Jio Investment
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RIL 48th AGM 2025: Reliance, Meta Join Hands to Develop Llama-Powered Agentic Enterprise AI Platforms
Reliance Industries Limited (RIL) held its 48th annual general meeting (AGM) on Friday. Amid major announcements such as the announcement of the Jio IPO and Jio Frames smartglasses, the company also unveiled the creation of an unexpected joint venture (JV) with Meta. With this JV, RIL and Meta are collaborating on the artificial intelligence (AI) f...
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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Reliance's Jio Platforms Clears Hurdle in Bid to Launch Satellite Internet in India
A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from the Indian space regulator to operate satellites there, a government executive said.
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Airtel to Complete 5G Rollout in Urban Areas in 2023; Expects Network Investment to Be Around Rs. 28,500 Crore
Bharti Airtel expects to complete the 5G rollout in urban areas and some key rural pockets this year and expects the investment in networks to hover around Rs. 28,500 crore, a senior official of the company said on Wednesday.
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Jio True 5G Services Now Launched in Uttarakhand, Rs. 650 Crore Invested for Standalone 5G Network in the State
Reliance Jio announced the launch of its True 5G services in Uttarakhand from Dehradun on Wednesday. Apart from the existing investment of Rs. 4,950 crore, a company's spokesperson said Jio would additionally invest over Rs. 650 crore on the deployment of standalone 5G network in Uttarakhand.
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Jio True 5G Launched in Guwahati, Reliance Said to Invest Rs. 2,500 Crore More to Deploy 5G in Assam
Assam Chief Minister Himanta Biswa Sarma on Tuesday launched Jio True 5G services at Guwahati in Assam at an event in the city. Alongside its True 5G services that were launched in Guwahati, Jio also started its True 5G-powered Wi-Fi services at Maa Kamakhya Temple complex in Guwahati on Tuesday, according to a statement from the telecom firm.
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5G Services in India to Attract Rs. 1.5 Lakh Crore in Investments in 2023, Tariff Hikes Likely: Report
From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is reportedly said to attract more than Rs. 1.5 lakh crore investments to build up networks in the new year.
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5G Spectrum Auction Undergoes Fifth Round of Bidding, Services to Roll Out in September
5G spectrum auction in currently undergoing the fifth round of bidding as firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea have invested huge sums. According to telecom Minister Ashwini Vaishnaw, the response on the first day exceeded all expectations.
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Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730 apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
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Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
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RIL 48th AGM 2025: Reliance, Meta Join Hands to Develop Llama-Powered Agentic Enterprise AI Platforms
Reliance Industries Limited (RIL) held its 48th annual general meeting (AGM) on Friday. Amid major announcements such as the announcement of the Jio IPO and Jio Frames smartglasses, the company also unveiled the creation of an unexpected joint venture (JV) with Meta. With this JV, RIL and Meta are collaborating on the artificial intelligence (AI) f...
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
Reliance's Jio Platforms Clears Hurdle in Bid to Launch Satellite Internet in India
A joint venture between Reliance Industries' Jio Platforms and Luxembourg-based SES to provide gigabit fibre internet has won approval from the Indian space regulator to operate satellites there, a government executive said.
-
Airtel to Complete 5G Rollout in Urban Areas in 2023; Expects Network Investment to Be Around Rs. 28,500 Crore
Bharti Airtel expects to complete the 5G rollout in urban areas and some key rural pockets this year and expects the investment in networks to hover around Rs. 28,500 crore, a senior official of the company said on Wednesday.
-
Jio True 5G Services Now Launched in Uttarakhand, Rs. 650 Crore Invested for Standalone 5G Network in the State
Reliance Jio announced the launch of its True 5G services in Uttarakhand from Dehradun on Wednesday. Apart from the existing investment of Rs. 4,950 crore, a company's spokesperson said Jio would additionally invest over Rs. 650 crore on the deployment of standalone 5G network in Uttarakhand.
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Jio True 5G Launched in Guwahati, Reliance Said to Invest Rs. 2,500 Crore More to Deploy 5G in Assam
Assam Chief Minister Himanta Biswa Sarma on Tuesday launched Jio True 5G services at Guwahati in Assam at an event in the city. Alongside its True 5G services that were launched in Guwahati, Jio also started its True 5G-powered Wi-Fi services at Maa Kamakhya Temple complex in Guwahati on Tuesday, according to a statement from the telecom firm.
-
5G Services in India to Attract Rs. 1.5 Lakh Crore in Investments in 2023, Tariff Hikes Likely: Report
From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is reportedly said to attract more than Rs. 1.5 lakh crore investments to build up networks in the new year.
-
5G Spectrum Auction Undergoes Fifth Round of Bidding, Services to Roll Out in September
5G spectrum auction in currently undergoing the fifth round of bidding as firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea have invested huge sums. According to telecom Minister Ashwini Vaishnaw, the response on the first day exceeded all expectations.
-
Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730 apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
-
Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
