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SoftBank considering up to $3 billion investment in Reliance Jio

Having already invested in a 30% stake in China’s E-commerce giant Alibaba, Japanese investors, SoftBank is considering investing $2-$3 billion in Reliance Jio. According to...

Reliance Jio could roll out broadband + Landline + TV services...

Currently the third-largest telecom operator in the country, Reliance Jio has hinted that they will offer a combo pack in the coming months, which will surely...

Reliance Industries Q4 net profit rises by 9.79% to Rs.10,362 crore

Mukesh Ambani-led Reliance Industries has reported a 9.79% growth in its net profit for the fourth quarter of the previous fiscal year to Rs.10,362...

Reliance Jio expands customer base to 300 million subscribers

Telecom major Reliance Jio has expanded its customer base to 300 million users as per various sources. The company achieved this feat within a period of...

Reliance Jio invests Rs.700 crore in Haptik to acquire 87 per...

Reliance Industries, through its telecom business, Reliance Jio Digital Services Ltd. acquired a major stake equal to 87 per cent in the Artificial Intelligence chatbot firm, Haptik Infotech....

Vodafone and Idea to merge; but only once they have cleared...

With the recent entry of giant telecom company Reliance Jio Telecom in the Indian market, which has pushed aside its competitors in a short...

Laptops with SIM cards could soon be a reality in India

In an attempt to increase its average revenue per user (ARPU), Reliance Jio is in talks with Qualcomm Technologies to introduce laptops with SIM...

Mobile transactions doubled in the last one year after demonetisation, says...

Following demonetisation, mobile transactions have gone up significantly and have doubled in the last one year according to a research by Counterpoint Technology Market...

RIL stock prices scale new highs after Jio tariff hike

Reliance Industries’ stock prices soared to an all-time high of Rs.929.95 per share, as the company’s telecom arm — Jio Infocomm Limited — introduced...

Telecom Secretary raises concern over slump in revenue

In a recent letter to Telecom Regulatory Authority of India (TRAI), Telecom Secretary J.S. Deepak has said that telecom companies’ eagerness to get ahead...