Reliance launches JioMart online grocery platform in India to compete against Amazon, Grofers and Flipkart. Here's what you need to know
Billionaire Mukesh Ambani's new e-commerce venture 'JioMart' will soon take on industry giants like Amazon and Flipkart as its retail arm, Reliance Retail, readies to make a debut.
Reliance Jio added over 91 lakh new subscribers in October, taking its total subscriber base to 36.43 crore, according to data released by the Telecom Regulatory Authority of India (TRAI). Interestingly, this increase in the number of subscribers for Jio comes although in the same month it announced to charge calls to other operators.
Reliance Jio is soon expected to launch a new feature phone -- Jio Phone Lite -- without internet. Read on to know more:
Mukesh Ambani, Chairman and Managing Director of Reliance Industries and Asia’s richest man just added almost $17 billion to his wealth as of December 23, the most in Asia, taking his net worth to about $60 billion, according to the Bloomberg Billionaires Index. According to Forbes magazine, Mukesh Ambani is the 10th richest man in the world as of December 2019.
Reliance Jio has launched a new offer called the Happy New Year Offer to celebrate New Year's. Here's what the new offer has in store for us:
According to the data shared, highest financial disincentive of Rs 1.76 crore has been imposed on Vodafone Idea, which includes Rs 1.11 crore on account of call drop in Vodafone network and Rs 65 lakh on Idea, while minimum penalty of Rs 6.5 lakh was levied on Reliance Jio.
Reliance Jio launches new All-in-One Recharge plans in India: Here's how they compare with Airtel and Vodafone Idea.
Telecom operator Reliance Jio has claimed that it is offering five times more free outgoing calls limit on other networks than an average customer requires and they are unlikely to pay for the calls.
Reliance Jio has announced the all new 'all-in-one' plans that will take effect from December 6. The new plans will start from a premium of ₹ 199 and will go all the way up till ₹ 2,199.
The era of low tariffs for Indian consumers seems to have ended as major telcos — Vodafone Idea Limited, Bharti Airtel Limited and Reliance Jio have hiked tariff by up to 40% for prepaid customers.
The telecom operators like Reliance Jio, Vodafone-Idea, Airtel and BSNL are all set to hike mobile call, internet charges for over 60 crore mobile subscribers in India. The mobile tariffs are likely to go up from December 1, while Vodafone is to hike charges from December 3, 2019 for monthly prepaid and postpaid customers. Recently, the telecom companies made the announcement that has left thousands of subscribers jittery.
Shares of Vodafone Idea were trading at Rs 8.38, up 22.69 per cent, on the BSE. The stock rose 22.63 per cent to Rs 8.40 on the NSE.
After private-sector players like Bharti Airtel, Vodafone Idea and Reliance Jio announced their plans to raise tariffs, mobile calls and internet charges will go up to 50 percent in the country from December 3.
After Vodafone Idea and Bharti Airtel, Reliance Jio on Sunday announced new tariff plans with up to 40 percent increase in prices. The new "all-in-one" plans will come into effect from December 6, Reliance Jio said in a statement, adding that customers would now on get more benefits too.
Reliance Jio has emerged as the highest bidder for mobile tower and optical fibre assets of Reliance Infratel by placing bids of around Rs 3,600 crore, according to banking sources privy to the development. Bharti Airtel has placed a bid of around Rs 1,800 crore for the same, according to the sources.
Reliance Jio has emerged as the highest bidder for mobile tower and optical fibre assets of Reliance Infratel by placing bids of around Rs 3,600 crore, according to banking sources privy to the development.
Reliance Jio will hike mobile phone call and data charges, the company announced on Tuesday. Billionaire Mukesh Ambani's Reliance Jio has issued a statement announcing the decision, a day after Vodafone Idea Ltd and Bharti Airtel made public similar plans December onwards.
Reliance Jio on Friday said that delaying the implementation of zero calls connect charges beyond January 2020 will hurt affordability of telecom services in a sector where users have benefited from free voice calls. Reliance Jio Director Mahendra Nahata said that the ratio of incoming and outgoing call is now at par with each other and traffic asymmetry can, therefore, no longer be the reason to delay implementation of Bill and Keep (BAK) regime.
Reliance Jio has written to Telecom Minister Ravi Shankar Prasad stating in unequivocal terms that the proposed telcos bailout would be contempt of the Supreme Court judgment and an illegal trigger to widespread precedent.
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