Page 67 - Reliance Jio

Jio sets off new telecom war with Voda Idea, Airtel over premium plans

TDSAT to hear Vodafone appeal, Jio's application on Thursday

Jio adds 4.7 million users, Vodafone Idea loses 6.4 million, says Trai

The number of telephone subscribers in India decreased from 1,180.84 million at the end of February to 1,177.97 million at the end of March, thereby showing a monthly decline rate of 0.24 per cent.

Google in advanced talks to invest $4 bn in Reliance digital arm: Report

Investors, including Facebook and KKR & Co, have already poured in a combined $15.64 billion for just over 25% in Jio Platforms

PE/VC investments decline 10% y-o-y in first half of 2020: Report

Deals worth $9.6 billion in Jio Platforms accounted for 52 per cent of all PE/VC investments in this period

100,000 shareholders can log onto RIL's first e-AGM on Wednesday

Chairman and Managing Director Mukesh Ambani will address shareholders using the in-house JioMeet platform.

RIL hits new high on closing deals with 4 investors; m-cap above Rs 12 trn

Altogether, Reliance Industries has sold 25.24 per cent stake in Jio Platforms Ltd and raised over Rs 1.18 trillion in the process

Qualcomm Ventures picks 0.15% stake in Jio Platforms for Rs 730 crore

Qualcomm Ventures is a global fund of Qualcomm that invests in pioneering companies across the wireless ecosystem in areas like 5G, AI, IoT, automotive, networking and enterprise

Qualcomm Ventures invests Rs 730 crore in Jio Platforms for 0.15% stake

Qualcomm Ventures is an investment arm of Qualcomm Incorporated

RIL closes four Jio stake sale deals, receives Rs 30,062 cr from investors

Reliance had sold a total of 25.09 per cent stake in the subsidiary which houses India's youngest but largest telecom firm, Jio, to 11 investors for Rs 1,17,588.45 crore

TRAI notifies changes to interconnection rules for fixed-line networks

The term 'interconnection' refers to commercial and technical arrangements under which telecom service providers connect their equipment, networks, and services to enable access to other networks

Vodafone Idea defaults on rental, energy payments for June to tower firms

According to a senior executive of a telecom tower firm, Vodafone Idea cited payment of adjusted gross revenue (AGR) to the government and the resultant cash flow problems for the default.

As Asian deals disappear, India becomes unlikely hotspot for M&A

Thanks to investments in Jio, India accounts for more than 12 per cent of announced deals in the Asia Pacific region so far this year, the highest ratio since at least 1998.

Planning significant investment, more hiring in India in next 5 years: Zoom

Popular video conferencing app Zoom is planning to make a significant investment in India over the next five years and ramp up hiring

Reliance Jio, Airtel preparing to cash in on online gaming boom in India

Online gaming, that was a $1.9 billion industry in India in 2019, can well be on track to grow at a 35 per cent compounded rate (CAGR) to hit $8.4 billion by 2024

Jio Platforms gets Rs 43,574 crore from Facebook for 9.99% stake sale

The deal between Jio Platforms and Facebook was announced on April 22

RBI steps up intervention in forwards, rupee weakens on heavy dollar demand

The central bank is parking these accumulated dollars in the forwards markets, which is improving liquidity for now at the cost of demand of dollar for a future date

Reliance Industries' m-cap breaches Rs 12 trillion-mark, stock gains 3%

The stock hit a fresh record high of Rs 1,847.7, advancing 3.4 per cent, on the BSE on Monday

15th FC chairman N K Singh, NITI Aayog CEO Amitabh Kant endorse JioMeet

JioMeet has seen a huge surge in its ranking on Google Play, based on its downloads

Intel Capital picks up 0.39% stake in Jio Platforms for Rs 1894.50 cr

The latest fund raising news comes on the back of RIL's announcement that it has turned net debt free ahead of its March 2021 deadline

Zoom's newest challenger: Budding internet tycoon Mukesh Ambani

Like Google Meet, Microsoft Teams and other services, JioMeet offers unlimited high-definition calls - but unlike Zoom, it doesn't impose a 40-minute time limit.