Why is Ambani hitting the brakes on a seven-year, $100 billion investment spree across refining, petrochemicals, telecom and retail?
Some competitors in the DTH and cable business say it would not be easy because of two reasons
Announced last year at the Reliance Industries annual general meeting, the Jio GigaFiber was initially touted to launch in 1,100 cities simultaneously
The plans will come bundled with subscriptions to most leading premium Over The Top applications
The firm will also provide the combined cloud-Microsoft app infrastructure free of cost to start-ups
On the Jio-Microsoft alliance, Mukesh Ambani said Jio will set up a network of large world-class data centres across India powered by Microsoft's Azure cloud platform
As part of the deal, Saudi Aramco will supply 500,000 barrels per day of crude oil to Reliance's twin refineries at Jamnagar in Gujarat
From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday
The deep-pocketed Jio's entry has so far impacted all the telcos, forcing mergers and also bankruptcy filings
Share of JioPhone in the featurephone market has shrunk from 47% in the second quarter of 2018 to 28% a year after
Airtel on Thursday reported its first quarterly net loss in over a decade at Rs 2,866 crore as it continues to battle competition from Reliance Jio
Reliance Jio said the Railways should not be permitted to offer commercial services like Wi-fi and voice and video communication
The youngest operator took 3 years to claim the top spot, changing the industry in the process
Voda Idea's June quarter net loss at Rs 4,873 crore
Reliance Jio had a user base of 331.3 million in June 2019.
Jio says it is keen to have more subscribers on long-term plans, even if this negatively affects revenue
Consumer businesses contribute 32% of the consolidated segment gross earnings (or earnings before interest, taxation, depreciation, and amortisation, or Ebitda) for the quarter
Airtel inches forward on broadband base
Jio has disrupted the telecom industry in the country since it was launched in 2016
Analysts say 'Jio'fication of broking is gaining pace as customers are lured by low-cost options