Reliance Industries Ltd has created a disruption in the market ever since the launch of Reliance Jio. Not only that, it also plans to own other segments through its latest in technologies services like Reliance Jio Fiber Broadbands.
Bharti Airtel today registered a sharp 72 per cent decline in consolidated net income at Rs 373.4 crore for the fourth quarter ended March 2017, hit by “sustained predatory pricing” by newcomer Reliance Jio. Net income stood at Rs 1,319 crore in the same period a year ago. Total revenue fell 12 per cent to […]
Bharti Airtel today lashed out at Reliance Jios allegations around its fastest network ad campaign, saying the complaint is a deliberate attempt to “malign the brand” and “misguide customers”. Further, mobile internet speed testing firm Ookla has stood by the finding that Airtel had the fastest broadband network in the country, a claim which has […]
Billionaire Mukesh Ambani-led Reliance Industries has no plans to launch an app-based taxi service as the company sees no logic in diversifying into unrelated sectors. It has been speculated for months that Reliance Jio, the company’s telecom venture that has created ripples by signing up 100 million customers in just 170 days of launch, will […]
The government has slapped notices on billionaire Mukesh Ambani-led Reliance Jio Infocomm and Paytm for using the Prime Minister’s photograph in their advertisements. The Ministry of Consumer Affairs, which is custodian of prestige of High Offices like President and Prime Minister as well as historic figures, sent the notices under the Emblems and Names (Prevention […]
Mukesh Ambani-promoted Reliance Jio has crossed the 50 million subscriber mark in less than three months after its full-fledged 4G services launch to emerge as the largest broadband operator in the country. According to sources, Jio setting a new record has acquired 1,000 customers per minute (since September 05) and 6 lakh per day. “Jio […]
Mumbai, October 9 2016: Reliance Jio Infocomm Ltd. (Jio) announced today that it has created a world record by crossing 16 Million subscribers of ‘Jio Welcome offer’ in its first month of operations. Jio has achieved this growth faster than any other telecom operator or start up in the world including the likes of Facebook, […]
Bharti Airtel, which has been engaged in an inter-connectivity tiff with Reliance Jio, today said it has received payment from the new entrant for additional points of interconnect, and sought Jio’s cooperation for timely testing and commissioning of the network ports. Airtel said while interconnect agreement provides for a commissioning period of 90 days, the […]
Federal Bank today said it has signed an agreement with Reliance Jio Money for One-Click payment service. Reliance Jio money is a wallet application that will be launched soon for mobile devices where Federal bank will enable a direct payment option for its customers. Through this service, the banks customers can complete a transaction without […]
According to Financial Times report, Facebook is in talks to acquire 10% stake in India’s leading telecom company Reliance Jio.
An analysis of the future of the Indian online gambling billion-dollar industry and its growth drivers.
Reliance Industries Ltd board approved the formation of a wholly-owned subsidiary for digital operation with an investment of Rs 1.08 lakh crore.