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Friday, 18 June 2021

know how many dollars Mukesh Ambani has earned in a month under lockdown

Mudresh Ambani, Asia's richest man, has lured more than 10 10 billion a month for his India-based digital platform business, even as the economy struggles to contain the spread of coronavirus under the world's toughest lockdown.

The Mumbai-based company said in a statement that New York-based KKR & Co Ambani's Reliance NSE has become the latest private equity firm in Geo Platform Limited, a telecom and digital services company managed by 0.49% Industries Limited. The private equity fund will pay Rs 113.7 billion (1.5 1.5 billion) for a 2.3% stake in Geo.

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Ambani is selling a stake in Geo in support of his vow to bring more than 20 20 billion in net debt to zero on his oil, retail and telecommunications group before March 2021. Deals from Facebook Inc. to Silver Lake with US-based giants and plans to focus on General Atlantic Bolster Ambani's fast-growing consumer business from oil and petrochemicals.The company is achieving zero net debt by calendar year 2020.

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While Inc. And Mart Mart Inc. Even global giants, including global giants, have made big bets on growth in India's consumer markets, with companies facing challenges to their online models in India, where restrictions protect small retailers. Ambani has pledged to create an e-commerce business that works around obstacles by hiring so-called grocery stores as partners.

The fund has also invested in technology-based companies such as enterprise solutions provider BMC Software Software Inc., Bytenscens Ltd., owner of the Ticket OK social video platform, and Indonesia-based ride-hilling gender and food-delivery giant Gojek.

Despite the sharp decline in economic growth due to the irregularities and the epidemic of how much damage will be done before the deadly pathogens come under control, Ambani has succeeded in attracting large, experienced tech investors to Geo. Desire to invest ..

The Geo Platforms, along with its wireless carrier, Reliance Jio Infocomm Ltd., integrates the organization's digital assets, aiming to become the top e-commerce and payment operator in India's vast consumer market. creditlink

Operator Porter attacked past rivals by creating a nationwide 4G network, then competing with the old network by offering free calling and data services at no cost.

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