News for hackers. Stuff that matters.
Re:What is Jio, and why are tech’s biggest players suddenly ... by blueblisters on Thursday August 06, 2020 @05:58AM (#24069555)
People ignore the fact that even with outsized influence, Reliance will be subject to market and other economic conditions that could result in a negative return on their investments. Mukesh Ambani's brother is almost bankrupt, and not for lack of trying to avoid that.

Mukesh Ambani is taking on seemingly unpalatable risks because he has nothing better to do with his money. He has a large amount of shareholder support and a huge base of users he can market Jio's products to. These users and the overall market will ultimately decide whether they want to use these products or not.

Re:What is Jio, and why are tech’s biggest players suddenly ... by shi314 on Thursday August 06, 2020 @07:38AM (#24070053)
His Family consist of Board of Directors. It's ridiculous how SEBI could allow a public company to operate like family business. Board of Directors are supposed to represent minority shareholders, not the majority.