Reliance Jio sells 1.34% stake to General Atlantic for Rs 6,598 crore, in fourth such stake sale in four weeks
4 years, 7 months ago

Reliance Jio sells 1.34% stake to General Atlantic for Rs 6,598 crore, in fourth such stake sale in four weeks

Firstpost  

Jio Platforms on Sunday announced that it has sold a 1.34 percent stake to New York-based private equity firm General Atlantic for nearly Rs 6,600 crore, making it the fourth such stake sale in the last four weeks. Following is the full text of a media release issued by Reliance Industries Limited and Jio Platforms Limited in this regard: Jio Platforms on Sunday announced that it has sold a 1.34 percent stake to New York-based private equity firm General Atlantic for nearly Rs 6,600 crore, making it the fourth such stake sale in the last four weeks. Following is the full text of a media release issued by Reliance Industries Limited and Jio Platforms Limited in this regard: *** Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, today announced an investment of ₹ 6,598.38 crore by General Atlantic, a leading global growth equity firm. With this investment, Jio Platforms has raised ₹ 67,194.75 crore from leading technology investors including Facebook, Silver Lake, Vista Equity Partners and General Atlantic in less than four weeks.

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History of this topic

RIL preparing for Jio IPO next year, retail business to go public much later
2 months, 1 week ago

RIL preparing for Jio IPO next year, retail business to go public much later

Live Mint  

Reliance Jio IPO: Reliance Industries Ltd aims to list its subsidiary Jio Platforms Ltd, which houses the country’s largest telecom company, in 2025, two people familiar with the development said. Reliance Jio Infocomm Ltd, a fully owned subsidiary of Jio Platforms, houses the group’s telecom services business, offering voice and data services to more than 479 million consumers in the …

Reliance AGM: 5 top expectations to watch out for, where to watch
4 months, 2 weeks ago

Reliance AGM: 5 top expectations to watch out for, where to watch

India Today  

Reliance Industries Limited is set to hold its 47th Annual General Meeting on Thursday with all eyes on it as details about a lot of crucial plans are expected to be shared today. The virtual meeting will begin at 2:00 PM and Mukesh Ambani, the Chairman of RIL, will address shareholders and provide updates on several important aspects of the …

Reliance Jio IPO: Listins likely by 2025 at $112 billion valuation, says Jefferies
6 months ago

Reliance Jio IPO: Listins likely by 2025 at $112 billion valuation, says Jefferies

Hindustan Times  

Reliance Jio- the telecom unit of Reliance Industries Ltd- could be headed for a major initial public offering in 2025. Jio 'could list at $112 billion valuation' and add '7-15 percent upside' to the Reliance Industries share price, the brokerage said. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, India. "Jio leading …

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening
10 months, 3 weeks ago

Jio Financial Services hits ₹2 lakh crore market cap, a 1st: What's happening

Hindustan Times  

Jio Financial Services share: In a first, Jio Financial Services Ltd's market capitalisation exceeded ₹2 lakh crore driven by a 35 per cent surge in its share price this year while Reliance Industries hit a record high today. Reliance Industries is leading the list with a market cap of ₹20.05 lakh crore, followed by Tata Consultancy Services ₹14.78 lakh crore …

Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore
1 year ago

Jio Financial plunges nearly 6 per cent as Q3 net profit declines 56 per cent QoQ to Rs 293.82 crore

India TV News  

Jio Financial Services shares fell as much as 5.68 per cent in early trade on Tuesday after the company reported a 56 per cent decline in quarter-on-quarter net profits, falling from Rs 668.18 crore in Q2 FY24 to Rs 293.82 crore in the reviewed period. The quarterly revenue of the Reliance Industries-backed company also dropped by 32 per cent, decreasing …

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz
1 year, 2 months ago

Reliance Q2 Results Highlights: Net profit rises 27% to ₹17,394 crore on higher EBITDA, strong retail biz

Live Mint  

Reliance Industries Q2 Results Highlights: Billionaire Mukesh Ambani-led Reliance Industries announced its July-September quarter results for fiscal 2023-24, reporting a rise of 27 per cent in consolidated net profit at ₹17,394 crore, compared to ₹13,656 crore in the corresponding period last year. Reliance Industries Q2 Earnings Live: RIL's media biz Revenue from operations for the segment grew 20.4 per cent …

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities
1 year, 2 months ago

Stocks to Watch: HDFC Bank, Jio Financial, Grasim, SpiceJet, ICICI Securities

Live Mint  

Here are the top stocks that could be in focus in today's trade: HDFC Bank: HDFC Bank Ltd on Monday reported a 51% jump in profit in the September quarter, beating analysts’ estimates, on higher other income and lower provisions. The bank saw net profit rise to ₹15,976 crore in the quarter that ended 30 September from ₹10,605 crore in …

Reliance Jio seeks up to $2 billion loan to fund 5G plan: report
1 year, 4 months ago

Reliance Jio seeks up to $2 billion loan to fund 5G plan: report

The Hindu  

Jio Infocomm, the telecom wing of Reliance Industries, is in talks to raise up to $2 billion in offshore loans, with BNP Paribas acting as lead arranger, to fund the purchase of 5G network gear from Ericsson, the Economic Times reported on Monday. Swedish telecommunications firm Ericsson, in October last year said that its 5G Radio Access Network products and …

In charts: Jio Financial Services’ promise of the future
1 year, 4 months ago

In charts: Jio Financial Services’ promise of the future

Live Mint  

The Mukesh Ambani-led Reliance Group likes to do everything big, from announcement to business scale. Reliance Industries first announced the demerger of Jio Financial Services from itself in late-2022. Ultimately, six other Reliance subsidiaries were housed in a company, Reliance Strategic Investments, which was renamed to Jio Financial Services. Its valuations will be driven by its investments in Reliance entities …

RJio spin-off or IPO expected within five years: Jefferies
1 year, 4 months ago

RJio spin-off or IPO expected within five years: Jefferies

Live Mint  

New Delhi: Brokerage house Jefferies expects Reliance Jio to be spun off or listed within the next four to five years, on the lines of Reliance Retail, even as the group creates a new energy business and repositions the telecom subsidiary as a technology company. Chairman will create the new energy business, and we expect him to likely spin off/IPO …

Reliance AGM 2023: From financial performance to AI revolution, read full speech
1 year, 4 months ago

Reliance AGM 2023: From financial performance to AI revolution, read full speech

Live Mint  

Reliance AGM 2023: Reliance Industries Limited Chairman Mukesh Ambani on Monday addressed the 46th Annual General Meeting of the company. The inaugural Jio True5G Lab will be located at the Reliance Corporate Park, acting as the nerve centre for shaping India’s 5G future. That’s why I am so proud of our forthcoming joint venture in India with Jio Financial Services, …

Jio Financial Services hits 5% lower circuit after listing. Here's why
1 year, 4 months ago

Jio Financial Services hits 5% lower circuit after listing. Here's why

India Today  

Shares of Jio Financial Services, the demerged financial arm of Reliance Industries Limited, hit a 5 per cent lower circuit on the stock exchanges. Jio Financial Services, the demerged financial arm of Reliance Industries, made its stock market debut at Rs 262 per share on the National Stock Exchange and Rs 265 on the Bombay Stock Exchange. However, shares of …

Reliance Jio gets $2.2 bn fund support from Swedish export credit agency to finance 5G rollout
1 year, 5 months ago

Reliance Jio gets $2.2 bn fund support from Swedish export credit agency to finance 5G rollout

India TV News  

The country's largest telecom player Reliance Jio has received a USD 2.2 billion fund support from the Swedish export credit agency to finance equipment for the 5G rollout, according to Reliance Industries' annual report. "RJIL tied up its first-ever Swedish Export Credit Agency supported facilities of USD 2.2 billion equivalent making it the largest cover ever provided by EKN for …

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023
1 year, 5 months ago

Reliance Jio witnesses a remarkable growth with 90 lakh net subscriber additions in Q1 2023

India TV News  

Jio Platforms has recorded a significant 12.5% year-over-year increase in net profit and reached up to Rs. During the reported quarter, Jio Platforms witnessed a net addition of over 90 lakh subscribers, with total data traffic soaring over 28% YoY to 33.2 billion gigabytes. Jio Platforms, which includes telecom arm Reliance Jio Infocomm and various startups, has seen significant progress …

Reliance Jio Q1 Result: Telco's Net Profit Jumps 12 Per Cent To Rs 4,863 Crore
1 year, 5 months ago

Reliance Jio Q1 Result: Telco's Net Profit Jumps 12 Per Cent To Rs 4,863 Crore

ABP News  

Mukesh Ambani-led Reliance Industries' telecom arm Reliance Jio on Friday posted over 12 per cent rise in net profit to Rs 4,863 crore in the June 2023 quarter, the company said in a regulatory filing. Jio's revenue from operations increased by 9.9 per cent to Rs 24,042 crore during the reported quarter from Rs 21,873 crore in the June 2022 …

Jio Financial Services to become the second largest shadow lender by market cap
1 year, 5 months ago

Jio Financial Services to become the second largest shadow lender by market cap

Live Mint  

Jio Financial Services, the financial arm of Reliance Industries Ltd, has unsettled shadow lenders space in the country by claiming the second spot. Post demerging with RIL on Thursday, Jio Financial Services boasts off an implied market capitalisation of ₹1.6 lakh crore, that's way behind Bajaj Finance m-cap of ₹4.59 lakh crore, but significantly higher to its contemporaries in the …

Here’s all you need to know about Reliance- Jio financial services demerger
1 year, 5 months ago

Here’s all you need to know about Reliance- Jio financial services demerger

Live Mint  

Jio Financial Services, the financial arm of Reliance Industries, India's largest company in terms of market value, completed its demerger from its parent company at a price of Rs 261.85 per share as against the street expectations between 160-190 per share. Shares of Reliance Industries opened at Rs 2,580 apiece, ex-Jio Financial Services on Thursday trade as against the previous …

Reliance demerger: Jio Financial Services valued at ₹261.85
1 year, 5 months ago

Reliance demerger: Jio Financial Services valued at ₹261.85

Live Mint  

New Delhi: Jio Financial Services was valued at ₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. Analysts at JP Morgan had said that the implied value for Jio Financial Services currently stood at ₹189 per share and is based …

Reliance demerger: Jio Financial Services valued at ₹261.85
1 year, 5 months ago

Reliance demerger: Jio Financial Services valued at ₹261.85

Live Mint  

New Delhi: Jio Financial Services was valued at ₹261.85 per share on the National Stock Exchange at the end of a special pre-open call auction session conducted in the capital market segment for price discovery on Thursday. Analysts at JP Morgan had said that the implied value for Jio Financial Services currently stood at ₹189 per share and is based …

RIL share price opens at ₹2,580 after Jio Financial demerger
1 year, 5 months ago

RIL share price opens at ₹2,580 after Jio Financial demerger

Live Mint  

Reliance Industries - JIO financial Services Demerger: Reliance Industries share price opened at ₹2,580 per share ex-Jio Financial Services after the special pre-open call auction session on the stock exchanges Thursday. Meanwhile, the Jio Financial Services share price was valued at ₹261.85 per share after the pre-opening session. Analysts at JP Morgan had said that the implied value for Jio …

Reliance Jio aims for 2G-to-4G market with JioBharat V2 phone
1 year, 6 months ago

Reliance Jio aims for 2G-to-4G market with JioBharat V2 phone

Live Mint  

Reliance Jio will begin selling Jio Bharat V2 4G phone which will be internet-enabled, at ₹999, from 7 July targeting India’s 250 million feature phone users that use data-devoid 2G devices. The carrier said Monday that the phone will be available across all offline channels including Jio and Reliance Retail stores. "There are still 250 million mobile phone users in …

Reliance Jio unveils under ₹1,000 Jio Bharat internet-enabled phones
1 year, 6 months ago

Reliance Jio unveils under ₹1,000 Jio Bharat internet-enabled phones

The Hindu  

Reliance Jio Infocomm Ltd. has introduced Jio Bharat internet-enabled phones at ₹999. Beta trial for the first 1 million Jio Bharat phones will begin on 7 July 2023 and will be carried out across 6,500 tehsils, the company said. “There are still 250 million mobile phone users in India who remain ‘trapped’ in the 2G era, unable to tap into …

Reliance Jio 999 phone: Tariff plan details, price revealed
1 year, 6 months ago

Reliance Jio 999 phone: Tariff plan details, price revealed

Hindustan Times  

Reliance has announced its internet-enabled 4G mobile phone worth just ₹999. As part of its '2G-Mukt Bharat' vision, the company says Jio Bharat V2 phones will be used to equip 250 million mobile users who are still stuck with 2G technology. In a statement, Reliance said the Jio Bharat phone has 30 per cent cheaper plan and seven times more …

Reliance's JioBharat V2 4G phone is priced at just ₹999
1 year, 6 months ago

Reliance's JioBharat V2 4G phone is priced at just ₹999

Hindustan Times  

The first look of Reliance Jio's internet-enabled phone at just ₹999. Equity research firm Jefferies in its analysis of subscriber data by telecom regulator TRAI said Jio led expanding subscriber base with 4.7 million active subscriber in the last six months. Jio's active subscriber leadership and Bharti's 3G and 4G market share gains bode well for tariff hikes," PTI quoted …

Jio plans to raise over $1 bn loan to purchase 5G network gear: Report
1 year, 6 months ago

Jio plans to raise over $1 bn loan to purchase 5G network gear: Report

Live Mint  

Indian billionaire Mukesh Ambani's telecommunication company, Reliance Jio Infocomm is in talks with a clutch of global banks to raise around $1-1.5 billion through an offshore syndicated loan, according to a report by the Economic Times. The English Daily said Reliance Jio will use the funds to buy 5G network gear from Sweden's Ericsson as it plans to roll out …

Reliance share price may see 35% upside: Jefferies
1 year, 6 months ago

Reliance share price may see 35% upside: Jefferies

Live Mint  

Reliance Industries share price gained on Wednesday after Jefferies maintained a Buy rating on the stock as it sees faster revenue growth in the retail segment and accelerated broadband traction in Jio. However, in its upside scenario, Jefferies expects the stock to reach ₹3,450, assuming recovery in GRMs and petchem margins ahead of its estimates and faster consolidation in telecom, …

Reliance, Jio raise $5bn in largest syndicated loan in India
1 year, 9 months ago

Reliance, Jio raise $5bn in largest syndicated loan in India

Deccan Chronicle  

New Delhi: Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of USD 5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said. Reliance last week raised USD 3 billion from 55 banks and Reliance Jio Infocomm secured additional credit of USD 2 billion from 18 banks, sources aware …

Jio eyes new horizons with cheap fiber plan
1 year, 9 months ago

Jio eyes new horizons with cheap fiber plan

Live Mint  

Reliance Industries Ltd’s telecom arm, Reliance Jio Infocomm Ltd, seems to be aiming at market share gains in the wired broadband segment. View Full Image Graphic: Mint As of 31 December, Jio’s subscribers in the wired broadband segment stood at 7.65 million, giving it a market share of 24%. Also, “With a second home broadband connection being a new concept, …

Reliance Jio formally launches 5G services, launch JioTrue5G powered WiFi services in Nathdwara
2 years, 2 months ago

Reliance Jio formally launches 5G services, launch JioTrue5G powered WiFi services in Nathdwara

Firstpost  

Under the Jio True5G Welcome Offer, customers with invitation only will get access to 5G service during the beta trial and be able to access unlimited data up to 1 gigabit per second. On October 1, after Prime Minister Narendra Modi launched the 5G telephony services that promise to provide ultra-high-speed internet on mobile phones, Mukesh Ambani said Reliance Jio, …

India's Reliance Jio selects Nokia as equipment provider in 5G push
2 years, 2 months ago

India's Reliance Jio selects Nokia as equipment provider in 5G push

The Hindu  

Indian telecom service provider Reliance Jio has chosen Nokia as a major supplier, the Finnish telecom equipment maker said on Monday, as India's biggest mobile carrier gears up to expand next-generation wireless services across the country. Nokia will supply Reliance Jio, which has more than 420 million customers, with 5G radio access network equipment in a multi-year deal, the company …

Reliance announces ultra-affordable 5G phones
2 years, 4 months ago

Reliance announces ultra-affordable 5G phones

The Hindu  

Along with the 5G phones, Reliance also unveiled the Jio Air Fiber which is a wireless Wi-Fi hotspot connected to high-speed internet. Jio announced the rollout of standalone Jio 5G services by Deepavali 2022 in Delhi, Mumbai, Kolkata, and Chennai. Although, Reliance did not give a timeline of the launch of the ultra-affordable 5G smartphone, we expect it to happen …

Reliance Jio Q1 results: Net profit jumps nearly 24% to ₹4,335 crore
2 years, 5 months ago

Reliance Jio Q1 results: Net profit jumps nearly 24% to ₹4,335 crore

Live Mint  

Telecom giant, Reliance Jio registered a net profit of ₹4,335 crore in the quarter ending June 30, 2022 compared to a PAT of ₹3,501 crore in the same quarter last year - recording a growth of 23.82%. As of June 30, 2022, the company's net worth is around ₹2,02,132 crore compared to ₹1,86,475 crore as of June 2021. During the …

5G Auction: Jio Submits Earnest Money of Rs 14,000 Crore to DoT; Adani Group Deposits Rs 100 Crore
2 years, 5 months ago

5G Auction: Jio Submits Earnest Money of Rs 14,000 Crore to DoT; Adani Group Deposits Rs 100 Crore

News 18  

New Delhi, Jul 18: As the race for 5G spectrum auction heats up, billionaire Mukesh Ambani's Reliance Jio has made a Rs 14,000-crore earnest money deposit while rival Adani group made a modest Rs 100 crore deposit. According to information released by the Telecom Department on Monday as part of the list of pre-qualified bidders, Reliance Jio has submitted an …

Reliance Jio adds 31 lakh new mobile users in May, says TRAI data
2 years, 5 months ago

Reliance Jio adds 31 lakh new mobile users in May, says TRAI data

Live Mint  

Private telecom operator firm Reliance Jio has cemented its lead in the Indian telecom market as it gained over 31 lakh mobile subscribers in May, says the sector regulator on 19 July. According to monthly subscriber data by Telecom Regulatory Authority of India, Reliance Jio gained 31.11 lakh wireless subscribers, taking its mobile customer count to 40.87 crore. Earlier on …

Reliance share price: India's most valuable company gains big
2 years, 6 months ago

Reliance share price: India's most valuable company gains big

India Today  

Reliance Industries share price on Thursday jumped 1.4 per cent as India's most valuable company provided the biggest boost to the blue-chip indexes. The jump in Reliance's share price came after billionaire Mukesh Ambani decided to step down from the telecoms arm of Reliance Industries, handing the reins to his son Akash and setting the stage for a leadership transition …

Reliance Jio Posts Net Profit Of Rs 4,173 crore, Largely In Line With Estimates
2 years, 8 months ago

Reliance Jio Posts Net Profit Of Rs 4,173 crore, Largely In Line With Estimates

News 18  

Reliance Jio, the telecom arm of Reliance Industries Ltd, on Friday reported a net profit of Rs 4,173 crore for the fourth quarter of the 2021-22 financial year that ended on March 31, 2022. A CNBC-TV18 poll had predicted a net profit of Rs 4,400 crore for the quarter under review. India’s largest telecom operator has reported earnings before tax, …

Reliance Jio to Invest $200 Million in Mobile Startup Glance
2 years, 11 months ago

Reliance Jio to Invest $200 Million in Mobile Startup Glance

Hindustan Times  

Reliance Industries Ltd.’s digital platform will invest $200 million in the mobile content company Glance InMobi Pte., a sign regional startups continue to attract financing at strong valuations despite setbacks for some newly-public technology stocks. Reliance Jio Infocomm Ltd., India’s largest mobile services provider with more than 420 million subscribers, is trying to boost its base with home-engineered JioPhone Next …

Jio Partners With SES To Provide Satellite-Based Broadband Internet Services Across India
2 years, 11 months ago

Jio Partners With SES To Provide Satellite-Based Broadband Internet Services Across India

News 18  

Jio Platforms Limited and SES have announced a joint venture called Jio Space Technology Limited with the aim to offer affordable broadband services in India leveraging satellite technology. The joint venture will use multi-orbit space networks that is a combination of geostationary and medium earth orbit satellite constellations capable of delivering multi-gigabit links and capacity to enterprises, mobile backhaul and …

Jio, Airtel add mobile subscribers in July, VIL loses 14.3 lakh users: Trai data
3 years, 3 months ago

Jio, Airtel add mobile subscribers in July, VIL loses 14.3 lakh users: Trai data

Firstpost  

Reliance Jio gained 65.1 lakh subscribers in July cementing its market lead, while Bharti Airtel added 19.42 lakh customers during the month. New Delhi: India’s largest telecom operator Reliance Jio added mobile subscribers at a scorching pace in July, outpacing rivals, and Airtel also spruced up its user tally, even as Vodafone Idea lost 14.3 lakh customers, according to data …

Reliance Jio And Sundar Pichai’s Google Work Together On The Same Mission: Technology For The Masses
3 years, 6 months ago

Reliance Jio And Sundar Pichai’s Google Work Together On The Same Mission: Technology For The Masses

News 18  

Reliance Jio and Google have further strengthened their partnership with a bunch of initiatives announced at the 44th Annual General Meeting of Reliance Industries Ltd. This year, the two companies are working together for the super affordable JioPhone Next 4G smartphone and the 5G partnership between Jio and Google Cloud. At the remarks delivered during the RIL AGM, Google and …

Jio 5G Phone may launch this week: Specs, features, India price, and all that we know so far
3 years, 6 months ago

Jio 5G Phone may launch this week: Specs, features, India price, and all that we know so far

India Today  

Reliance is gearing up for its 44th AGM that will take place on June 24. Jio Phone 5G India launch Plenty of reports suggest that Jio Phone 5G will be launched at the upcoming June 24 event. However, the new 5G smartphone under the Jio Phone branding may not be available right away and could start shipping after a few …

Working closely with Jio to build affordable smartphone: Google CEO Sundar Pichai
3 years, 7 months ago

Working closely with Jio to build affordable smartphone: Google CEO Sundar Pichai

India TV News  

Google CEO Sundar Pichai on Thursday said the company continues to engage closely with partner Jio on the initiative of building an affordable smartphone and that work is underway on the project. "Google is also looking at new opportunities to deploy funds from its USD 10 billion India Digitisation Fund, and will make some announcements later this year," Pichai said …

Google working closely with Jio to build affordable smartphone, says CEO Pichai
3 years, 7 months ago

Google working closely with Jio to build affordable smartphone, says CEO Pichai

Live Mint  

Google CEO Sundar Pichai on Thursday said the company continues to engage closely with partner Jio on the initiative of building an affordable smartphone and that work is underway on the project. Google had picked up a 7.7% stake in Jio Platforms for ₹33,737 crore last year and had also entered into a commercial agreement with Jio Platforms to jointly …

Jio's Q4 net profit grows 48% to Rs 3,508 crore
3 years, 8 months ago

Jio's Q4 net profit grows 48% to Rs 3,508 crore

India TV News  

Jio Platforms on Friday reported 47.5 per cent growth in its consolidated net profit for the January-March quarter at Rs 3,508 crore. Jio's consolidated revenue from operations rose 18.9 per cent on a year-on-year basis to Rs 18,278 crore during the fourth quarter of FY21. The total data traffic during the quarter increased 26.7 per cent YoY to 1,668 crore …

Jio Adds 3.1 Crore Subscribers, 13.3GB Data Used by Each User Per Month in Q4FY21
3 years, 8 months ago

Jio Adds 3.1 Crore Subscribers, 13.3GB Data Used by Each User Per Month in Q4FY21

News 18  

Reliance Jio, India’s biggest mobile telecom operator, has closed FY 2020-21 on a high, with the first three months of 2021 helping Jio add 3.12 crore gross subscribers in the period. Jio’s focus remains on making lives easy for all citizens through our digital solutions while ensuring safety of our employees and partners.” Through the final quarter of FY21 for …

Jio Platforms among TIME 100 most influential companies
3 years, 8 months ago

Jio Platforms among TIME 100 most influential companies

India TV News  

Jio Platforms is among the most influential companies in the world, according to the 2021 TIME 100 Most Influential Companies. Now leading investors are turning to Jio Platforms, the holding company for Reliance's digital businesses, to reach its more than 410 million subscribers, it said. TIME said that as users of his company's signature app nearly doubled to 80 million …

Jio Platforms, Byju's in Time Magazine's First-ever List of 100 Most Influential Firms
3 years, 8 months ago

Jio Platforms, Byju's in Time Magazine's First-ever List of 100 Most Influential Firms

News 18  

Two Indian firms, Reliance Industries’ technology arm Jio Platforms and e-learning startup Byju’s have figured in the Time Magazine’s first-ever list of 100 most influential companies. “Now leading investors are turning to Jio Platforms — the holding company for Reliance’s digital businesses — to reach its more than 410 million subscribers,” it said. As users of his company’s signature app …

Reliance Jio to aggressively gain MSME subscribers
3 years, 10 months ago

Reliance Jio to aggressively gain MSME subscribers

India TV News  

As per a report by BofA Securities, Jio is looking to replicate mobile traction on MSME front. "By offering a bundled connectivity plan at 1/10th the existing price in the market, Jio is looking to expand the addressable market," it added. RIL's subsidiary Jio introduced an integrated offering for micro, SMBs providing enterprise grade fiber connectivity, digital and devices that …

Reliance Jio Increases Spectrum Footprint by 55 Percent for Improved 4G, Future 5G Rollout
3 years, 10 months ago

Reliance Jio Increases Spectrum Footprint by 55 Percent for Improved 4G, Future 5G Rollout

News 18  

Reliance Jio has increased its spectrum footprint by 55 percent to 1,717MHz, the company said in a media release after the concluded spectrum auction held of the government of India earlier today. The department of telecommunications held its latest spectrum auction for the three leading telecom operators of India earlier today – Reliance Jio, Bharti Airtel and Vi. Jio says …

Reliance Jio ranked fifth strongest brand globally
3 years, 11 months ago

Reliance Jio ranked fifth strongest brand globally

The Hindu  

Mukesh Ambani’s four-year-old telecom venture Reliance Jio has been ranked the fifth strongest brand globally behind the likes of Ferrari and Coca-Cola. The Brand Finance’s Global 500 ranking of the strongest brands globally, which determined the relative strength of brands, is topped by WeChat, according to its annual report on most valuable and strongest global brands. “Renowned for its incredibly …

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