SC holds Anil Ambani guilty of contempt; orders RCom to pay Ericsson

The Supreme Court on Wednesday held Reliance Communication chairman Anil Ambani and two directors guilty of contempt of court on three contempt applications filed by Telecom equipment maker Ericsson against him over not clearing dues of Rs 550 crore. The apex court has asked RCom to pay Rs 453 crore to Ericsson within four weeks,… Continue reading SC holds Anil Ambani guilty of contempt; orders RCom to pay Ericsson

Vodafone Idea prepares Rs 25,000-cr war chest to fight Mukesh Ambani

Vodafone Idea Ltd. plans to raise as much as 25,000-crore rupees ($3.5 billion) via a rights offering to help India’s largest mobile-phone carrier fend off Asia’s richest man, who continues to roil the industry by providing 4G Internet at prices that would drive most carriers bankrupt in other countries. Vodafone Group Plc will contribute as… Continue reading Vodafone Idea prepares Rs 25,000-cr war chest to fight Mukesh Ambani

New rules for e-commerce portals will not hurt smartphones’ growth in 2019

Business Standard: Snazzier phones with premium price tags are set to vie for Indian customers’ wallets in 2019, but it would be entry-level and affordable smartphones driving sales volume in the world’s second largest smartphone market. However, exclusive launches and deep discounts on e-commerce platforms like Flipkart and Amazon could become a thing of the… Continue reading New rules for e-commerce portals will not hurt smartphones’ growth in 2019

JioPhone 2 sale today at 12 noon: Sale details, Paytm cashback offer & more

Business Standard: Reliance Jio, a Mukesh Ambani-owned telecommunication service provider, will begin selling its JioPhone 2 today, November 5. The JioPhone 2 is a successor to the JioPhone,and it was announced earlier this year at the Reliance Industries’ 41st Annual General Meeting in Mumbai. Although a feature phone, the JioPhone 2 supports several apps such… Continue reading JioPhone 2 sale today at 12 noon: Sale details, Paytm cashback offer & more

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

Jio turns two; company offers 42GB data per month at Rs 100: Details here

Reliance Jio, a Mukesh Ambani-owned telecommunication service provider, is offering 42GB of high-speed 4G data, along with free voice calls, SMS and subscription of Jio apps at an effective price of Rs 100 per month. The offer is valid from September 12 to September 21 and can be availed from MyJio app. This offer is… Continue reading Jio turns two; company offers 42GB data per month at Rs 100: Details here

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