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US Giant Qualcomm Inc invests in Reliance Jio,13th gaint deal with RIL in this corona epidemic.

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An unprecedented thirteenth consecutive deal for Reliance Industries Limited, US-based Qualcomm Inc will invest Rs 730 crore in Jio Platforms for a 0.15 percent stake, joining other big-name investors in the digital unit of Reliance.

Qualcomm is the third strategic investor after Facebook Inc and US semiconductor company Intel in Jio Platforms, which comprises telecom company Jio Infocomm and movie, news and music apps.

The deal with Qualcomm — the 13th such investment in 12 weeks—means Reliance has sold 25.24 percent in Jio. RIL has now raised Rs 118,318.45 crore in total from some of the world’s leading tech investors.

Facebook had bought a 9.99 percent stake for Rs 43,574 crore on April 22. Reliance has since sold stakes in Jio to global investors such as General Atlantic, KKR, Saudi sovereign wealth fund, Abu Dhabi state fund, Saudi Arabia’s PIF and Intel.

Qualcomm is a San Diego, California, headquartered wireless technology company that specializes in 3G, 4G and 5G wireless technologies. Qualcomm’s technologies and products are widely used in mobile devices and other wireless products.

Qualcomm’s Snapdragon systems on a chip (SoC) is used by many leading smartphones. The company’s technologies and products are also used in automotive, computing and IoT. Globally Qualcomm holds a large number of patents and the company also files the most number of patents in India.

Reliance Industries Limited (RIL) had on July 3 announced that Intel Capital will invest Rs 1894.50 crore for 0.39 per cent stake in Jio Platforms.

This is the largest continuous funds raised by a company anywhere in the world. For some comparison, India’s start-up ecosystem raised Rs 1.10 lakh crore last year, in what was its best year.

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At the age of 16, this boy started the clothing business, earned 9 crore rupees in just one year

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At the age of which most boys do not even think what they want to do in their life, at that age this boy has shown the work that most people can only dream of.

The name of this boy is Dillan Bhardwaj, who became a millionaire at the age of just 16.

He became a millionaire at the age of 16. He started designing clothes from the home garage which proved to be a hit. Due to this he became the owner of the clothing chain Ratchet in the same year and he earned around 9 crores in the first year.

Her clothing line dress has been worn by stars like Rihanna and Miley Cyrus. With this success, his lifestyle also changed. Today Dhillon lives in a 42-acre bungalow. His bungalow has a lot ranging from 5 living rooms to three kitchens, a tennis court, cinema, gym and 20 bedrooms.

Not only this, they have about 20 luxury cars. This includes everything from Rolls Royce to Ferrari, Lamborghini and BMW. Today Dhillon has shops in Long Eaton, Broadmarsh Center and Sheffield.

 

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