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How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
Reliance AGM 2026 Key Highlights: From Jio IPO, AI ventures to retail bets, check key announcements by Mukesh AmbaniRIL AGM 2026 Key Highlights: Reliance Industries Chairman Mukesh Ambani unveiled major plans at the company's annual general meeting. Key a...
Reliance Industries' Q4 profit dips 8% as Mideast war bites at oil businessReliance Industries reported an 8.1% drop in March quarter profit. Geopolitical issues impacted the energy business. However, telecom and r...
Jio extends special offer plans to watch free IPL on JioHotstarJio has extended its offer for free IPL streaming on JioHotstar until April 15. This includes a 90-day free subscription to JioHotstar and ...
Muted user adds, higher costs dragged Jio FYQ3: AnalystsReliance Jio's Q3FY25 results disappointed due to fewer mobile user additions, higher access costs, modest ARPU growth, and reduced margins...
Surge in tariff, users and data lifts Jio net up 26%The rate hikes partly helped Jio grow average revenue per user(ARPU) 4.2% on-quarter to ₹203.3. But the full beneficial impact of the price...
Jio subscriber losses, high costs weigh on Q2 numbersReliance Jio lost nearly 11 million customers in Q2FY25 due to tariff hikes and SIM consolidation, leading to lower-than-expected Ebitda. H...
Jio subs losses, high costs weigh over FYQ2, but FWA, broadband usage supports: AnalystsReliance Jio reported a nearly 11 million customer loss despite unchanged tariffs, which impacted its earnings in Q2FY25. Higher costs affe...
Reliance Jio’s ‘Diwali Dhamaka’ offer: One year of free JioAirFiber—How to avail and key datesJio Offer: Reliance Jio has launched the 'Diwali Dhamaka' offer, providing one year of free JioAirFiber service. Customers can qualify by s...
Jio to waive Rs 1,000 installation charge on AirFiber connection till Aug 15Jio has announced a waiver of the Rs 1,000 installation charge for its AirFibre service until August 15, resulting in up to a 30% discount ...
Jio expects home broadband to rake in Rs 70,000 croreAs per the company, the service will help overcome the challenges of last-mile connectivity and provide an opportunity to TV and broadband ...
Jio, Airtel profitability to get a boost as 5G capex, customer churn moderate"Capex will remain elevated in 2QFY24, but we expect moderation in 2HFY24, which will help improve profitability and cash generation...Airt...
Jio to focus on 5G monetisation as capex news completion: BoFAAnalysts predict that Reliance Jio will focus on monetizing 5G now that its 5G capital expenditure cycle is nearing completion. However, me...
Jio raises close to $2-billion offshore loanReliance Jio has secured a loan of about $2 billion, one of India's largest offshore loans in FY24. The loan, arranged by HSBC, will be use...
Jio launches Jio AirFiber: How much it will cost, and how you can sign up for itJio AirFiber Price: The announcement comes weeks after Bharti Airtel's introduction of India's inaugural wireless home. Jio has a track rec...
Jio AirFiber launch: Reliance sets sights on disrupting India's broadband marketJio AirFiber launch: Reliance Industries, led by Mukesh Ambani, announced plans to launch Jio AirFiber, a wireless home Wi-Fi service, on S...
Jio AirFiber: How much it will cost, where and how you can buy it? Here are detailsReliance has launched the Jio Airfiber, a wireless internet service that aims to provide fiber-like speeds without the need for physical wi...
Jio plans another disruption with Air Fiber that can declutter homes, but add to rival's web of worriesIn the same month that Bharti Airtel launched its Xstream AirFiber, Reliance Industries Chairman Mukesh Ambani has announced a similar prod...
Next generation of Ambanis set to enter Reliance Industries' boardroomMukesh Ambani, the chairman of Reliance Industries Ltd (RIL), announced that his three children - Isha, Akash, and Anant - will be inducted...
Jio’s Ebitda for FY24 may fall 7% short of previous projections: JP MorganThe brokerage said Jio’s renewed focus on acquiring high ARPU (average revenue per user) customers over the past few quarters could mean th...