Revenue ₹90,287 crore (US$12 billion) (FY 2020–21)
Operating income ₹34,035 crore (US$4.5 billion) (FY 2020–21)

Who is owner of Jio?

The co-founders, journalist Radhika Roy and economist Prannoy Roy, have a controlling stake in the company, individually holding 16.32% and 15.95% of the shares respectively, and jointly holding an additional 29.18%.

Who is the owner of Star Network?

Star India (stylized as. Star) is an Indian media conglomerate and wholly owned subsidiary of The Walt Disney Company India. It is headquartered in Mumbai, Maharashtra.

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Who is owner of Aaj Tak?

Mukesh Ambani owns approximately 45% of Reliance Industries, making his net worth approximately US$ 24 billion. … In 2005, the business was split between the two brothers, with Mukesh retaining the oil and gas business and Anil holding on to telecom, infrastructure and finance.

Is Adani related to Ambani?

Adani Power holds thermal power plants with a capacity of 4620 MW, the largest private thermal power producer of the country. … In September 2020, Adani acquired a 74% stake in Mumbai International Airport, India’s second busiest. In November 2021, he became Asia’s richest person, surpassing Mukesh Ambani.

How many jets Ambani have?

So naturally the man (and his family) hasn’t seen a commercial plane unless it’s in his eye line as his pilot docks one of the three Ambani jets; the family owns a Boeing Business Jet, Falcon 900EX jet and an Airbus 319, according to media reports.