Indian Railways is in talks with Reliance Jio Infocomm to allow the Mukesh Ambani-led telecom major's use of its towers. The aim is seamless mobile and internet connectivity for passengers along the 67,368-km of tracks. The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio. The Jio tie-up is expected to bring down its telecom bill by at least 35 per cent from this financial year.
The plan, available at a monthly price of $15.99, gives unlimited calling facility to more than 25 other countries worldwide.
CDMA mobile operator Reliance Communication on Wednesday reduced international calling rates upto 66 per cent for consumers using global calling cards of different denominations.
The ministry of petroleum and natural gas has granted seven authorisations to companies for selling automobile (auto) fuels in the country. These new approvals are under the relaxed guidelines for authorisation to market transportation fuels that were revised in 2019. This is expected to make the competition more intense in India's petroleum retail business. According to a top oil ministry official, a fresh marketing authorisation has been granted to Reliance Industries (RIL) under these norms. This is being done since RIL's existing retail marketing authorisation has been transferred to its subsidiary Reliance BP Mobility
Users can use the 'Search' option for searching videos across various categories and download it to their GSM mobile phones, while the 'Upload' option makes uploading videos from mobile phones easier.
Mobile call rates are declining in face of fierce competition. In this price war, PCOs are likely to be the first casualty.
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.
Reliance reported record pre-tax profit from its retail and telecom businesses. The two now account for nearly 32 per cent of EBITDA, up from close to 25 per cent previously.
Reliance Infocomm on Monday launched its 'Full Money Back Offer' under which a subscriber will get the handset free of cost with a new connection.
Walt Disney finds another platform for its cartoons -- your mobile.
The deal follows Facebook picking up a 9.99 per cent stake in the firm that houses India's youngest but largest telecom firm on April 22 for Rs 43,574 crore. Within days of that deal, Silver Lake -- the world's largest tech investor -- bought a 1.15 per cent stake in Jio Platforms for Rs 5,665.75 crore. On May 8, US-based Vista Equity Partners bought 2.32 per cent stake in Jio Platforms for Rs 11,367 crore.
Based on radio frequency identification technology, the phone will work like a credit or debit card.
Calls to Reliance fixed phones and all other mobile phones will cost 40 paise as per the new scheme.
Loop Mobile has debt of Rs 400 crore (Rs 4 billion), which is likely to be included in final deal size.
The setting up of STEAG is part of the Army's efforts to develop technologies considering the future battlefield, they said.
"We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest Rs 33,737 crores for a 7.7 per cent stake in Jio Platforms," Mukesh Ambani said at the company's annual general meeting.
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
Reliance Big Entertainment (RBE), the flagship media and entertainment arm of the Reliance Anil Dhirubhai Ambani Group, has announced a joint venture with Tom Hanks and Gary Goetzman's Playtone.
Reliance Indiamobile has launched Telson TWC 1150, a wristwatch designer phone with plug-in camera from Telson Electronics, for the first time in India
Gross refining margins may decline sequentially but improving petro-chem margins will boost earnings
Reliance Infocomm said on Tuesday that it will expand its CDMA mobile services to 3600 more towns within four months and expects its subscriber base to touch one crore (10 million) by early next year.
The company has also entered into alliances with laptop manufacturers to bundle Reliance NetConnect Data Cards, its President (Personal Business) S P Shukla told a press conference in Bangalore.
NXP (Next eXPerience) Semiconductors, the new semiconductor company founded by Philips, is partnering with mobile communication service provider Reliance Communications to bring out low cost handsets in India
Reliance Infocomm said on Tuesday that it will expand its CDMA mobile services to 3,600 more towns within four months and expects its subscriber base to touch 10 million by early next year.
Reliance Jio had proposed that besides satellite connectivity, In-Flight Connectivity can be provided using cellular network as well.
The plan, first initiative by the company to roll out its 3G services, will allow customers access to social networking sites, instant messaging applications, chat services and email accounts like yahoo, gmail and hotmail.
Telecom major Bharti Airtel led the growth in segment with net addition of 1.31 million subscribers.
Bangalore-based Healthcare Magic, a first-of-its-kind, real-time, medical consultation portal, will soon tie up with Reliance Communications, the country's second-largest mobile service provider, to launch a Doc On Call service by December this year. Any call made to Healthcare Magic will be attended by a doctor on duty at the the company's Bangalore office.
Reliance Infocomm Ltd, which is building a $5 nationwide fibre-optic network, will on Friday launch its limited radius mobility service which analysts say will intensify a tariff war and expand the market.
The unit of Reliance Communications may raise debt, equity
Trai on Monday recommended imposing penalty on India's largest private sector basic telephony service provider, Reliance Infocomm, for offering mobility services almost similar to cellular phones, to its wireless phone subscribers.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
