Bank of Baroda has partnered with Reliance Jio to provide access to its mobile banking application, 'bob World Lite', for users of Jio feature phones, aiming to promote financial inclusion and digital payments.
India's total telephone subscriber base reached 1,321.31 million by the end of February 2026, marking a 0.56 per cent monthly growth, primarily fuelled by a significant surge in broadband adoption.
'Courts are not moved by spectacle. They act when the facts, as they stand, call for the law to step in.'
Dixon Technologies has received approval from the Indian government to form a joint venture (JV) with Chinese peer Longcheer, according to a regulatory filing. The JV will be formed between Dixon and Longcheer's Singapore-based subsidiary.
Reliance holds 67.03% of Jio Platforms Limited and the public listing would provide an exit to many investors.
The Securities and Exchange Board of India (Sebi) is set to introduce key reforms aimed at facilitating smoother mega initial public offerings (IPOs). Key among the proposals is a reduction in the quota reserved for individual investors - those applying for less than Rs 2,00,000 per application - from the current 35 per cent to 25 per cent for large IPOs (issue size above Rs 5,000 crore).
Anant Ambani, the youngest son of billionaire Mukesh Ambani and the first among three siblings to be appointed executive director on flagship Reliance Industries, will be paid Rs 10-20 crore salary annually plus a host of perks including a commission on company profits, according to a shareholder notice. While the richest Asian's all three children - twins Akash and Isha, and Anant - were inducted on board of the oil-to-telecom-and-retail conglomerate in 2023 as non-executive directors, the youngest of the three was in April this year appointed executive director of Reliance Industries Ltd.
About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.
Shares of Reliance Industries as well as Bharti Airtel began the trade on a positive note on Wednesday after the two firms announced their partnerships with Elon Musk's SpaceX for providing high-speed internet services in India. Bharti Airtel stock opened with a gain of 5.49 pc to hit a high of Rs 1,388.25 apiece on the National Stock Exchange (NSE). Soon, it pared all gains and traded 0.77 per cent lower to Rs 1,650.10 per piece.
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.
The Supreme Court on Thursday admitted an appeal by Reliance Infocomm against a government order imposing Rs 150 crore penalty for violating telecom licensing conditions by diverting international calls as local ones.
In a 'goodwill gesture', Tata Teleservices on Tuesday withdrew a petition it had filed against Reliance Infocomm before TDSAT.
In a move that could hot up the telecom war, Anil Ambani owned Reliance Infocomm has accused Videsh Sanchar Nigam Ltd of killing the competition in bandwidth market by creating both price and non-price barriers.\n\n
After having settled the ownership issue with his brother Anil Ambani, Mukesh on Monday sent an "emotional" farewell message to the employees of Reliance Infocomm, considered his pet project.
Reliance Infocomm may go public in 2005, Mukesh Ambani, chairman of Reliance Industries said in New York on Thursday.
The Advertising Standards Council of India has found Reliance Infocomm's advertisements on WLL telephony misleading for not mentioning conditions applicable with schemes and giving false information on services like roaming.
Reliance Infocomm is once again giving incumbents Bharat Sanchar Nigam and Mahanagar Telephone Nigam Ltd a run for their money.
Reliance Infocomm has paid Rs 130 crore (Rs 1.3 billion) to BSNL as part of its last payment due to the PSU for re-routing international calls.
Reliance Infocomm's wireless data connectivity service has proved to be a money-spinner for the telecom service provider, which has recorded a 70 per cent growth in the last four months.
The Supreme Court on Monday stayed proceedings before the Delhi High Court on a petition filed by Reliance Infocomm challenging BSNL's decision to impose a penalty of Rs 182.7 crore (Rs 1.82 billion) for alleged re-routing of international calls as l
Reliance Infocomm Ltd has launched two new plans, Budget 149 and Budget 249, with monthly rental of Rs 149 and Rs 249 respectively, for users who would like to limit their monthly spend.
The decision by Mukesh Ambani, chairman of Reliance Industries as well as Reliance Infocomm, to annul his 12 per cent sweat equity deal in Infocomm
The Mukesh Ambani-controlled Reliance Infocomm on Sunday said it had invested over Rs 14,000 crore towards rolling out its information and communication infrastructure, and dismissed allegations of huge bad debt.
Cellular operators have sought intervention by TRAI to restrain Reliance Infocomm from offering predatory tariffs in its new unlimited talktime plans claiming this was non-compliance of the regulator's order.
Reliance Infocomm Ltd has been awarded Georgraphic Information Systems award for using this technology extensively for providing basic and wireless telecommunication services in more than 600 cities and towns in India.
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