News for 'Jio Money'

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.

Indian Women Create Their 1983 Moment

Indian Women Create Their 1983 Moment

Rediff.com3 Nov 2025

If the men of 1983 gave India a reason to dream, the women of 2025 could give it something rarer -- the courage to live that dream in full daylight, under an open sky that finally belongs to them, points out Prem Panicker.

Sebi's new reforms aim to streamline mega IPOs

Sebi's new reforms aim to streamline mega IPOs

Rediff.com9 Aug 2025

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).

Have You Watched Ekta Kapoor's OTT Channel?

Have You Watched Ekta Kapoor's OTT Channel?

Rediff.com9 Oct 2025

Jeetendra and his family-backed Balaji Telefilms is focusing on expanding the content slate on its streaming platform Kutingg through micro dramas and long-format binge shows after the recent ban on its subscription-based video-on-demand platform ALTT due to obscene content.

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

RIL to be a deep-tech, advanced manufacturing powerhouse: Mukesh Ambani

Rediff.com26 Jun 2025

Reliance Industries (RIL), India's largest conglomerate, is set to pivot into a deeptech and advanced manufacturing enterprise, chairman and managing director (CMD) Mukesh Ambani said. "In artificial intelligence, our purpose is clear: to address complex societal challenges and create wealth for the nation and its people.

DIIs Pump Record Rs 6 Trillion in 2025

DIIs Pump Record Rs 6 Trillion in 2025

Rediff.com16 Oct 2025

The strong domestic flow offset selling by foreign portfolio investors who pulled out $23.3 billion (Rs 2.03 trillion) from domestic equity markets in CY25.

Tariff impact: Reliance Jio loses 3.76 million users in October 2024

Tariff impact: Reliance Jio loses 3.76 million users in October 2024

Rediff.com24 Dec 2024

Losing subscribers for the fourth straight month, Reliance Jio witnessed 3.76 million users leave the telecom operator in October, data from the Telecom Regulatory Authority of India (Trai) showed on Monday. Meanwhile, Bharti Airtel reversed three months of decline, and added 1.92 million users, indicating it has overcome the impact of the broad-based tariff hikes imposed by private sector telcos in July.

Spectrum auctions: Airtel likely to edge past Jio

Spectrum auctions: Airtel likely to edge past Jio

Rediff.com29 May 2024

Bharti Airtel may end up cumulatively bidding for more spectrum than market leader Reliance Jio in the upcoming auctions. This is owing to its need for spectrum renewal, and a requirement for 900 MHz in a few circles, analysts have said. Despite the muted bidding expected in the upcoming auctions, Airtel may end up making more bids than Jio, they added.

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

ITC Hotels' demerger to mirror Reliance Industries-Jio Financial playbook

Rediff.com2 Jan 2025

ITC's move to hive off its hotel business will have implications for passive funds and exchange traded funds (ETFs) similar to that seen during the Reliance Industries-Jio Financial demerger. As ITC is part of popular indices such as Nifty and Sensex, it is held by several index funds and ETFs.

Tariff impact: Reliance Jio lost 7.96 mn users in Sep

Tariff impact: Reliance Jio lost 7.96 mn users in Sep

Rediff.com22 Nov 2024

Reliance Jio's major subscriber losses continued for the third straight month with 7.96 million users leaving the telecom operator in September, even as the state-owned BSNL stood out as the lone gainer, data from the Telecom Regulatory Authority of India (Trai) showed on Thursday. Market leader Jio's subscriber loss has continued since July when the three private telecom operators - Jio, Bharti Airtel, and Vodafone Idea (Vi) - brought in a broad-based hike in tariffs.

High tariffs, foreign fund outflows drag Sensex by 272 points

High tariffs, foreign fund outflows drag Sensex by 272 points

Rediff.com29 Aug 2025

Equity benchmark indices Sensex and Nifty fell on Friday, extending their downward journey to the third day, as investors continued to reel under pressure caused by the imposition of high tariffs and relentless foreign fund outflows.

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Tata Capital eyes Rs 1.38 trn mcap in largest NBFC IPO

Rediff.com30 Sep 2025

Tata Capital is set to launch India's largest ever initial public offering (IPO) by a non-banking financial company (NBFC), valuing the Tata group firm at Rs 1.38 trillion. This will make the company India's fifth-most-valued NBFC after Bajaj Finance (Rs 6.12 trillion), Bajaj Finserv (Rs 3.2 trillion), Jio Financial Services (Rs 1.87 trillion), and IRFC (Rs 1.59 trillion).

'From March 2026, India Should Resume Long-Term Uptrend'

'From March 2026, India Should Resume Long-Term Uptrend'

Rediff.com29 Sep 2025

'Indian markets may underperform global peers for the next two quarters.' 'But beyond that, India should catch up and resume its long-term growth path.'

Did IPL 2023 Make Money For Jio/Disney?

Did IPL 2023 Make Money For Jio/Disney?

Rediff.com8 Jun 2023

'Advertising this season will help IPL surpass $550 million in ad revenues, across digital and pay TV.' 'It should still represent a steep loss against annualised 2023-2027 IPL rights fees of $1.2 billion.'

Jio's network cost per tower less than Airtel's but gap shrinking: Analysts

Jio's network cost per tower less than Airtel's but gap shrinking: Analysts

Rediff.com5 Sep 2024

The network cost per tower of Reliance Jio is lower than its rival Bharti Airtel even as the gap between them is narrowing due to the latter cutting costs at a faster pace, analysts said. While the energy cost per tower for both telcos is reducing, Airtel has managed to reduce costs at a faster pace, brokerage firm IIFL Securities said in a research note. "Jio used to enjoy 35 per cent lower network cost per tower, including the right of use (RoU) depreciation and lease finance cost, versus Bharti four years back. This gap has now (FY24) narrowed to 7 per cent," it said.

Ready For Squid Game Finale On OTT?

Ready For Squid Game Finale On OTT?

Rediff.com27 Jun 2025

Income tax raids, killer games, village elections, criminal investigations, things are rather exciting on OTT this week, as Sukanya Verma notes.

AI, a divine wish-fulfilling cow of our age: Mukesh Ambani

AI, a divine wish-fulfilling cow of our age: Mukesh Ambani

Rediff.com29 Aug 2025

Breakthroughs in Artificial Intelligence and allied deep technologies are boosting productivity, efficiency and human potential to unimaginable levels, Reliance Industries chairman Mukesh Ambani said on Friday describing the "miraculous power" of AI as new 'kamdhenu', the divine wish-fulfilling cow.

Ambani's AI offer: Up to 100 GB free cloud storage for Jio users

Ambani's AI offer: Up to 100 GB free cloud storage for Jio users

Rediff.com29 Aug 2024

Stepping up the company's AI and cloud play, Reliance Industries chairman Mukesh Ambani on Thursday announced that Jio users will get up to 100 GB of free cloud storage to securely store and access their photos, videos, documents, digital content and data. Addressing the 47th AGM of RIL, Ambani said the Jio AI-Cloud Welcome offer will be launched during the upcoming Diwali, which would bring a "powerful and affordable solution where cloud data storage and data-powered AI services are available to everyone, everywhere". "Jio users will get up to 100 GB of free cloud storage to securely store and access all their photos, videos, documents, all other digital content, and data.

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Rediff.com13 Nov 2024

Reliance Jio, the telecom business of the Mukesh Ambani-promoted conglomerate, is expected to go for an initial public offering (IPO) of over $6.25 billion either in the second or the third quarter of the calendar year 2025, sources said. Reliance Retail is likely to be listed around the same time with a short gap, it is learnt. The timing of the two IPOs, however, will depend on the company's assessment of the market conditions among other factors.

Jio, Airtel drive telecom subscriber base growth to 120.5 cr in June

Jio, Airtel drive telecom subscriber base growth to 120.5 cr in June

Rediff.com21 Aug 2024

New customer additions by Reliance Jio and Bharti Airtel pushed the Indian telecom subscriber base past 120.5 crore in June, according to a Trai report released on Tuesday. The wireless subscriber base grew marginally to over 117 crore and wireline connections in the country increased to 3.51 crore in June from 116.89 crore and 3.47 crore, respectively, in May, as per data released in Trai's subscriber report for June.

Guess how much salary Anant Ambani will draw as executive director of RIL

Guess how much salary Anant Ambani will draw as executive director of RIL

Rediff.com30 Jun 2025

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.

Jio mobile tariff to go up by 12-27% from Jul 3

Jio mobile tariff to go up by 12-27% from Jul 3

Rediff.com27 Jun 2024

Reliance Jio, India's top telecom operator, announced a 12-27 per cent hike in mobile tariffs -- the first in two and half years, setting the stage for other operators like Vodafone Idea to raise charges. The company has also restricted the access of unlimited free 5G services for customers. The hike comes immediately after the spectrum auction, as per the anticipation of sector experts.

Reliance's refining margins projected to stay strong compared to PSU peers

Reliance's refining margins projected to stay strong compared to PSU peers

Rediff.com6 Sep 2025

Reliance Industries' refining earnings will remain steady, supported by its position as India's largest importer of Russian crude and favourable global supplies, according to analysts at JM Financial and Goldman Sachs. Reliance imported more Russian barrels than any other Indian refiner in the past eight months, according to data from Bloomberg/Kpler.

Ready For A Thrilling Weekend On OTT?

Ready For A Thrilling Weekend On OTT?

Rediff.com20 Jun 2025

Soldiers, cops, detectives, K-Pop idols, here's everything you can catch on OTT this week.

Will Jio MF Disrupt MF Business?

Will Jio MF Disrupt MF Business?

Rediff.com21 Aug 2023

While Jio MF will undoubtedly grow in size, it will have to cross multiple hurdles even to emerge as the market leader, observes Debashis Basu.

Bold Moves Must For Silver Screen To Sparkle Again

Bold Moves Must For Silver Screen To Sparkle Again

Rediff.com12 Jul 2025

More screens, more films, and longer windows will convert to more people watching, assuming they know a film is releasing, points out Vanita Kohli-Khandekar.

'Where Your Data Resides Is Now A Fundamental Question'

'Where Your Data Resides Is Now A Fundamental Question'

Rediff.com1 Sep 2025

'What we see now is a much stronger need for data sovereignty.'

Ready for June's OTT Line-Up?

Ready for June's OTT Line-Up?

Rediff.com3 Jun 2025

It's going to be an exciting month for OTT as numerous titles across languages will premiere online.

10 Understated OTT Reccos For You!

10 Understated OTT Reccos For You!

Rediff.com21 May 2025

Wondering where to catch some overlooked, understated gems. Here are some OTT recommendations for you.

Ambani lists Reliance's four engines for growth

Ambani lists Reliance's four engines for growth

Rediff.com7 Aug 2025

Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate's next phase of expansion, Chairman Mukesh Ambani said. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm's latest annual report.

Big Tech May Miss Out on IndiaAI Mission Support

Big Tech May Miss Out on IndiaAI Mission Support

Rediff.com12 Jun 2025

'Taxpayers' money cannot be given to these companies which can access the market and buy GPUs at a competitive price from any vendor.'

Would you buy Starlink plans at 3K-4.2K/month?

Would you buy Starlink plans at 3K-4.2K/month?

Rediff.com10 Jun 2025

The company had announced similar pricing for Sri Lanka, where its application was in advanced stages of regulatory clearance.

Bet On Dance And Drama On OTT This Week!

Bet On Dance And Drama On OTT This Week!

Rediff.com16 May 2025

What are you going to watch on OTT this week? Sukanya Verma lists your options.

'Jiostar's Content Library Is Larger Than Netflix'

'Jiostar's Content Library Is Larger Than Netflix'

Rediff.com21 Apr 2025

'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'

'Acting Is A Very Luck-Dependent Business'

'Acting Is A Very Luck-Dependent Business'

Rediff.com2 Sep 2025

'Your family doesn't want you to come to this field because there's no direction, no formula.' 'It's not as if your career is settled and you will get work consistently.'

Bharti Space to invest $36 million in French satellite major Eutelsat

Bharti Space to invest $36 million in French satellite major Eutelsat

Rediff.com21 Jun 2025

As part of a plan to refinance debt and expand its upcoming constellation of satellites, French satellite major Eutelsat Communications will raise euro 1.35 billion, or $1.55 billion, through a reserved capital increase and a rights issue, the company announced on Friday. Bharti Enterprises' space venture, Bharti Space Ltd, will invest euro 31.4 million, or $36 million, in the capital raise.

'People Mock You, Then They Follow You'

'People Mock You, Then They Follow You'

Rediff.com31 Jul 2025

'I was body-shamed but I never let it get to me.' 'As an influencer, I wanted to show other girls that confidence matters more than size.'

Elon Musk's Starlink gets satcom nod for India

Elon Musk's Starlink gets satcom nod for India

Rediff.com6 Jun 2025

Elon Musk's Starlink has got licence for satcom services in India, according to sources.

Jio Fin arm plans Rs 36K cr deal with Reliance Retail

Jio Fin arm plans Rs 36K cr deal with Reliance Retail

Rediff.com27 May 2024

Mukesh Ambani's Jio Financial Services (JFS) is set to seek shareholders' approval for its leasing subsidiary to acquire telecom equipment and devices worth Rs 36,000 crore ($4.33 billion) from Reliance Retail. Jio Leasing Services Limited (JLSL), a wholly-owned subsidiary of JFS, plans to enter the device leasing business, and the equipment will be deployed in broadband wireless connectivity and other services.

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Payments banks urge FinMin to raise deposit limit to Rs 5 lakh

Rediff.com28 Mar 2025

Payments banks have urged the Union finance ministry to increase their deposit limit for each account to Rs 5 lakh, according to a source who participated in a meeting, chaired by the Department of Financial Services Secretary M Nagaraju, in New Delhi. At present, they can accept deposits of up to Rs 2 lakh.