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Reliance Jio plans its biggest bond to refinance financial liabilities

Billionaire Mukesh Ambani’s Reliance Jio Infocomm Ltd., India’s largest mobile phone carrier, is planning its biggest ever rupee bond sale as it targets gains in market share. The company is seeking commitments Tuesday for as much as Rs 5,000 crore ($671 million) of notes maturing in five years at a coupon of 6.20%, according to people familiar with the matter. Jio last tapped the local-currency bond market in July 2018 and is planning to use the proceeds from the current proposed deal to refinance financial liabilities.

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Roll-out of 5G technology to drive mobile gaming in India in 2022

January 6, 2022

With cutting-edge technologies now available in smartphones, the mobile gaming industry is among the fastest booming segments in India. The whole scenario is set to witness a sea change with the roll out of 5G technology in smartphones which are already 5G-enabled. India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025, according to latest data provided by the Internet and Mobile Association of India (IAMAI).

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70% of Publishers See Gain from End of Third-Party Cookies: Adweek Study

January 5, 2022

Publishers mourning the loss of third party cookies have moved past acceptance to the previously undocumented stage of glee.  An amazing 70% in this Adweek survey said they saw the end of third party cookies as beneficial.  Surely related: 36% said relationships with Big Tech have gotten worse in the past two years.  First-party data and contextual ads are tied as the priorities for making it happen; data issues are the biggest challenges.  Download for details.

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CIAM Vendor Ping Identity Bought for $2.8 Billion by Private Investors

August 5, 2022

CIAM (Customer Identity and Access Management) was once largely about managing employee access to company systems, but it’s increasingly applied to consumer log-ins and identities as well.  This creates an overlap with the identity management systems more traditionally used for customer data.  The expanded market helps to explain why private investor Thoma Bravo just paid $2.8 billion for CIAM vendor Ping Identity, a 60% premium of its most recent stock price and just under 10x revenue.

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