Mukesh Ambani’s Reliance Jio continues eating into incumbent subscriber pie

BS: Mobile broadband subscriber base growth since last year clearly shows that Jio has continued to get the benefit of the closure of smaller operators as the increase in subscriber base of Jio is way ahead in speed and scale compared to that of incumbents as shown by Trai’s July subscriber addition numbers. Broadband subscriber… Continue reading Mukesh Ambani’s Reliance Jio continues eating into incumbent subscriber pie

Bollywood stars celebrate Ganesh Chaturthi at Ambani’s bash

From Amitabh Bachchan, Shah Rukh Khan, Aamir Khan to Katrina Kaif and Kareena Kapoor Khan, several Bollywood personalities celebrated Ganesh Chaturthi at Reliance Industries Chairman and Managing Director Mukesh Ambani and Nita Ambani’s house here. Nita shared photographs from the event on her Instagram featuring “Antilia” all decked up to welcome Lord Ganesha – and… Continue reading Bollywood stars celebrate Ganesh Chaturthi at Ambani’s bash

Reliance JioPhone 2 sale today at 12 noon: Know price, how to buy and more

Reliance Jio, a Mukesh Ambani-owned telecommunication service provider, is hosting sale of its JioPhone 2 today i.e. August 30. Successor of the JioPhone, the JioPhone 2 was announced at the Reliance Industries’ 41st Annual General Meeting, which was held in Mumbai on July 4. Reliance JioPhone 2: Price and sale details Priced at Rs 2,999,… Continue reading Reliance JioPhone 2 sale today at 12 noon: Know price, how to buy and more

Mukesh Ambani: RIL becomes first Indian company to cross Rs 8 trillion in market cap

Reliance Industries on Thursday became the first company to cross Rs 8 trillion in terms of market capitalisation (market-cap), becoming the country’s most valued firm At 1:59 pm, RIL’s market capitalisation (m-cap) stood at Rs 8.01 trillion. The stock ended at Rs 1,266.90 on the NSE, up 1.6%, extending its gains over the past four… Continue reading Mukesh Ambani: RIL becomes first Indian company to cross Rs 8 trillion in market cap

Why Mukesh Ambani’s Reliance, not Walmart, is Amazon’s real rival in India

It’s time the Amazon.com Inc. boss took notice of his real rival in India, the only billion-strong consumer market open to Western tech firms. While Walmart Inc.’s acquisition this year of Flipkart, a homegrown e-tailer, might have given the impression that the battle for India would be an all-American contest, a new national e-commerce policy… Continue reading Why Mukesh Ambani’s Reliance, not Walmart, is Amazon’s real rival in India

Reliance Jio Phone 2, Jio GigaFibre pre-bookings start on Aug 15: Know more

Reliance Jio Infocomm, a Mukesh Ambani-owned telecommunication operator, announced the Jio Phone 2 and Jio GigaFibre home broadband services at the Reliance Industries 41st Annual General Meeting, which was held in Mumbai on July 5. While Reliance Jio confirmed the price of the Jio Phone 2, it did not reveal the GigaFibre connection cost or… Continue reading Reliance Jio Phone 2, Jio GigaFibre pre-bookings start on Aug 15: Know more

RIL becomes India’s most valued firm again; surpasses TCS in market cap

Reliance Industries on Tuesday regained the status of the country’s most valued firm in terms of market valuation, surging past information technology (IT) giant Tata Consultancy Services (TCS) in intra-day trade. At 01:02 PM; RIL market capitalisation (m-cap) stood at Rs 7.48 trillion, more than TCS’ of Rs 7.40-trillion valuation, as per BSE data. Earlier… Continue reading RIL becomes India’s most valued firm again; surpasses TCS in market cap