Page 5 - Reliance Jio

Jio Financial to raise ₹15,825 cr from promoters via warrant issue

The board of Jio Financial Services approves one of the largest capital infusions in Indian financial services, as promoters back expansion into insurance and lending

Tech Wrap July 29: Amazon Echo Show 5, New Copilot Mode, JioPC AI cloud

Alexa-powered Echo Show 5 launched. New Copilot Mode in Microsoft Edge. JioPC cloud computer. Legion Pro OLED curved monitor launched in India. Epson EpiqVision Mini laser projectors launched.

Reliance Jio launches JioPC AI cloud computer: Check plans, benefits, more

JioPC has been launched in India with a pay-as-you-go model. With the ability to turn a TV into a PC, this service starts at Rs 600 per month

Jio Financial, Allianz to launch reinsurance JV in India with 50-50 stake

The 50-50 venture combines Jio's local digital footprint with Allianz's global underwriting and reinsurance capabilities, the companies said in a statement late Friday

Q1 results: User addition helps Jio log 25% profit jump, 15% rise in Arpu

Jio Platforms reports a 24.9% increase in net profit for Q1 FY25-26, reaching Rs 7,110 crore. ARPU and 5G user base grow significantly, underscoring the company's strong performance

Jio Financial Services profit up 4% at ₹325 crore as expenses rise

Jio Credit Limited, the flagship arm of JFS, reported assets under management of ₹11,665 crore, up from ₹217 crore in Q1FY25

Reliance's Jio Platforms launches JioPC: What is it, how it works, and more

JioPC lets users access a desktop interface on their TV with just a keyboard, mouse, and Jio set-top box - no external CPU required, now in trial rollout

Starlink gets key govt nod, prepares for broadband service rollout: Report

Starlink clears final regulatory hurdle as India's space body IN-SPACe gives nod; firm still needs spectrum allocation, infra setup, and trials before launching satellite internet services

Reliance Jio Platforms delays IPO plans, 2025 listing not on the cards

Valued by analysts at over $100 billion, Jio wants to achieve higher revenues and a bigger subscriber base for its telecom business

Jio BlackRock to disrupt India's fund market with low-cost strategy: Report

On average, the cost associated across plans will be lower for Jio BlackRock funds compared with the industry average, one of the sources said, declining to specify a level

SPPL launches JioTele OS-powered Kodak QLED 4K TV at Rs 18,999: Details

SPPL unveiled Kodak's first JioTele OS-powered 4K QLED TV in India with AI content suggestions, 300 plus live channels, Dolby Audio, and regional language support at Rs 18,999

Reliance Jio on path to become dominant FWA player globally: Analysts

Indian telecom major Reliance Jio is on track to become the world's largest Fixed Wireless Access provider by subscriber base, eclipsing US-based telecom giant T-Mobile, an analyst report said on Sunday. According to recent data released by telecom regulator Trai, Reliance Jio total 5G FWA subscriber base (including unlicensed band radio) reached 6.88 million in May, while T-Mobile had 6.85 million subscribers in March. Reliance Jio reclassified around 1 million Fixed Wireless Access (FWA) unlicensed band radio (UBR) subscribers into FTTx category, following which its net FWA subscriber base stood at 5.9 million in May, with a monthly addition of 0.74 million customers. ICICI Securities report by analysts Sanjesh Jain, Mohit Mishra and Aparajita Chakraborty based on Trai data said that industry FWA (excluding UBR) stood at 7.4 million with RJio's FWA subs stood at 5.9 million after UBR reclassification. The report said that net addition was 0.74 million subscribers in May. "RJio's

Airtel lags Jio in May net additions even as overall subscriber base rises

Jio added 2.7 million mobile and FWA users in May to reach 472.4 million, while Airtel gained just 275,000 subscribers, Trai data show

JioBlackRock Broking gets Sebi's approval to launch brokerage business

Jio BlackRock Broking Pvt Ltd, a wholly owned subsidiary of Jio BlackRock Investment Advisers Pvt Ltd, has received regulatory approval from the Securities and Exchange Board of India (Sebi) to commence operations as a brokerage firm. JioBlackRock Broking aims to bring affordable, transparent, and technology-driven execution capabilities for investors, the company said in a statement. The broking entity's parent company, JioBlackRock Investment Advisers, is a 50:50 joint venture between Jio Financial Services Ltd (JFSL) and BlackRock Inc of the US. Along with the recent regulatory approvals received by Jio BlackRock Asset Management Pvt Ltd and Jio BlackRock Investment Advisers to commence operations, the receipt of the broking license enables the Jio BlackRock joint venture to offer holistic investment solutions. "With JioBlackRock Investment Advisers, we will be able to offer personalised advice to retail investors. Now with brokerage, we will also bring an execution platform for

Jio Financial Services invests ₹190 crore in payments bank subsidiary

The company has been allotted 190,000,000 equity shares of ₹10 each of Jio Payments Bank Ltd, a wholly-owned subsidiary, for cash at par, aggregating ₹ 190 crore, JFSL said in a regulatory filing

JioHotstar nears Netflix with 300 mn subscribers after IPL 2025 surge

Driven by massive IPL viewership and CTV penetration, JioHotstar has crossed 300 million subscribers, nearly matching Netflix's global numbers, says JioStar

Watch Panchayat Season 4 for free: Unlock Amazon Prime subscription now

Panchayat Season 4 is now streaming on Amazon Prime Video. While a subscription is required, here's how users can watch it for free on the platform

Duopoly not good, must have competition in every sector: Scindia

Union Telecom Minister Jyotiraditya Scindia on Tuesday said duopoly is not good and there must be competition in every sector. Speaking at an event of Broadband India Forum, the minister said there is intense competition in the country among internet service providers and the government will issue rules for delicensing 6 gigahertz spectrum before August 15 that will be used for wifi services and bridging of digital divide. "Our job is to provide as many avenues as possible and within each vertical as well, provide intense competition. It's not good enough having a duopoly of one carrier or two carriers," Scindia said. Earlier in the event, former telecom regulator Trai Chairman RS Sharma said there is almost a duopoly in the telecom sector with just two active service providers and there is need to provide more route for giving broadband access to consumers at affordable rates. At present, Indian telecom sector is being dominated by Bharti Airtel and Reliance Jio who are actively .

BSNL launches country's first indigenous 5g fixed wireless service

State-owned telecom firm BSNL has forayed into 5G fixed wireless service to provide home broadband service with its launch in Hyderabad, the company said on Friday. At present, Reliance Jio and Bharti Airtel have been providing 5G Fixed Wireless Service (FWA) by using their 5G spectrum. "Quantum 5G FWA demonstrates how Indian engineers can create world-class connectivity. It is the first SIM-less, 100 per cent home grown customised 5G FWA for BSNL. Today is only a soft launch - many more cities and feature upgrades will follow," BSNL Chairman and Managing Director A Robert J Ravi said. The service was launched on June 18. According to the details shared by BSNL, the company will expand the pilot project in Bengaluru, Pondicherry, Vishakhapatnam, Pune, Gwalior and Chandigarh by September 2025. The company is initially charging Rs 999 for a 100 megabit per second (mbps) plan and Rs 1,499 for a 300 mbps plan. Through 5G FWA, telecom operators install a modem outside the subscriber's

Reliance, Airtel group challenges 'low' satcom fee which can help Starlink

India's telecom regulator in May proposed satellite service providers pay 4% of their annual revenue to the government for offering services