Sun, Aug 06, 2023
"RJIL tied up its first-ever Swedish Export Credit Agency (EKN) supported facilities of USD 2.2 billion equivalent, making it the largest cover ever provided by EKN for a deal to a private corporate globally. The proceeds of the facilities shall be utilised to finance the equipment and services in relation to RJIL's pan-India 5G roll-out," Reliance Industries Limited said in its annual report.
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Fri, Jul 21, 2023
Reliance Jio Q1 results: Reliance Jio Infocomm, the telecom arm of Reliance Industries (RIL), on Friday, reported over 12 per cent rise in net profit to Rs 4,863 crore in the June 2023 quarter, the company said in a filing.
Wed, Jul 19, 2023
Reliance Industries' F&O deals to expire today. Special session due to JIO finance demerger, Know complete information in this video
Thu, Feb 07, 2019
In its comments submitted to the IT Ministry, the Internet and Mobile Association of India (IAMAI) has said that objectives of the amendments being proposed are "unclear" and has requested the government to initiate a stakeholder's consultation on the issue.
Mon, Feb 04, 2019
Now, debt-laden Reliance Communications will be handled by NCLT professionals.
Mon, Jan 28, 2019
Reliance Jio has come up with a Jio Celebration Pack giving 2GB data per day for free in 4G network for 5 days
JioRail App: The application will allow customers to book and cancel tickets by using debit cards, credit cards and e-wallets. Apart from this, the Jio users will also be able to check PNR status, train information, timings, routes, seat availability and several other services at a click of a button on their JioPhones.
Fri, Jan 25, 2019
Jio, which has 28 crore users, registered 38 per cent growth in the fourth quarter of 2018 as the Indian market saw new category leaders in both feature phone and smartphone segments.
In a bid to take on competitors like Reliance Jio and Bharti Airtel, Vodafone Idea has launched a new prepaid plan for its customers.
India`s mobile phone customer base reached 1.17 billion in November last year, according to the Telecom Regulatory Authority of India (TRAI). The broadband user base crossed 500 million users and nearly 97 per cent of them are on wireless connections.
The new Rs 297 prepaid plan comes with a validity of 84 days. Under this plan, Reliance Jio offers 0.5GB data per day or a total of 42GB data for the entire validity period.
Thu, Jan 24, 2019
Latest data from TRAI showed that Reliance Jio had 27.16 crore subscribers by the end of November, with an addition of around 88.01 lakh during the month.
The move may rile Asia's richest man Mukesh Ambani, who coined Reliance Jio that provides 4G internet at a price that can make most of the carriers operating overseas bankrupt.
Tue, Jan 22, 2019
In a bid to give competition to Reliance Jio, telecom major Bharti Airtel has come up with a new year-long prepaid recharge plan priced at Rs 1,699.
Sun, Jan 20, 2019
Jio vs BSNL: Bharat Sanchar Nigam Limited (BSNL), the state-run telecom operator, has launched Bharat Fiber broadband services in India.
Thu, Jan 17, 2019
The Reliance Industries' telecom arm Reliance Jio witnessed a net profit of Rs 831 crore in December 2018 (Q3FY19) quarter, which was an increase of massive 65% compared to net profit of Rs 504 crore in Q3FY18.
Reliance Industries recorded a consolidated net profit of Rs 10,251 crore in December 2018 (Q3FY19) quarter, which was higher by 8.8% compared to net profit of Rs 9,420 crore a year ago same period.
RJio's net profit stood at Rs 831 crore in Q3FY19, which was surprisingly higher by a massive 65% compared to net profit of Rs 504 crore in Q3FY18.
On consolidated basis, RIL recorded revenue of Rs 10,251 crore - growing by % year-on-year (YoY) and % quarter-on-quarter (QoQ) basis respectively. While net profit came in at Rs crore - increasing by % yoy and % qoq.
Reliance Jio 4G download speed continues to stay on the top and that has been the case for the past 12 months in a row, according data published by telecom regulator Trai. However, Reliance Jio 4G download speed actually declined by about 8 per cent in December to 18.7 megabit per second (mbps).
What would be interesting to watch is RIL's telecom arm Reliance Jio's performance in the quarter and Mukesh Ambani's quote and the outlook ahead.
Fri, Jan 11, 2019
CLSA has increased its target price for Bharti Airtel, even though currently the company is struggling to retain its subscriber base from the onslaught of Mukesh Ambani’s Reliance Jio.
Thu, Jan 10, 2019
The smartphone with full-view notch display has dual SIM, dual VoLTE fature that empowers users to keep HD calls active on both SIM cards, the company said in a statement.
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