Jio Down: Thousands of users are complaining about the network issue on social media. The users are also not able to connect to the internet
Insurer plans to build out its partnership with Shriram Capital Group in India by adding an equal joint venture covering wealth and advice services, doubling down on an initial 2005 investment
To ensure that AI is available to everyone, Reliance is building a delivery model where AI services and processing will be hosted on the Cloud over low latency broadband networks
The Rs 23,000 crore (revenues FY24) venture, announced in February, was cleared by the Competition Commission of India this week
Mukesh Ambani announced that Reliance is establishing a "national AI infrastructure" aligned with Jio's vision of "AI Everywhere For Everyone
After the bonus shares announcement, Reliance Industries share price surged up to 2.63 at Rs 3,074.80 a piece intraday on Thursday
Reliance stated that it is developing a suite of AI-powered services collectively called JioAI. Among the first services to roll out will be JioPhone Call AI
Bharti Airtel's energy costs per tower reduced at a faster pace in FY24 bringing it closer to Jio's
Sunil Mittal's OneWeb had earlier insisted that spectrum allocation for satellite operators be done administratively as outlined in the Act - setting up a direct confrontation with Jio
In February this year, RIL and Disney agreed to merge Star and Viacom18, forming an $8.5 billion media giant with over 100 channels and two streaming platforms
On February 28, RIL and Disney finalised a deal to merge Star India and Viacom18, resulting in a new entity valued at Rs 70,352 crore, which includes a Rs 11,500 crore capital infusion from RIL
ARPU stays put at Rs 181.7 for the fourth-straight quarter
The current minority investors in Jio may prefer the spin off route and RIL could also consider buyout of current institutional stakeholders in Jio after the spin off if it wanted to shore up stake
Congress leader Randeep Singh Surjewala questioned the Centre's intent, asking how the companies were unilaterally allowed to increase the rates without any oversight and regulation
According to Downdetector, the outage has affected over 54 per cent of users who are experiencing issues with mobile internet
Key features of the application include instant digital account opening and streamlined bank management with the "Jio Payments Bank Account" feature
Operators said such a moratorium is needed on spectrum bought in auctions from next year due to significant capital expenditure incurred in deploying 5G services
Under the proposed deal, the JFS unit called Jio Leasing Services will buy telecom equipment and devices that usually include routers and cell phones
Currently, 5G service users encounter various challenges including poor call quality, call drops, inability to connect to 5G despite activating phone settings, and negligible disparity in speeds
The company's growth has largely come at the expense of Vodafone Idea (Vi), which has been experiencing significant customer attrition for the past 23 months