Reliance Jio Infocomm

Reliance Industries hits 16-month high, rallies 8% in 1 month; here's why

Thus far in the calendar year 2025, RIL stock has rallied 27 per cent, as against a 8.4 per cent gain on the BSE Sensex.

Jio offers unlimited free data as it marks 9th year and 500 mn users

Reliance Jio has rolled out free unlimited data for all users with graded duration based on their existing plans, the company said on Wednesday. The company is offering one month of unlimited data for users subscribed to a plan priced Rs 349 onwards, starting September 5 to October 5, along with entertainment and other apps subscription bundled with the offer. At present, Jio offers unlimited 5G data only to 5G smartphone users for plans priced at Rs 349 onwards. "On Jio's 9th anniversary, I feel truly humbled that more than 500 million Indians have placed their trust in us. Reaching this scale within a single nation is a reflection of how deeply Jio has become a part of everyday life. I want to personally thank every single Jio user for making this milestone possible," Reliance Jio Infocomm Chairman Akash Ambani said in the statement. The company is offering unlimited free data on weekends starting September 5 to 7 to all 5G smartphones irrespective of their plan cost. 4G smartph

RIL shares soar 6% after Q4 results; check earnings, analyst reviews here

The oil-to-telecom conglomerate posted a consolidated net profit of ₹19,407 crore for the quarter ended March, up nearly 2.4 per cent Y-o-Y

RIL shares in red ahead of Q4 results today; here are key expectations

Reliance Industries shares were trading at ₹1,300.10, down 0.12 per cent from the previous session's closing price of ₹1,301.60

Vodafone Idea stocks extend rally on AGR waiver buzz; gain 30% in 1 week

The government is considering a proposal to waive 50% of interest and 100% of penalties and interest on penalties that make up a bulk of the AGR dues levied on telcos

Bharti Airtel becomes 4th listed company to cross Rs 10 trillion market cap

The combined market cap of Bharti Airtel (Rs 9.52 trillion) and Bharti Airtel's partly paid shares (Rs 49,526 crore) touched Rs 10.02 trillion in intra-day trade on Thursday.

Jio Financial, BlackRock Advisors enter JV for investment advisory services

Jio Financial Services on Sunday said it has formed a joint venture with BlackRock Advisors Singapore Pte Ltd to undertake investment advisory business. Jio BlackRock Investment Advisers Private Limited was incorporated on September 6 to carry on the primary business of investment advisory services, subject to regulatory approvals, Jio Financial Services said in a filing. The company will invest Rs 3 crore towards an initial subscription of 30,00,000 equity shares of face value Rs 10 each, it said. The Certificate of Incorporation was received from the Ministry of Corporate Affairs on September 7, 2024, it added. Jio Financial Services Ltd, the demerged financial services arm of billionaire Mukesh Ambani's Reliance, had earlier announced a joint venture for asset management and wealth management with BlackRock. Last month, Jio Finance Ltd, an NBFC arm of Jio Financial Services, said it is in the advanced stages of launching home loans, which have been rolled out in beta mode. Bes

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, IIT-B collaborate on 'Bharat GPT', Akash Ambani announces TV OS launch

Reliance Jio Infocomm chairman Akash Ambani on Wednesday said the country's largest telco is working with Indian Institute of Technology-Bombay to launch a 'Bharat GPT' programme. The company, a unit of Reliance Industries, is also "comprehensively thinking" to launch an operating system for televisions, he said, adding that it has been working on it for a while now. Speaking at the institute's annual Techfest here, the 32-year-old Ambani family scion said building an "ecosystem of development" is very important for the company, and added that work on the vision of "Jio 2.0" is already on. "We have been working on a project with IIT Bombay to launch a Bharat GPT programme," he said, while speaking about the partnership between Jio and the premier tech school, which goes back to 2014. At present, we have just scratched the surface with large language models and generative AI and the next decade will be defined by these applications, he said. Ambani said artificial intelligence will

Telcos likely to show little interest in upcoming spectrum auction

The telcos already have ample spectrum with them. With little scope for 5G monetisation, telecom companies do not see the need to spend towards acquiring more spectrum

Lack of real-life use cases preventing major telcos from charging for 5G

Telcos are looking for services that fully leverage 5G tech. In the absence of such services, the telcos have no option but to offer 5G services at 4G rates

We have become a non-terrestrial player, ahead of competition: Jio

Says JioSpaceFiber will leverage fewer satellites to provide gigabit speed broadband service

Reliance Jio Infocomm Q2 results: Net profit rises 12% to Rs 5,058 crore

Reliance Jio Infocomm posts smallest profit rise in seven quarters

JioSpaceFiber: Jio previews satellite-based internet connectivity at IMC 23

Jio said the service has already been available in four remotest locations in India - Gir Gujarat, Korba Chattisgarh, Nabrangpur Odissa, and ONGC-Jorhat Assam

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-Airtel battle for home Wi-Fi connections as they aim for higher Arpu

The mobile Arpu for Airtel stood at Rs 200 at the end of the first quarter of FY24. On the other hand, Airtels's Arpu for home services stood at Rs 608

War in West Asia could raise cost of setting up 5G infrastructure in India

If the conflict lasts longer and turns more violent, the Indian rupee will likely dip around 3-4 per cent against the US dollar

Reliance Jio raises Rs 16,640 crore via offshore loans from HSBC, others

Earlier in September, Jio had also raised close to $2 billion from BNP Paribas

Airtel logs 50 mn unique customers on 5G network; covers all states, UTs

Airtel had earlier targeted rolling out 5G services in all key towns and rural areas by September. Jio aims to reach every district and town with 5G by the end of 2023

Starlink to get licence to offer satellite internet by next month

After getting the license, Starlink will become eligible for spectrum allocation, after which it can start providing satellite broadband services