ICICI Securities expects Jio Platforms' ensuing IPO to fetch "premium valuations", as was the case in the high-profile equity raise of FY21, and has pegged the company's equity value at $148 billion by September 2027.
Jio Platforms Limited is likely to have a valuation of $148 billion by the time it goes public on the back of strong free cash flow and potential deleveraging, ICICI Securities said.
'India needs at least 70,000 to 80,000 eyewear stores; our 2,000 stores are just a drop in the ocean.'
India's entry-level 5G smartphone segment, typically held to be those priced below 10,000, is set to bustle in the upcoming festival season as brands like HMD, Poco, and Lava launch their products.
Reliance Jio, India's biggest telecom operator, is planning to launch an initial public offering (IPO) and listing on bourses in the first half of 2026, billionaire Mukesh Ambani said on Friday. Jio is currently a unit of Reliance Industries Ltd, India's most valuable company.
The company is targeting countries like Germany, Italy, France, Spain, Portugal, and the UK which account for over 70 per cent of Europe's two-wheeler volumes.
Apple's iPhone supplies in India grew 25 per cent year-on-year in March quarter 2025, capturing 8 per cent market share, a CyberMedia Research report said on Monday.
The global PC landscape is poised for a seismic shift as artificial intelligence (AI) PCs are projected to dominate the market, with 98 per cent of all PCs expected to feature AI capabilities by 2028, according to a senior Dell executive. Talking to PTI, senior director and general manager of Client Solutions Group at Dell Technologies India, Indrajit Belgundi said AI PC adoption is significantly growing across all age groups, industries, and categories.
From powering mobile devices, US chip designer Qualcomm has tied up with Ola Electric to power its electric scooters. Qualcomm is providing the key 4G connected octa core android platform which provides connectivity, computing capabilities and enables rich immersive displays with power saving software.
Major recruiters, with double-digit offers at IIT campuses this year so far, include American Express, Barclays, BCG, Cars24, Deutsche Bank, Goldman Sachs, Google, Intel India, Meesho, Micron Technology, Microsoft, OLA, Oracle, Reliance, and Qualcomm.
US-based Qualcomm, the dominant supplier of the chips that drive code division multiple access mobile phones, and Reliance Communications have agreed to expand the use of the technology in India.
Qualcomm had received its internet service provider licence last month, after a delay of 18 months, with a validity period of 20 years after a Telecom Disputes Settlement and Appellate Tribunal direction to DoT.
Smartphones are full-featured mobile phones with personal computer like functionality with camera and email capabilities with a complete personal organiser. "We are working with our OEMs to bring to market smartphones with full in-built HSDPA (advance version of 3G mobile functions) next year," Qualcomm India and South Asian Association for Regional Cooperation President Kanwalinder Singh told PTI.
Code Division Multiple Access technology major Qualcomm Inc on Friday announced the opening of a research and development in Hyderabad, to support its chipset development activities.
Leading microchip providers Qualcomm and Intel say the chip shortage might last anything between four months to a year, perhaps even two years, depending on the various product categories - mobile devices, ICE, electric vehicles, appliances, data centres. Prakash Mallya, MD, Intel India and vice president, sales and marketing and communications group, said the spike in demand was huge, and cut across segments from PCs, phones, appliances and auto leading to the shortage.
Qualcomm Incorporated, a developer of wireless technologies and data solutions, on Tuesday announced its plans to invest in Indian startup companies offering technologies and services that enhance the wireless communications and semiconductor ecosystems.
"We are working with laptop manufacturers and OEMs to bring to the market low-cost Internet-based devices at an affordable price," said Qualcomm Vice-president and Country Manager, Technology, Sandeep Sibal. From a user's perspective, he added, the new device would be all about connected computing. Unlike a traditional laptop, Internet connectivity would be built into the device. Besides lower price and smaller size, it would also have a long-lasting battery life.
CDMA technology developer Qualcomm on Tuesday said it was not negotiating with Indian telecom players, including Anil Ambani group company Reliance Communications, on lowering the royalty paid by them.
Qualcomm has been playing a key role driving India's wireless revolution
In a move that could bring down prices of CDMA handsets further, Qualcomm Inc has licensed Himachal Futuristic Communications Ltd to manufacture 3G CDMA2000 mobile handsets, fixed-wireless phones and line modem cards.
Qualcomm, the global developer of wireless technologies and data solutions, will soon invest in Indian wireless communications and semiconductor start-up companies through its arm Qualcomm Ventures. It will focus on Indian start-ups and private companies that serve the mobile and semiconductor ecosystem in India through innovation in mobile application and platform software developers, semiconductor components, devices & service platforms & network infrastructure providers.
On May 24, 2012, Bharti Airtel and Qualcomm announced an agreement under which Bharti had acquired 49 per cent interest in Qualcomm AP's India entities with licences to offer 4G data services in four circles of Delhi, Mumbai, Haryana and Kerala.
Bharti Airtel on Thursday said it has acquired 49 per cent stake in Qualcomm's broadband wireless access (BWA) business in India for USD 165 million (about Rs 922 crore).
US telecom major Qualcomm on Wednesday said the recommendations of TRAI on spectrum allocation for 3G service are fair and forward looking but termed the existing criteria of allocating spectrum linked to subscriber base as "negative approach".
Telecom technology firm Qualcomm on Monday announced the appointment of Kanwalinder Singh as the president of Qualcomm India.
Shares of CDMA technology pioneer Qualcomm have come under tremendous pressure over the past one month, losing a market cap of $11.7 billion on the back of Reliance Communication, one of its major customers, mulling the option of switching to GSM.
The move is being considered after growing clamour from competing 4G operators for a level playing field in relation to Qualcomm.
Qualcomm has possible intentions of hoarding spectrum should it win the spectrum in the forthcoming auction, Wimax Forum chairman C S Rao said.
The United States-based mobile chip maker Qualcomm today sold 26 per cent stake in broadband unit in India to Tulip Telecom and Global Holdings for $57.72 million (about Rs 268 crore).
Tata Elxsi (TelX) reported a weak Q3FY25, with a sharp deceleration in the transportation vertical. However, recent deals in the Asia-Pacific (APAC), higher mix of original equipment makers (OEMs) and partnership with Qualcomm will improve growth. FY25 is the third successive financial year of revenue growth deceleration and second successive financial year of profit deceleration.
Qualcomm, the $11.14-billion digital wireless communications products and services provider, will introduce its low-cost video game console -- Zeebo -- in India by 2010. The company will also launch in India its FLO TV, which is size of an iPhone and currently available in the US.