October 3rd, 2018Indian conglomerate Reliance Industries is in talks to acquire India’s largest cable operator, Hathway Cable & Datacom. With this acquisition, the company is looking to speed up the commercial launch of its GigaFiber high-speed home broadband services.
However, some people familiar with the development have stated that the...
August 28th, 2018Anil Ambani’s Reliance Communications (RCom) announced that the company has completed the anticipated sale of its fibre assets and related infrastructure assets. The assets were sold worth Rs 30 billion to Mukesh Ambani-backed Reliance Jio Infocomm (RJIO).
"With successful completion of the fibre monetisation transaction, 1,78,000...
July 31st, 2018India's largest subsidiary of Mukesh Ambani’s Reliance Industries retail chain, Reliance Retail has make its way to online sales of smartphones and electronic appliances such as refrigerators, air conditioners, and televisions.
Reliance Retail is the online extension platform of Reliance Digital, a consumer durables and...
July 30th, 2018As all the operators are bringing down their tariffs and offering discounts which makes it a win-win situation for the customers. Taking the game one step ahead and In order to compete with rival Reliance Jio, the state-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) has launched its 'Jeevitha Prepaid Plan' in Andhra Pradesh...
July 23rd, 2018Chief expertise officers of telecom operators Reliance Jio and Bharti Airtel have resigned from their respective firms.
Reliance Jio Infocomm Limited is the most well-known Indian mobile network operator, owned by Reliance Industries and headquartered in Mumbai, Maharashtra. It operates a national LTE network with coverage across...
July 18th, 2018Disclaimer - The information in the article about the deal of NDTV and Reliance has been derived from various sources and we have tried our best to collect all the facts and come up with a clearer view of the case. The readers can go through the story and analyze the whole deal according to their point of view.
For a long...
July 14th, 2018The previous week was quite eventful in terms of funding activities and it witnessed various companies that raised a noticeable amount of funds from different well-known investors.
The trending fundraise that took place this week was led by Anil Ambani’s Reliance Big Entertainment, which seems to be an achievement for any startup....
July 14th, 2018Mukesh Ambani, the chairman of Reliance Industries has achieved the position of Asia’s richest man, bringing down Alibaba’s Jack Ma to the second position.
According to the reports, Ambani's estimated total wealth amounted to around $44.3 billion after Reliance shares rose 1.6%. The business tycoon added $4 billion to his wealth...
July 10th, 2018Mukesh Ambani, the chairman of Reliance Industries Ltd, at the Annual General Meeting in Mumbai, launched the Jio Phone 2 and announced that the device will be priced at Rs 2,999. Also, the chairman came up with a new offer under which the users can exchange their old feature phone for a new Jio Phone by just paying Rs 501.
The QWERTY...
