Reliance Jio

Reliance Jio rakes in Rs 60,596.37 crore investments in just 3 weeks; Facebook, Silver Lake and now Vista!

Amidst coronavirus pandemic affecting business growth prospects in India and denting profit margins, Reliance Jio attracted major investments to a tune of Rs 60,596.37 crore.

May 8, 2020

After Facebook, Silver Lake to invest Rs 5,655 crore in Reliance Jio Platforms

Facebook last month poured in Rs 43,574 crore for a 9.99 per cent stake in India's oil-retail-telecom conglomerate-led Jio Platforms -- the largest investment for a minority stake by a tech giant.

May 4, 2020

Facebook-Reliance Jio deal a 'game changer' for tech sector: What does this mean for India Inc?

Facebook has entered into a partnership with Reliance Jio to acquire a 9.99 percent minority stake for an investment of Rs 43,574 crore. What does this deal mean for India Inc.? Are we on the anvil of a bigger digital transformation?

Apr 22, 2020

Mother of all deals: Facebook may buy 10 percent stake in Reliance Jio

India has emerged as a major market for global tech giants with its increased mobile and internet penetration.

Mar 25, 2020

No relief package for telcos 'under consideration': DoT to re-examine AGR documents

Ever since Mukesh Ambani led Reliance Jio Infocom entered the telecom market, the tariff has drastically reduced which in turn has affected the revenues of telecom companies

Mar 12, 2020

Reliance Jio comes with Rs 49, Rs 69 prepaid packs: Benefits, comparison with Airtel, Vodafone

Reliance Jio recently launched two new short terms plans. Here's how these short terms packs compare to Airtel and Vodafone.

Feb 27, 2020

Two-pronged strategy to avert telecom disaster: Centre may offer relief on taxes, input costs

Two major telcos including Bharti Airtel and Vodafone idea are facing statutory dues of over crore Rs 35,500 and Rs 53,000 crore, respectively.

Feb 24, 2020

Telcos to bleed further as GST council rejects request for Input tax credit refund

The Indian Telecom sector is on the brink of collapses due to stiff competition and high dues to the government.

Dec 30, 2019

Government blinks, may slash license fee for telecom operators

The reduction in license fee is expected to save to the three major telcos a combined amount of Rs 4,000-5,000 crore annually.

Dec 24, 2019

Why is Centre preventing Reliance industries to sell stakes to Aramco

The government sought restriction on the deal citing the failure of the two companies to honour their payment under a $4.5-billion international arbitral award in the Panna-Mukta and Tapti (PMT) production-sharing contracts.

Dec 22, 2019

Here's why high spectrum pricing may affect India's march towards achieving 5G goal

Although the DCC's decision will need approval from the union cabinet, if the auction is conducted as per the current rates, there is a possibility that the telcos may not even participate.

Dec 22, 2019

Telecom sector employees seek opportunities outside amid mounting losses

One of the recruiting consulting firms has received around 7,000 profiles of Vodafone Idea and around 5,000 at rival Bharti Airtel

Dec 16, 2019

Market today: Nifty, Sensex gain ahead of expected interest rate cut

Nifty has risen 7.7% and Sensex has gained 8.43% since the last rate cut in October, mainly due to measures such as reducing the corporate tax rate and expectations of more stimulus.

Dec 5, 2019

Mobile phone service rates revision: How much will your monthly bill go up?

As telecom service providers Reliance Jio, Vodafone Idea and Bharti Airtel announce rate increases your mobile phone bills may go up at least 40%; government says the increase will not hurt the customers

Dec 3, 2019

After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

Vodafone Idea Ltd, India's biggest carrier by user numbers, is widely regarded as most on the ropes, with parent Vodafone Group calling the situation "critical" after the unit was saddled with about $3.9 billion in fresh payments due.

Nov 28, 2019

Will Mukesh Ambani's move to head off Airtel bid for Anil Ambani's assets fail?

Jio and Airtel are eyeing Reliance Communications' assets that include spectrum, towers, fibre network and real estate, heating up telco wars further.

Nov 26, 2019

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

Nov 20, 2019

Vodafone Idea, Airtel announce hike in call and data rates from December 1

The amount of hike in the charges have not been confirmed; it could go as high as 30-45% in the near term and more than 300% from the existing rates over the next two years.

Nov 19, 2019

Vodafone Idea to shut shop? Aditya Birla group refuses to inject fresh equity

The development has come days after Vodafone Group CEO Nick Read showed his frustration on the scenario in the Indian telecom sector.

Nov 14, 2019

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Telco wars worsen as Bharti Airtel bids for Anil Ambani's Reliance Communication's spectrum assets that Mukesh Ambani's Jio had previously tried to acquire.

Nov 13, 2019

1 2 3 4 5 6 7 8 9 10 Next