Page 4 - Jio Network

Jio Fin's arm invests Rs 2.5 cr in Reliance International Leasing IFSC Ltd

Jio Financial Services on Thursday said its subsidiary Jio Leasing Services and its nominees have made an initial investment of Rs 2.50 crore in newly-incorporated Reliance International Leasing IFSC Ltd (RILIL). Incorporated on February 1, RILIL is a 50:50 joint venture between Jio Leasing and Reliance Strategic Business Ventures Ltd, an arm of Reliance Industries. "Jio Leasing Services Ltd (JLSL)... along with its nominees invested an amount of Rs 2.50 crore towards the initial subscription of 25 lakh equity shares of Rs 10 each of RILIL, for cash at par," Jio Financial Services said in a BSE filing. JLSL is a subsidiary of Jio Financial. RILIL will be engaged in the business of operating lease of ships, vessels and voyage charters in International Financial Services Centre (IFSC) located at International Finance Tec-City (GIFT City), Special Economic Zone (SEZ), Gujarat. Shares of Jio Financial Services were trading Rs 355.70, up 1.50 per cent from previous close on the BSE.

Tech, cricket big wins for billionaire Ambani in Disney-Reliance tie-up

Reliance's JioCinema is largely free and doesn't disclose user numbers, having started a premium paid offering just last year

TMS Ep632: Jio OTT and TV, flight delays, markets, Right to Disconnect

Can Reliance do a Jio in media? Why are your flights getting delayed or cancelled? Is the market recovery sustainable? What is Australia's Right to Disconnect Bill? All answers here

Jio adds 3.16 mn subscribers in October; Vi loses 2.04 mn: Trai data

India's largest telecom operator Reliance Jio added 31.59 lakh mobile users while rival Bharti Airtel's subscriber gain came in at 3.52 lakh in October 2023, as per monthly subscriber data by TRAI. There was no relief for the troubled telco Vodafone Idea on subscriber front, as it lost 20.44 lakh wireless subscribers in October. With the addition of 31.59 lakh users, Jio's total wireless subscriber count climbed to 45.23 crore in October from 44.92 crore in September. Sunil Mittal-led Airtel's wireless subscriber gain of 3.52 lakh pushed up the telco's user tally to 37.81 crore in October. The subscriber losses of Vodafone Idea Ltd (VIL) dragged its wireless user base to 22.54 crore in October, the data by Telecom Regulatory Authority of India (TRAI) showed. Cash-strapped VIL has been battling fundraising woes and subscriber losses.

Jio provides voice, data services at Silkyara tunnel within 12 hrs

Reliance Jio, the nation's biggest mobile telephony operator, has set up mobile infrastructure near the collapsed tunnel in the himalayas within 12 hours to provide voice and data services to aid the rescue of 41 construction workers. The remote part of Uttarakhand had weak signals and authorities, working day and night to rescue the workers trapped in the under-construction tunnel since its collapse more than two weeks ago, had asked the telecom operator to boost the network. Posting pictures of the mobile tower, Reliance in a post on X said it surmounted challenges of no power and poles besides poor road connectivity to provide voice and data services. "Our Jio Team is working shoulder-to-shoulder with those tasked with the rescue operations. Honoured to report that Jio's data and voice services have been provided at this challenging vertical location within 12 hours," it said. Stating that no vehicle can go to the hilltop location, the company said there are no poles and power a

800 OTT release: Muralitharan's biopic set to release on Jio Cinema

Sri Lankan cricketer's biopic is ready to release on the digital platform after theatrical release and garnering positive response from fans. The 800 will be released on Jio Cinema on December 2, 2023

Trai asks telecom companies to quickly deploy consent driven anti-spam tech

Telcos say businesses dragging feet on new Digital Consent Authorization

Jio Satcom, OneWeb get internet services licence from telecom dept

The Department of Telecom has granted internet service provider licence to Jio Satellite Communications and Bharti Group-backed OneWeb, official sources said on Friday. Both companies were given permits to provide satellite communication services about a year ago. "The companies were issued an ISP (Internet Service Provider) licence recently. They can provide internet services connecting satellite service with terrestrial networks or through VSAT to end customers," an official said. Jio Satellite Communications and OneWeb will need access to spectrum to provide services directly on the consumer terminal on which the decision is still pending. Satellite companies have been demanding allocation of spectrum without auction, while Jio and Vodafone Idea have been pushing for spectrum allocation only through auction. While OneWeb has its own constellation of GEO (geostationary) and LEO (low earth orbit) satellites, Jio has partnered Luxembourg SES Satellites, which has a combination of

Reliance Jio announces JioSpaceFiber to provide satellite-based broadband

First giga fiber service brought in partnership with satellite operator SES

Jio, Plume partner to provide smart home, small biz services to subscribers

Telecom operator Reliance Jio Infocomm on Wednesday announced a partnership with Plume to provide smart home and small business services to its subscribers in the country. The alliance will deliver services, through Plume's scalable cloud platform, to about 200 million premises in India, according to a release. "With this new partnership, Jio will deploy 'HomePass' and 'WorkPass' consumer services enabled by Plume's AI-powered and cloud-based platform, including whole-home adaptive WiFi, connected device and application performance optimisation, cyberthreat protection for connected devices, advanced parental controls, WiFi motion sensing and more," according to the release. Jio, the release said, is harnessing Plume's cloud platform "to bring best-in-class in-home experiences to consumers in India". Access to Plume's 'Haystack' Support and Operations Suite will enable Jio's customer support and operations teams to identify, analyse, and act faster on performance-related issues, fin

JioCinema to release 'world's first angel investment show', Indian Angels

OTT platform JioCinema is set to release another investment show named 'Indian Angels'. The show will increase competition into a space currently dominated nationwide by hit show Shark Tank India

Jio Financial set to launch suite of loan products to expand footprint

JFS plans to launch auto, home loans and other products, as the billionaire Mukesh Ambani-backed company seeks to establish itself as a full-service financial services firm in a rapidly growing market

Jio AirFiber: Reliance Jio to launch 5G-powered fixed wireless access today

Jio AirFiber will provide internet speeds exceeding 1Gbps, matching the internet speeds offered by fibre broadband services, including the company's own Jio Fiber, without the need for optical wires

Jio Platform's to create AI compute infra in collaboration with Nvidia

This partnership is expected to further build on Reliance Industries' digital services business, which is housed under Jio Platforms

Jio Satellite seeks flexible use of spectrum for satellite, mobile services

Jio Satellite Communications has written to telecom regulator Trai to allow flexible use of spectrum for satellite and mobile phone services networks. The company in a letter dated September 5 to Telecom Regulatory Authority of India Chairman PD Vaghela said technology is evolving that will enable convergence of satellite and terrestrial networks and therefore the regulator should consider flexible use of radio frequency for terrestrial and satellite services. In the letter, Jio Satellite cited the decision of the New Zealand government to allow flexible use of high frequencies in the 24-30 Ghz band. "This suggestion for flexible use of spectrum is based upon the latest changes in technology and standards which have allowed the creation of integrated and converged networks. We reiterate the 3GPP specifications in its Release-17 have already enabled the convergence of satellite and terrestrial network," Jio Satellite said. Jio has already submitted its comments in response to Trai's

Reliance Jio turns seven: Here is a look at the latest tariff vouchers

The telecom operator launched a number of extra data and special vouchers for their customers

RIL AGM LIVE: Mukesh Ambani to remain CMD for 5 years, mentor new leaders

RIL AGM: From Mukesh Ambani's address to major announcements, check all the live updates and news related to Reliance's 46th annual general meeting here

Jio's Rs 149 pack with 20 days validity; everything you need to know

Jio is offering its customers a Rs 149 plan which can be a value for money deal for users if that they are searching for something affordable and of short-term validity

Reliance launches the cheapest phone Jio Bharat V2 4G on trial at Rs 999

Reliance launched Jio Bharat V2 4G smartphone in collaboration with Karbonn to produce India's cheapest smartphone at Rs 999. The device has pre-installed apps like Jio Cinema, Jio Pay, Jio Savan, etc

Jio launches Jio Bharat 4G phone at Rs 999 to make India '2G-mukt'

Also announces a monthly plan of Rs 123, against rivals' cheapest plan of Rs 199