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Tag: Mukesh Ambani

  • Facebook CEO Zuckerberg praised PM Modi, praised fiercely

    The CEO of social networking site Facebook, Mark Zuckerberg, has praised India and Prime Minister Narendra Modi fiercely.

    At the Facebook Fuel for India 2020 events with Mukesh Ambani, Chairman and MD of Reliance Industries, Zuckerberg said that India is a very special and important country for him. India’s importance for the company can be understood from the fact that we use many of our new features first in India and then launch them in the world.

    Zuckerberg said that India has many talented people. I know many people in the company headquarters in India and California who are very talented. Praising Prime Minister Narendra Modi, he said that his Digital India vision has opened up opportunities for the industry to partner with the government.

    A lot of work is being done to empower every citizen digitally and financially in India. The decisions taken here are discussed all over the world.

    Zuckerberg has said that his partnership with Jio Platforms will benefit lakhs of small businesses in India. He said, ‘On Facebook we are associated with the business of serving small businesses and for this there can be no better option than India. The number of small businesses is more than six crores and millions of people depend on them for livelihood.

    In this partnership with Jio, the help of small businesses will be considered very important. In April this year, Facebook announced an investment of Rs 43,574 crore in Jio Playforms with a 9.99 percent stake. Zuckerberg said that in view of the adverse effect of Kovid-19 on the economy, it has become very important to help small traders.

  • Reliance Jio will launch its 5G service in the country next year: Mukesh Ambani

    Reliance Industries Chairman Mukesh Ambani has announced that Reliance Jio plans to launch its 5G service in the country in the second quarter of 2021. Speaking at the Indian Mobile Congress, Mukesh Ambani said that policies are needed to make 5G services early in the country and to make it affordable to make it available everywhere.

    Mukesh Ambani said that I can assure you that Jio will be at the forefront of 5G revolution in India and in the second quarter of 2021 we will start our 5G services. He said that domestically developed network, hardware and technology equipment will be used in it. Jio’s 5G service will be the biggest step ever taken towards self-reliant India.

    He said that today India is among the best digitally-connected countries in the world. But here 300 million phone users are still stuck in 2G and policy steps are needed to bring them into the world of smartphones, so that they too can become capable of digital transactions. He said that India has full potential to grow as a manufacturing center for semiconductor. We cannot depend on large quantities of imports.