Page 78 - Reliance Jio

Voda Idea tanks 39% on AGR blow but Airtel jumps as analysts remain bullish

With this, the telcos will have to together pay an estimated Rs 1.47 trillion in AGR dues that include penalties and interest on penalties by January 23.

Vodafone Idea on the edge after SC's AGR verdict; Jio may gain most

Jio is adding 8-9 million customers every month, so hitting the magic number could take 16-18 months

Reliance Jio-Microsoft cloud tie-up likely to hurt Amazon Web Services

Microsoft Cloud has traditionally lagged Amazon Web Services in the small and mid-sized business segment in the country

Top 10 biz headlines: India Inc gets legal relief, OYO's coffee plan & more

From criminal offences in the Companies Act being slated to be slashed to banks possibly taking a majority stake in DHFL, here are the top business headlines for Monday

Airtel, Jio, Vodafone Idea submit applications for 5G trials: Report

The 5G trials are widely-expected to begin between January and March

Now, Reliance Jio users can make calls using any Wi-Fi network: Know more

Aimed at improving call quality in indoor areas, the service works on any Wi-Fi network and it is free for Reliance Jio customers

Subscribers with two SIM cards: The next battlefield for telecom firms

Half of the 390 million users may look at having one mobile number

Reliance refers to start-up playbook to grow Jio into internet behemoth

Jio recently started JioMart, its much-talked-about e-commerce venture that is built on top of technologies absorbed from start-up acquisitions

Telecom revenues likely to exceed target by Rs 50,000 crore in 2019-20

In its July Budget, the government had targeted more than Rs 50,519 crore in 2019-20 from the telecom sector, an increase of 28% from the previous year

Reliance to venture in e-commerce with Jio Mart, initial roll-out in Mumbai

A dedicated mobile application for Jio Mart is expected to be launched in the coming weeks, which will also be integrated with My Jio and Jio Money applications,

Reliance announces Jiomart to take on the online grocery shopping business

Listen to the podcast to know how Reliance is all set to take on Amazon and Flipkart with its online food and grocery selling venture, JioMart

Jio adds 9.1 mn users in October; subdued numbers for Airtel, Voda Idea

The number of telephone subscribers in India increased from 1,195.24 million in September to 1,204.85 million in October, showing a monthly growth rate of 0.80 per cent

Mittal, Ambani set for knockout in 2020 heavyweight telco champion's title

It's been a bruising battle but Mittal has managed to remain standing without conceding much market share to his rival and keeping his debt under control

I-T dept to move SC against Reliance Jio's plan to sell stake in tower arm

Mumbai, 24 DecemberReliance Jio Infocomm's plan to reduce debt by selling stake in its telecom tower arm to Canadian investor fund Brookfield isn't free of the income tax (I-T) department hurdle. The latter plans to petition the Supreme Court against the National Company Law Appellate Tribunal (NCLAT) order of December 20 which cleared Jio's proposed demerger of tower and fibre optic network assets to two infrastructure trusts. The clearance was in spite of I-T objections. The department argued that the proposed conversion of preference shares worth Rs 65,000 crore by Jio - by cancelling and then converting these into loans -- would substantially reduce the profit of the demerged company. And, so, cause huge loss of revenue to the department. In sum, a move to avoid and evade taxes, it contended. Jio denied the charges. An e-mail sent this week by this publication to Reliance for its views on the issue did not elicit a response.In July this year, Brookfield had said it would pay Rs ..

Strong signals: Railways in talks with Reliance Jio on tower use

The Railway Board has entrusted its RailTel Corporation arm to work on the modalities with Jio

Trai's IUC extension might benefit Jio; limited gains for Voda Idea, Airtel

Incumbent operators fought a public battle against Reliance Jio for the extension of the regime

Reliance Jio tower assets sold to Canada's Brookfield for Rs 25,000 crore

Reliance Jio lnfratel has a portfolio of about 130,000 telecom towers that form the backbone of Reliance Jio Infocomm's network

Brookfield Infra buys Indian Telecom Towers; deal equity value is $3.7 bn

Brookfield Infrastructure is acquiring a portfolio of approximately 130,000 communication towers that forms the infrastructure backbone of Reliance Jio's (Jio) telecom business

Jio redux: Reliance's entry into diagnostics industry may lower prices

With bigger players making inroads, share of organised sector to increase in a fragmented market

RIL's post-tax ROCE could rise by 11% in two years: Morgan Stanley

Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.