Page 31 - Reliance Jio

Rs 20K-crore Adani FPO to be fourth biggest fundraise by India Inc

RIL's rights issue in 2020 for Rs 53,124 cr remains the single-biggest equity issuance by an Indian firm

Telecom firms fear surge of 'pseudo-TSPs' due to private 5G network

This, they feel, could happen under direct allocation of spectrum by the govt

Gujarat becomes first state to get Jio True 5G across all districts

Reliance Jio said Gujarat has become the first state to get 'True 5G' in each of the 33 district headquarters

JioCinema preps for its Disney-Hotstar moment with football World Cup

Tournament likely to give app visibility in run-up to IPL next year; monthly active users seen touching 105 mn

Reliance Jio announces availability of True 5G services in Pune: Report

Jio on Wednesday announced that Jio True 5G will now be available in Pune, offering unlimited 5G data at speeds of up to 1Gbps

Mobile user base dips first time in 7 months, shrinks by 3.6 mn in Sept

Rural India saw subscriptions fall by 3.7 million. Urban barely offset that with a rise of 540,000

Paytm stock crashes 11% to end at all-time low of Rs 477 a share

Macquarie report says the fintech firm could face headwinds with the entry of Jio Financial Services, which may focus on consumer and merchant lending, the mainstay of Paytm's business

Paytm has lost over Rs 1 trillion in market cap since its issue

Paytm's m-cap, which was over Rs 1.38 trillion at the time of the launch of the IPO, has declined 77 per cent in just over a year to Rs 30,971 crore

Voda Idea loses subscribers as Jio, Airtel strengthen user tally: TRAI data

India's total mobile subscriber base fell by 3.6 million in September, with Vodafone Idea suffering subscriber count decline even as larger rivals Reliance Jio and Bharti Airtel added users month-on-month, according to telecom regulator's data. India's largest mobile operator Jio further cemented its position in the market, adding 7.2 lakh wireless subscriber during September, while Bharti Airtel increased its mobile users' tally by 4.12 lakh. Notably, while Jio led peers in September subscriber additions, its net adds this time were lower than 32.81 lakh subscribers the telco had gained in August. Ailing Vodafone Idea faced subscriber count decline (by 40 lakh), its base shrank to 24.91 crore during September. "Total wireless subscribers decreased from 1,149.11 million at the end of August-22, to 1,145.45 million at the end of September-22, thereby registering a monthly decline rate of 0.32 per cent," Telecom Regulatory Authority of India (TRAI) said releasing subscription data fo

Jio Financial Services could become fifth largest fin service entity: Study

Reliance firm can disrupt payments business and become a threat to other fintech models, say analysts

Jio gets NCLT green light to acquire debt-laden Reliance Infratel

Infratel has fibre assets of 178,000 route kilometres and 43,540 mobile towers spread across the country

Jio gets NCLT's approval to acquire debt-laden Reliance Infratel

The National Company Law Tribunal (NCLT) on Monday gave its approval to Jio for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets. On November 6, Jio had proposed to deposit Rs 3,720 crore in an escrow account to complete the acquisition of Reliance Infratel which is undergoing an insolvency resolution process. Billionaire Mukesh Dhirubhai Ambani-led Jio placed a bid of Rs 3,720 crore in November 2019 to acquire tower and fibre asset of debt-ridden subsidiary of his younger brother Anil Ambani-managed firm Reliance Communications. The Committee of Creditors has already approved the resolution plan by Jio on March 4, 2020 with a 100 per cent vote. According to an application moved by Reliance Projects and Property Management Services, a subsidiary of Jio, due to the pendency of the proceedings over the distribution of the amount an

Fifa World Cup 2022: Jio Cinema app leaves football fans fuming in India

Be it the opening ceremony or the Qatar vs Ecuador match, Indian users complained that the online video streaming of the Fifa World Cup 2022 kept buffering on the Jio Cinema app

Reliance Jio announces rollout of 'True 5G' service in Delhi, NCR cities

Company's welcome offer will give users unlimited data at up to 1Gbps speeds

Reliance Jio rolls out 'True 5G' network service in Delhi-NCR

Jio has developed its 5G network on the standalone technology which has zero dependency to its existing 4G network

Qualcomm doubles down on 5G access with Jio to connect 100 mn Indian homes

Qualcomm is working very closely with Reliance Jio to provide its chipset platforms for the 5G fixed wireless access and the Open RAN 5G network.

Reliance Jio tops 4G network speed chart in October, shows Trai data

Telecom major Jio topped the 4G network speed chart in terms of both average download and upload, according to data published by sector regulator Trai. The Telecom Regulatory Authority of India (Trai) has dropped BSNL from the 4G speed chart in October as it is yet to roll out 4G services. In October, the telecom major maintained its leadership in download segment by recording an average speed of 20.3 megabits per second (mbps). It was followed by Airtel, which recorded a download speed of 15 mbps and Vodafone Idea (Vi) with 14.5 mbps speed. Jio's 4G upload speed declined marginally to 6.2 mbps in October from 6.4 mbps in September. However, it continued to maintain its lead in the segment. In September, Jio had pipped Vi to top the upload speed segment. Jio was followed by Vi which recorded an average upload speed of 4.5 mbps in October and Airtel with an average upload of 2.7 mbps The average speed is computed by Trai based on the data it collects across India with the help of

2022 e-commerce festival sales almost 2x of 2019: Redseer report

This is about 25 per cent year-over-year growth as compared to festive sale month of CY2021

Jio announces new international roaming plans ahead of Fifa world cup 2022

The plans launched by Jio for Fifa world cup 2022 will be functional in Qatar, UAE, and Saudi Arabia

Pvt banks, IT drag Sensex 230pts down, Nifty below 18,350; Paytm tanks 10%

CLOSING BELL: Among the Sensex 30 shares, Titan, M&M, Maruti, HDFC and Bajaj Finserv were the major per centage losers.