News for 'Reliance Jio'

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

5G will make our cities smarter and society safer: Akash Ambani

5G will make our cities smarter and society safer: Akash Ambani

Rediff.com28 Feb 2023

5G ambulances will not just allow remote consultation, but would also be able to transit data and video to hospitals in real time, saving precious time for critical patients. 5G technology would also support the development of new educational applications, improve agriculture productivity, and aid search and rescue missions with high resolution cameras in disaster recovery zones.

Telcos take smartphone battle to Bharat

Telcos take smartphone battle to Bharat

Rediff.com23 Oct 2017

Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.

Voda, Airtel take on Rel Jio in exchanges, signal the fight is on

Voda, Airtel take on Rel Jio in exchanges, signal the fight is on

Rediff.com18 Jan 2021

Over the three-month period, Airtel's stock price has rallied from Rs 432 to Rs 540, while Vodafone Idea has risen from Rs 9.2 to Rs 11.8 per share.

Google India's Wi-Fi project to soon go global

Google India's Wi-Fi project to soon go global

Rediff.com5 Jul 2018

Most of the markets it is now looking at in hopes of gaining the next billion internet users have demographics similar to that of India.

What makes Reliance Retail a unique venture in India?

What makes Reliance Retail a unique venture in India?

Rediff.com31 Oct 2021

Even as regulatory focus has zeroed in on foreign e-commerce giant Amazon, a domestic retail giant has been created almost below the radar in Reliance Retail (RR), one of the most crucial businesses for the group's future. From doorstep delivery of groceries, apparels to branded jewellery, medicines, toys, furniture to high street retailing, RR's presence in the world's fourth largest consumer market is just one part of the story.

GSM lobby softens stand, not to take legal recourse

GSM lobby softens stand, not to take legal recourse

Rediff.com11 Mar 2013

The Cellular Operators Association of India said it would not take any legal step on the issue, unlike what it had said earlier.

Mukesh Ambani's telecom gamble

Mukesh Ambani's telecom gamble

Rediff.com20 Feb 2013

Will Mukesh Ambani disrupt the telecom market by offering consumers voice calls at rock-bottom tariff?

Tamil Nadu bureaucrat K Rajaraman is new telecom secretary

Tamil Nadu bureaucrat K Rajaraman is new telecom secretary

Rediff.com1 Oct 2021

Tamil Nadu cadre IAS officer K Rajaraman on Friday took charge as the new telecom secretary. His joining comes following the superannuation of Anshu Prakash on September 30. "Shri K Rajaraman, IAS (TN:89) takes charge as Secretary, @DoT_India in presence of senior officials of the department," a PIB tweet said. He was serving as the additional secretary for investments at the Department of Economic Affairs before being promoted to the position of secretary, DoT.

Reliance's 'NIMBY' woes prove headache for India's digital push

Reliance's 'NIMBY' woes prove headache for India's digital push

Rediff.com2 Apr 2015

RIL has faced protests from local authorities, activists and residents across India campaigning against masts and roadworks.

Vodafone Idea hikes tariff as it struggles to pay dues

Vodafone Idea hikes tariff as it struggles to pay dues

Rediff.com2 Dec 2020

The latest move, even if it is symbolic, is the first rate hike after the one announced end of 2019.

India's oil marketing cos may post Rs 10,700 cr loss in Q1

India's oil marketing cos may post Rs 10,700 cr loss in Q1

Rediff.com11 Jul 2022

Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan Petroleum may post a combined loss of Rs 10,700 crore in June quarter on selling petrol and diesel at rates below cost, a report said on Monday. While the raw material (crude oil) prices soared in April-June, petrol and diesel prices were not revised, leading to marketing losses which offset strong refining margins, ICICI Securities said in the report. The three state-owned oil marketing companies -- IOC, BPCL and HPCL -- control 90 per cent of the retail petrol and diesel sales in the country.

RJio to make FY17 tough for telcos, say rating agencies

RJio to make FY17 tough for telcos, say rating agencies

Rediff.com13 Mar 2016

Mukesh Ambani-led company will squeeze market shares and margins of existing players

How brands are making a splash at Kumbh Mela

How brands are making a splash at Kumbh Mela

Rediff.com23 Jan 2019

Milk booths by Amul and Mother Dairy, a Kumbh phone by Reliance Jio, Dabur's toothpaste dispensers are among the many initiatives by brands steadying for a stint on haloed ground.

Good news for smartphone users, 4G rolled out in 296 Indian cities

Good news for smartphone users, 4G rolled out in 296 Indian cities

Rediff.com6 Aug 2015

Bharti Airtel on Thursday announced the commercial launch of 4G services in 296 towns across India after testing the market in select cities.

RIL to invest Rs 2-lakh cr in oil biz, says Mukesh Ambani

RIL to invest Rs 2-lakh cr in oil biz, says Mukesh Ambani

Rediff.com12 Jun 2015

Over a third of Ambani's speech was focussed on RIL's plans.

Invested in telecom stocks? It's good time to exit

Invested in telecom stocks? It's good time to exit

Rediff.com24 Feb 2017

Experts say going ahead data price will fall further due to competition

Silver Lake to invest additional Rs 1,875 cr in Reliance Retail

Silver Lake to invest additional Rs 1,875 cr in Reliance Retail

Rediff.com30 Sep 2020

US private equity firm Silver Lake Partners will invest an additional Rs 1,875 crore in the retail arm of Reliance Industries, the Indian firm said in a statement on Wednesday.

Trai diktat on allowing SMSes for porting under any plan

Trai diktat on allowing SMSes for porting under any plan

Rediff.com7 Dec 2021

Sector regulator Trai on Tuesday directed telecom operators to "immediately" enable port out SMS facility for all mobile users requiring it, irrespective of value of their tariff offer, vouchers, or plans they have opted for. Trai's stern missive on smooth network portability, assumes significance as Reliance Jio had recently written to the regulator complaining that the new tariff structure of Vodafone Idea (VIL) allegedly restricts entry-level customers to port out their mobile number from its network. Telecom Regulatory Authority of India (TRAI) has taken a strong note of telecom service companies not providing outgoing SMS facility in certain prepaid vouchers.

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Mukesh ups the ante with Jio's free voice and roaming, cheaper data

Mukesh ups the ante with Jio's free voice and roaming, cheaper data

Rediff.com1 Sep 2016

Devoting an hour of his speech at the RIL's 42th annual general meeting, the billionaire industrialist said Jio was targeting 100 million users in a shortest possible time

How Mukesh Ambani re-invented Reliance again

How Mukesh Ambani re-invented Reliance again

Rediff.com1 Jun 2020

Dhirubhai may or may not have owned the government; it would seem his son wants to own the market, notes T N Ninan.

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

RIL to invest additional Rs 20,000 cr in Bengal in 3 years: Mukesh Ambani

Rediff.com21 Nov 2023

Reliance Industries chairman and MD Mukesh Ambani on Tuesday announced an additional Rs 20,000-crore investment for West Bengal over the next three years. Ambani said the fresh investment will be in the areas of digital life solutions, retail and bio-energy.

Medlife, PharmEasy eye $200 million merger deal

Medlife, PharmEasy eye $200 million merger deal

Rediff.com21 Jul 2020

There are several discussions going around in the e-health sector for consolidation with key players being PharmEasy, 1mg, Medlife and Netmeds. According to reports, Reliance Jio is in talks with Netmeds to acquire the latter.

Mukesh Ambani remains India's richest for 11th year running

Mukesh Ambani remains India's richest for 11th year running

Rediff.com4 Oct 2018

Ambani is also the year's biggest gainer, adding USD 9.3 billion to his wealth amid the continuing success of his Reliance Jio broadband telco service.

Amazon, Jio, Facebook, Star, Sony in IPL fray

Amazon, Jio, Facebook, Star, Sony in IPL fray

Rediff.com19 Oct 2016

'The IPL is by the biggest sports property in the country and having it will give any digital video player an edge.'

Indian iPhone users may get to use 5G services from next week

Indian iPhone users may get to use 5G services from next week

Rediff.com3 Nov 2022

The users of 5G-enabled Apple iPhones will be able to try 5G telecom services - wherever available publicly in the country - from next week, both on standalone (Reliance Jio) and non-standalone networks (Bharti Airtel). Airtel and Jio customers who download the iOS 16 Beta software update as part of its 'Apple Beta Software Program' can try the service and send their feedback to the company. The final updated software will become available sometime in December.

Vodafone Idea to close m-pesa biz, writes off Rs 210 cr

Vodafone Idea to close m-pesa biz, writes off Rs 210 cr

Rediff.com29 Jul 2019

Vodafone m-pesa was one of the 11 firms that was given payments bank licence by the Reserve Bank of India in 2015.

Benchmark indices end mixed; RIL saves the day

Benchmark indices end mixed; RIL saves the day

Rediff.com17 Jan 2020

In percentage terms, IndusInd Bank, SBI, HDFC, ICICI Bank and L&T were among the top losers. On the contrary, Bharti Airtel, Reliance, Sun Pharma, HCL Tech and Maruti Suzuki emerged as major gainers.

MF licence aspirant list swells with new wave of AMCs ready to roll

MF licence aspirant list swells with new wave of AMCs ready to roll

Rediff.com24 Oct 2024

India's thriving mutual fund (MF) industry is drawing interest from several firms, with multiple applications submitted to the Securities and Exchange Board of India (Sebi) for asset management company (AMC) licences.

How Reliance managed to stay afloat amid Covid blues

How Reliance managed to stay afloat amid Covid blues

Rediff.com12 Jul 2021

More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.

How Reliance Retail plans to take on ecommerce biggies

How Reliance Retail plans to take on ecommerce biggies

Rediff.com23 Feb 2019

Reliance has announced that it will roll out its e-commerce platform to as many as 1.2 million retailers and store owners in Gujarat. This is part of a nationwide roll-out that will come later this yea, reports Viveat Susan Pinto.

RIL Q3 net rises 25% to Rs 9,423 cr; Jio posts profit

RIL Q3 net rises 25% to Rs 9,423 cr; Jio posts profit

Rediff.com19 Jan 2018

The firm earned $11.6 on turning every barrel of crude oil into fuel in the quarter.

Tatas super app Neu to host non-group brands as well: Chandrasekaran

Tatas super app Neu to host non-group brands as well: Chandrasekaran

Rediff.com14 Apr 2022

Tata Group chairman Natarajan Chandrasekaran on Thursday said the group's recently launched super app Neu is on an open architecture and it will host non-group brands as well. The Tatas finally launched its super app Tata Neu on April 7, after piloting it for months, but the group chairman claimed there was no delay in the commercial launch. Stating that the app has received an overwhelming response in the past seven days of going live, Chandrasekaran said the app is on an open architecture and will host products and services from non-Tata group companies.

Corporate India on overdrive to celebrate Ram Mandir inauguration

Corporate India on overdrive to celebrate Ram Mandir inauguration

Rediff.com19 Jan 2024

As Ayodhya readies itself for the glittering, much-awaited consecration ceremony of the Ram Mandir on January 22, and as millions of pilgrims and devotees pour into the holy city for the momentous event, companies are rushing to do their bit and be a part of the mega celebrations. Some are offering a part of their profits as donations, telcos are beefing up the number of cellular towers to ensure better connectivity, and there are those distributing jalebis and food platters.

Reliance 1st online AGM to feature brand-new virtual platform, Chatbot

Reliance 1st online AGM to feature brand-new virtual platform, Chatbot

Rediff.com13 Jul 2020

All directors, key officials, and shareholder speakers will be visible and audible and thousands of shareholders, including those from the US, UK, Canada UAE, Japan, HongKong, Singapore, Malaysia, and Australia, will be able to post their questions and eVote on resolutions.

Will India succeed to ring in 5G in 2022?

Will India succeed to ring in 5G in 2022?

Rediff.com23 Dec 2021

A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.

Bidding for spectrum auction to start from March 1

Bidding for spectrum auction to start from March 1

Rediff.com6 Jan 2021

Bidding for the sixth round of spectrum auction for radiowaves worth Rs 3.92 lakh crore will start from March 1, according to a notice issued by the Department of Telecom on Wednesday. The long-awaited spectrum auction is being held after a gap of four years and over two years after the Telecom Regulatory Authority of India (Trai) calculated and recommended base price for the radiowaves. The DoT has fixed January 12 for the pre-bid conference and January 28 as the last date for seeking clarification to the notice.

Mobile user base suffers biggest fall since April 2018

Mobile user base suffers biggest fall since April 2018

Rediff.com22 May 2019

Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers

Should you buy RIL stock? Most analysts say yes!

Should you buy RIL stock? Most analysts say yes!

Rediff.com18 Mar 2021

Despite a massive underperformance at the bourses since the last six months, analysts are turning optimistic on Reliance Industries (RIL). Those at Jefferies, for instance, say that the company is a proxy play for India's consumption growth story. The key catalysts for the stock, according to a Jeffries note, include faster-than-expected market share gain in retail, oil-to-chemicals (O2C) stake sale, recovery in gross refining margins (GRM), potential public listing of Jio and even a possible banking licence going ahead. That apart, analysts feel any tariff hike in Reliance Jio (RJio) - its telecom venture - will also aid performance. With balance sheet adequately de-levered, proceeds from a strategic stake sale in the O2C business will create a sizeable war chest for the company, analysts say.