News for 'Jio Credit'

'Banks not investing in right technology'

'Banks not investing in right technology'

Rediff.com10 Feb 2026

'There is a challenge in repositioning yourself, maybe reinventing yourself.'

Fino 1st payments bank to get RBI nod to turn SFB

Fino 1st payments bank to get RBI nod to turn SFB

Rediff.com6 Dec 2025

Fino Payments Bank (Fino) has become the first such entity to get an in-principle approval from the Reserve Bank of India (RBI) to transition into a small finance bank (SFB).

Excited to work with Ganguly in SA20: Maharaj

Excited to work with Ganguly in SA20: Maharaj

Rediff.com23 Dec 2025

Pretoria Capitals' skipper Keshav Maharaj is excited to have greats Sourav Ganguly and Shaun Pollock as part of their coaching staff in SA20.

Not giving first over to Bumrah questionable: Kumble

Not giving first over to Bumrah questionable: Kumble

Rediff.com16 Nov 2025

Not handing the ball to lead pacer Jasprit Bumrah to start the third day's play on a challenging Eden Gardens surface was "questionable", said the legendary Anil Kumble.

'India's best example is technology': Modi while inviting global investors

'India's best example is technology': Modi while inviting global investors

Rediff.com9 Oct 2025

Prime Minister Narendra Modi on Thursday invited global businesses to participate in the growth story of India, which is the fastest growing large economy of the world.

Recent RBI policies to help banks stay at equilibrium: Kamath

Recent RBI policies to help banks stay at equilibrium: Kamath

Rediff.com17 Oct 2025

The recent policies that have been announced by the Reserve Bank of India (RBI) will allow banks to fully use its capital, funding profile to keep business at an equilibrium level, which otherwise was getting skewed towards retail, said K V Kamath, chairman, Jio Financial Services.

'Banks Need To Reinvent Themselves'

'Banks Need To Reinvent Themselves'

Rediff.com3 Nov 2025

'Reinvention is not a hugely difficult task. With technology as available today, you can reinvent yourself pretty quickly.'

'One thing India could have done better was...'

'One thing India could have done better was...'

Rediff.com13 Oct 2025

Spin great Anil Kumble said the Indian bowlers could have done more to maintain pressure on the West Indian batters on Day 4 of the second Test.

'It was all about...' Richa reveals success mantra

'It was all about...' Richa reveals success mantra

Rediff.com4 Nov 2025

India's World Cup-winning team was built on trust and role clarity, feels dashing keeper-batter Richa Ghosh, who was assigned the finisher's role by head coach Amol Muzumdar.

Harman and Co upbeat as they chase elusive WC title

Harman and Co upbeat as they chase elusive WC title

Rediff.com22 Sep 2025

'We are going to play in front of a huge crowd in India, and it's going to be a memorable campaign and we are ready for it.'

'Ben Stokes behaved like a spoilt kid'

'Ben Stokes behaved like a spoilt kid'

Rediff.com28 Jul 2025

Former England captain Nasser Hussain termed Ben Stokes' decision to bring Harry Brook into the attack after India declined his offer to end the fourth Test early as "silly".

'If you're selecting Rohit, select him as captain'

'If you're selecting Rohit, select him as captain'

Rediff.com4 Oct 2025

It's a bit of a shock to see Rohit not going to Australia as captain: Harbhajan

Watch Samantha's Horror Film On OTT

Watch Samantha's Horror Film On OTT

Rediff.com13 Jun 2025

Akshay Kumar's patriotism, Rana Naidu's fury, Snow White's fair and lovely attitude... emotions run high on OTT this week.

Siraj, Krishna and A Crucial Bowling Partnership

Siraj, Krishna and A Crucial Bowling Partnership

Rediff.com4 Aug 2025

'Siraj gives everything for India, and it is credit to him for that, the way he approaches cricket.'

Inside India's Edgbaston breakthrough... Gill tells all!

Inside India's Edgbaston breakthrough... Gill tells all!

Rediff.com6 Jul 2025

Shubman Gill lauded fast bowlers Akash Deep and Mohammed Siraj for stepping up in the absence of pace spearhead Jasprit Bumrah

Salakaar Review: Gripping!

Salakaar Review: Gripping!

Rediff.com8 Aug 2025

Salakaar is full of heart, and emotionally satisfying, applauds Syed Firdaus Ashraf.

RIL's Jio investment is a credit negative: Moody's

RIL's Jio investment is a credit negative: Moody's

Rediff.com23 Jun 2014

Reliance Industries Ltd is expected to invest Rs 30,000 crore (Rs 300 billion), of the total Rs 70,000 crore (Rs 700 billion) announced, in its telecom arm Reliance Jio Infocomm over the next two years, credit rating firm Moody's said on Monday. The investment in the telecom business is a credit negative for RIL because RJio will not generate any EBITDA (an indicator of cash flows) for at least next 12 months, it said. Moody's added however that RJio will be a formidable competitor in the sector making it a credit negative for top telecom operators already in the field. "Based on RIL's March 2014 annual report, we estimate that it has already invested about Rs 400 billion (Rs 40,000 crore) in Reliance Jio, and we expect RIL to invest the next Rs 300 billion in Reliance Jio over the next two years," Moody's Investors Service said in a statement. RIL recently announced that it will launch commercial 4G telecom service of RJio in 2015 entailing investment of Rs 70,000 crore. RIL has said that RJio will initially cover about 5,000 towns and cities accounting for over 90 per cent of urban India, as well as over 215,000 villages in India and the target is to expand this to over 600,000 villages. Moody's said RJio will be a "formidable competitor in India's telecom sector" as it will enter the business with financial muscle. RJio's entry into highly competitive telecom sector is also credit negative for incumbent mobile operators and market leaders Bharti Airtel and Vodafone India because "it will undoubtedly result in intensified competition that will lead to declines in average revenue per user and margins". But, it also said that strong spectrum holding of incumbents; existing large subscriber-bases and well- established brand equity; offering 2G and 3G services (apart from 4G services being launched) as well as marketing and distribution architecture mitigate much of the near-term competitive threat from Reliance Jio for them. "Furthermore, given issues of language and literacy, large parts of rural India remain a substantially voice-based market where near-term demand for 4G services may be muted," Moody's said.

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

2 years after getting $8 bn, Reliance raises $2.9 bn offshore loan

Rediff.com16 May 2025

About 55 banks participated in the deal, making it the largest bank group for a syndicated loan in Asia so far this year.

You can't credit just one person for the win: Rinku

You can't credit just one person for the win: Rinku

Rediff.com27 May 2024

'You guys watch, I will be lifting the World Cup also.'

Jacqueline's Musical Night With Sonu, Shankar, Shaan...

Jacqueline's Musical Night With Sonu, Shankar, Shaan...

Rediff.com14 May 2025

Film folk got together in a musical night, celebrating Hai Junoon, an OTT show that will premiere on May 16 on JioHotstar.

Gill's Dilemma: Be Kohli... Or Be Himself?

Gill's Dilemma: Be Kohli... Or Be Himself?

Rediff.com16 Jul 2025

Shubman Gill's early days as India's Test captain have stirred intense debate -- not just for his on-field decisions, but for a noticeable shift in persona.

Jio Financial to list on bourses on Aug 21

Jio Financial to list on bourses on Aug 21

Rediff.com18 Aug 2023

Jio Financial Services, the demerged financial services unit of Reliance Industries, will be listed on bourses on August 21, according to an exchange notification. Jio Financial Services Ltd (JFSL) demerged from Reliance last month and is currently listed under a dummy ticker after its price discovery at Rs 261.85 but there is no trading happening in the scrip. The listing on BSE and NSE has been scheduled a day before FTSE Russell plans to drop JFSL from its indices.

'Life changed overnight': Nigam on sharing space with DC legends

'Life changed overnight': Nigam on sharing space with DC legends

Rediff.com21 May 2025

The 20-year-old Nigam, who was picked for Rs 50 lakh by DC, has been impressive in the IPL with both bat and ball.

RCB's unstoppable away streak: Chawla reveals secret

RCB's unstoppable away streak: Chawla reveals secret

Rediff.com28 Apr 2025

Virat and Krunal inspired Bengaluru to the top of the table by stitching up an impeccable 119-run stand to safely guide the Royal Challengers through the turbulent phase.

Jio's cashback offer to escalate competition

Jio's cashback offer to escalate competition

Rediff.com7 Oct 2021

Mukesh Ambani-led Reliance Jio has introduced a 20-per cent cashback offer on select prepaid plans, intensifying competition in the Indian telecommunications (telecom) market. Jio is the largest telecom service provider in India, with 443 million subscribers as of July. Jio's cashback offer will drive cross-selling across Reliance's various retail businesses, but the move is also being seen by some analysts as a signal that tariff hikes may not be around the corner just yet.

'One Actor Can Only Do So Much Work'

'One Actor Can Only Do So Much Work'

Rediff.com28 Jul 2025

'I had not even realised I had done almost 100 films.'

Hai Junoon Review: Mindless Fluff

Hai Junoon Review: Mindless Fluff

Rediff.com16 May 2025

The plot goes pretty much as expected but the Hai Junoon team seem to have sat with a check list of issues that affect today's teenagers, and ticked the ones used in the show, observes Deepa Gahlot.

'Miss World Is Like Telugu Cinema': Nandini Gupta

'Miss World Is Like Telugu Cinema': Nandini Gupta

Rediff.com29 May 2025

A quick conversation with Miss India World Nandini Gupta, who has entered the quarterfinal of the 72nd Miss World competition.

'IPL Title Would Be Kohli's Perfect Finish'

'IPL Title Would Be Kohli's Perfect Finish'

Rediff.com6 Mar 2025

'It's great to see him stepping out of his comfort zone, trying new shots, and exploring different aspects of his game.'

Should you buy JioPhone Next? Here's what experts say

Should you buy JioPhone Next? Here's what experts say

Rediff.com9 Nov 2021

Reliance-Google's new smartphone has got mixed reviews from analysts and brokerages. The phone pricing is seen unattractive for low-end customers and bundled offers are being viewed as non-disruptive. While this could slow the pace of adoption, it could set the stage for tariff hikes in the industry, feel analysts.

Sunil Narine's one secret that changed Kuldeep's career

Sunil Narine's one secret that changed Kuldeep's career

Rediff.com30 Mar 2025

I learned a lot from Sunil Narine when I was with KKR: Kuldeep Yadav

Low price raises concern on Jio's break-even

Low price raises concern on Jio's break-even

Rediff.com2 Sep 2016

Analysts cautious on outlook, expect earnings to remain under pressure over medium term.

IPL 2025: 'Nitish Rana played an incredible knock'

IPL 2025: 'Nitish Rana played an incredible knock'

Rediff.com31 Mar 2025

New Zealand batting great Kane Williamson praised Nitish Rana's match-winning 36-ball 81 against Chennai Super Kings on Sunday.

Spectrum deal: How Jio and Airtel stand to 'gain'

Spectrum deal: How Jio and Airtel stand to 'gain'

Rediff.com8 Apr 2021

Jio's spectrum trading pact with Airtel has enabled India's largest telco to top-up its holding in three key circles and yielded potential savings of about $400 million, according to a report. It is pertinent to mention here that Reliance Jio has signed an agreement with Bharti Airtel to acquire a portion of spectrum in 800 MHz band for Andhra Pradesh, Delhi and Mumbai circles at an aggregate value of Rs 1,497 crore -- marking the first such deal between the two telecom giants that otherwise compete fiercely in the market. Market analysts have termed the deal "mutually beneficial" and "win-win for both". UBS in a note cited Jio's spectrum buys in the 800 MHz band in Andhra Pradesh, Delhi and Mumbai in the recently-concluded auctions.

What Kohli said after India's Champions Trophy triumph

What Kohli said after India's Champions Trophy triumph

Rediff.com9 Mar 2025

'When you leave, you want to leave the team in better place'

5 Must Watch Titles From This Supergirl of Bollywood!

5 Must Watch Titles From This Supergirl of Bollywood!

Rediff.com27 Feb 2025

Sukanya Verma captures everything Reema Kagti has created so far and where you can watch it.

How Dravid shaped Samson's career as a Royal...

How Dravid shaped Samson's career as a Royal...

Rediff.com14 Mar 2025

Sanju Samson, who will be leading Rajasthan Royals for a fifth successive year, credits Rahul Dravid's leadership as a major influence on his own approach.

Rohit's Injury: What Did He Really Say?

Rohit's Injury: What Did He Really Say?

Rediff.com23 Feb 2025

India captain Rohit Sharma played down concerns around his fitness after a crucial group A match of the Champions Trophy against Pakistan. Despite a brief period off the field during the Pakistan innings, Rohit assured that his hamstring was "okay." Meanwhile, Virat Kohli's century led India to a six-wicket victory, putting them on the verge of a semifinal berth.

'I'm in a Rs 70L credit card debt trap'

'I'm in a Rs 70L credit card debt trap'

Rediff.com2 Apr 2024

rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Bharti Airtel Q2 net profit zooms nearly three-fold to Rs 3,593 cr

Rediff.com28 Oct 2024

Bharti Airtel on Monday reported a 168 per cent year-on-year rise in consolidated net profit to Rs 3,593 crore for the September quarter, and the company unveiled top-level changes, including Gopal Vittal moving into the role of executive vice chairman on January 1, 2026. India's second-largest telco - that competes with Reliance Jio and Vodafone Idea in the Indian telecom market - clocked quarterly revenues of Rs 41,473 crore, 12 per cent higher than the year-ago period, aided by strong momentum in India and growth in Africa.