Page 78 - Reliance Jio

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.

Bharti Airtel launches WiFi calling in Delhi-NCR; Jio may follow suit

The Wi-Fi calling will let Airtel users make use of the Wi-Fi network in their homes to make calls using VoIP, instead of relying on cellular connectivity

Offering five times more free outgoing calls than rivals: Reliance Jio

The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals

Reliance Jio to reap tariff hike benefit only in Q1FY21, say analysts

Low ARPU subscribers could shift to Jio plans as they offer higher discount compared to rivals

Airtel, Voda, Jio and BSNL announce new prepaid plans. All you need to know

Vodafone Idea and Airtel customers have time until midnight of December 3, 2019 to recharge at old rates before new tariffs kick in

Reliance Jio's All-in-One prepaid plans: Find all tariff details here

Jio's Rs 149 plan with 1.5 GB data will cost Rs 199 and 3-month plan with the same data limit will cost Rs 555, a jump of 39%

Qualcomm working with Jio, Flipkart, Amazon India to offer new 5G services

The chipmaker also highlighted the need for markets like India to put conditions in place for speedy deployment of the fifth-generation services

Jio follows Voda Idea, Airtel in raising tariff; rates to begin at Rs 199

Jio's new tariff plans have been kept at a differential of Rs 50 from most of the incumbents' tariff plans, effectively keeping Jio's plans almost 25 per cent cheaper

Anil Ambani firms' CoC to discuss Bharti Airtel's offer on Thursday

Sources said Reliance Jio has offered Rs 3,600 crore within 60 days to buy Reliance Infratel.

Jio raises tariff by up to 39%, rates still lower than rivals Airtel, Voda

The company on December 1 has announced that it will raise mobile plans rates by up to 40%

JioCinema, Sun NXT partner to bring south Indian movies to subscribers

JioCinema has wide content including over 10,000 movies, one lakh television shows