Reliance Jio Infocomm (RJIL) has written to the Telecom Regulatory Authority of India (Trai) stating that a recent complaint against it by Bharti Airtel is a deliberate, malicious attempt at defaming RJIL's consumer-friendly tariff. RJIL has also asked the regulator to warn Airtel against 'making such frivolous complaints in the future'. The move is in response to Airtel recently requesting Trai to bring content aired through broadband under the regulatory fold and keep a check against discriminatory bundling tactics.
Jio Financial Services Limited, the demerged financial services unit of Reliance Industries, will be excluded from various indices of NSE, including the benchmark Nifty 50, from September 7. Shares of Jio Financial got listed on the stock exchanges on August 21, after its spin-off from parent Reliance Industries. In accordance with the index methodology, as JIOFIN has not hit price band on two consecutive trading days on September 4 and 5 at NSE, the Index Maintenance Sub Committee (Equity) of NSE Indices Ltd has decided to exclude JIOFIN from various indices effective from September 7, 2023 (close of September 6, 2023), as per a statement by NSE Indices Ltd on Tuesday.
A Bob Dylan biopic, Mohanlal's vendetta, super serious Suriya and more on OTT this week.
Bharti Airtel has quietly narrowed its adjusted gross revenue (AGR) market share gap with Reliance Jio, the country's largest player in the game, in the last three years. Despite Jio's aggressive entry into 4G and now into 5G, Airtel's gap with Jio, which was 6.4 percentage points in Q1 of FY21 and went up to 7.2 percentage points in Q1 of FY22, has fallen to only 4.4 percentage points in Q1 of FY24. Currently, Reliance Jio's AGR market share is 41.6 per cent while Airtel's is at 37.2 per cent.
'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.'
Siraj, who now leads the wicket-takers' chart in the series with 18 scalps, showcased his control and Aaron particularly highlighted the use of his signature delivery.
Action, romance, comedy, drama unlimited on OTT this week, lists Sukanya Verma.
July has interesting OTT entertainment awaiting you.
Xiaomi India on Tuesday announced its partnership with Reliance Jio to offer the telco's 'True 5G' experience to its consumers. Smartphone models supporting the Standalone (SA) network have received a software update to work seamlessly on Reliance Jio's network, according to a statement. The enabled devices include Mi 11 Ultra 5G, Xiaomi 12 Pro 5G, Xiaomi 11T Pro 5G, Redmi Note 11 Pro+ 5G, Xiaomi 11 Lite NE 5G, Redmi Note 11T 5G, Redmi 11 Prime 5G, Redmi Note 10T 5G, Mi 11X 5G, Mi 11X Pro 5G, Redmi K50i 5G, Xiaomi 11i 5G and Xiaomi 11i HyperCharge 5G.
Former Indian cricket stars Suresh Raina, RP Singh, and Anil Kumble share hilarious and heartwarming stories in 'Cheeky Singles' on JioHotstar.
Soldiers, cops, detectives, K-Pop idols, here's everything you can catch on OTT this week.
'As you're watching the IPL live, there's a conscious effort to showcase the entertainment portfolio.'
'I don't think you can see me acting again because I enjoy film-making and it's what I have always wanted to do.'
'I just wanted to fight for an entire day and that was the only message given to me by the coach.'
Reliance Jio has suggested an alternative plan to the The Telecom Regulatory Authority of India (Trai) under which spectrum required by non-geostationary orbit satellite (NGSO) operators to run their gateway terminals should be auctioned geographically, based on districts, rather than circles as done for mobile services. For spectrum which would be required to connect user terminals (like individual homes), Jio has suggested it should be auctioned frequency-wise and exclusively to an operator at a pan-India level. The move is significant as the auctioning of satellite space spectrum has been vehemently opposed by low earth orbit satellite operators (satellites which circle at low altitudes of 200-2000 km).
It's going to be an exciting month for OTT as numerous titles across languages will premiere online.
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.
Former England batter Jonathan Trott feels privileged to have watched current India captain Shubman Gill's double hundred and the second innings century in the Edgbaston Test which had shades of another genius Virat Kohli.
'I woke up in the morning and checked google on my phone and took out a 'Believe' emoji wallpaper and told myself that I will do it for the country.'
It's an action-packed week on OTT. Fasten your seat belts and check out these options from Sukanya Verma.
'The satisfaction of making content only comes when it reaches theatres as you are directly connecting to the masses.'
Smriti Irani is the oxygen of Kyunki Saas Bhi Kabhi Bahu Thi. When the camera zooms in on her, you'd momentarily forget she is a feisty politician in real life, notes Divya Nair.
The company had announced similar pricing for Sri Lanka, where its application was in advanced stages of regulatory clearance.
Former England cricketer Nasser Hussain also praised Rahul's methodical approach to batting.
Jio Financial Services, a unit of Mukesh Ambani's Reliance Industries (RIL), got valued at Rs 1.66 trillion ($20 billion) following an hour-long special trading session conducted by stock exchanges on Thursday. Shares of RIL's unit got priced at Rs 261.85 apiece - higher than analysts' expectations of Rs 134-224 per share. The price was arrived at after calculating the difference between RIL's Wednesday (July 19) close of Rs 2,840 and Rs 2,580, the price discovered during the first-of-its-kind pre-trade session.
With Jasprit Bumrah crafting chances by the dozen, a spate of dropped sitters, including three by Yashasvi Jaiswal, handed England a lifeline and drew scathing remarks from Stuart Broad and Sunil Gavaskar.
What are you going to watch on OTT this week? Sukanya Verma lists your options.
Smriti Irani, known for her work as both an actress and a politician, recently spoke honestly about the struggles she faced in her early television career. In a chat with Raj Shamani on his podcast, she shared emotional and challenging moments from her time on the popular show Kyunki Saas Bhi Kabhi Bahu Thi and the talk show Kuch Dil Se.
Action, romance, comedy, it's raining masala entertainment on OTT this week.
Ben Stokes, the man who had earlier lit up the field with a sensational century, didn't bowl a single over.
'Siraj gives everything for India, and it is credit to him for that, the way he approaches cricket.'
The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets. On November 6, Jio had proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing an insolvency resolution process.
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.
With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49.
India's biggest telecom players, Bharti Airtel and Reliance Industries-backed Jio Platforms, will soon bring billionaire Elon Musk-led SpaceX's Starlink satellite services to India. According to analysts, the move could boost India's tele density, especially in the rural areas, and may be an opportunity for investors to add the two stocks on dips for long-term gains
India's hopes of drawing the series at The Oval may hinge on one question: will Jasprit Bumrah play?
The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage. This shift, identified by BofA Global Research, closely monitoring key segments of the app business, has pushed JioMart to third place in the grocery space.
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade. On the BSE, shares of the company began the trade at Rs 265, up 1.20 per cent against Rs 261.85, the price fixed at a special price discovery session held last month. However, the stock later fell by 3.85 per cent to hit Rs 251.75 -- its lower circuit limit -- against Rs 261.85.
'He told me to remember all the hard work my father has put in to get me here.'
