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Reliance's Jio Platforms Files for Record $4 Billion IPO
Jio Platforms will offer up to 27 crore fresh shares, according to the draft red herring prospectus (DRHP). This would amount to 2.9 percent of the total equity base post issue.
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Jio Platforms, AMD, Cisco and Nokia Announce Open Telecom AI Platform at MWC 2025
Jio Platforms Limited (JPL), along with AMD, Cisco, and Nokia announced a partnership on Monday at Mobile World Congress (MWC) 2025 in Barcelona. The partnership revealed a new initiative dubbed the Open Telecom AI Platform. In a joint statement, the entities said that the initiative is aimed at co-developing and co-commercialising real-world artif...
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Jio Platforms Reportedly Partnering With Nvidia to Develop Affordable and Personalised AI Solutions
Jio Platforms is reportedly partnering with tech giants such as Nvidia intending to disrupt the Indian artificial intelligence (AI) space like it disrupted the telecom sector with competitive pricing and access to unlimited mobile data. As per the report, Jio is working with multiple companies to co-develop native large language models (LLMs).
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Jio Platforms Net Profit Rises to Rs. 5,098 Crore in First Quarter Amid 5G Adoption
Jio Platforms on Friday posted a 12.5 percent year-over-year rise in net profit at Rs. 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net profit of Rs 4,530 crore in the same period a year ago.The revenue from operations of Jio Platforms came in at Rs. 26,115 crore d...
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Jio-Subsidiary Asteria Aerospace Launches Drone Software Platform SkyDeck
Jio-subsidiary Asteria Aerospace, a drone manufacturer and solution provider in India, has launched its drone operations platform SkyDeck.
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Jio Platforms Invests $200 Million in InMobi's Lock Screen Content Company Glance
Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to new Jio smartphones this year, the companies said on Monday.
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Jio Grows to 40.56 Crore Subscribers, Adding 73 Lakhs in Q2 2020
Reliance Jio now has a base of 40.56 crore subscribers, Reliance Industries revealed while announcing its earnings for the second quarter ending September 30 on Friday. The telecom operator, which is already the biggest telco in India, had added 73 lakh subscribers in the quarter, down from the 99 lakh new customers added in the previous quarter ...
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Reliance Jio to Host JioMart Gameathon Free Fire Esports Tournament From October 30
Reliance Jio's JioMart Gameathon Free Fire tournament will be the first in a series of events that the company plans to hold, and it is marketing the initiative under its JioGames platform.
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Reliance Said to Plan Big Smartphone Push After Google Deal
Reliance Industries Ltd (RIL) has asked local suppliers to ramp up production capacity in India so they can make as many as 200 million smartphones over the next two years, according to people familiar with the matter, a potentially enormous boost for the country’s technology ambitions and a warning shot to rivals such as Xiaomi.
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Reliance Said to Approach Jio Platforms Backers to Invest in Retail Arm
Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
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Reliance-Google Smartphone Deal in India Threatens Chinese Firms
A $4.5 billion deal under which Alphabet's Google will collaborate with India's Reliance Industries on a new smartphone likely heralds a big shake-up for the world's second-largest mobile market, industry executives and analysts say.
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Reliance to Take on Amazon, Walmart, More US Giants Following $20 Billion Fund Raising Spree
eliance is expected to emerge as a digital giant following its $20 billion (roughly Rs. 1.5 lakh crores) fund raising spree. Its ambitious digital expansion plan may offer a tough competition to leading US brands such as Amazon, Walmart and Zoom in India.
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Mukesh Ambani Plots A Tech Future After Deals With Google, Facebook
After securing more than $20 billion in investment from the likes of Google and Facebook, billionaire Mukesh Ambani laid out a vision for his digital venture as he seeks to build a homegrown technology titan that could rival global giants.
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Jio Gets Rs. 33,737 Crores Investment From Google for 7.7 Percent Stake
Google is investing Rs. 33,737 crores in Jio Platforms for 7.7 percent stake, Jio’s Reliance Industries announced on Wednesday. The fresh investment is a part of Google’s Digitisation Fund worth Rs. 75,000 crores.
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JioMeet Video Conferencing App Sees 5 Million Downloads Within Days of Launch: Ambani
RIL Chairman Mukesh Ambani on Wednesday said India's first cloud-based video conferencing app JioMeet has seen 5 million downloads within days of its launch.
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Reliance's Jio Platforms Files for Record $4 Billion IPO
Jio Platforms will offer up to 27 crore fresh shares, according to the draft red herring prospectus (DRHP). This would amount to 2.9 percent of the total equity base post issue.
-
Jio Platforms, AMD, Cisco and Nokia Announce Open Telecom AI Platform at MWC 2025
Jio Platforms Limited (JPL), along with AMD, Cisco, and Nokia announced a partnership on Monday at Mobile World Congress (MWC) 2025 in Barcelona. The partnership revealed a new initiative dubbed the Open Telecom AI Platform. In a joint statement, the entities said that the initiative is aimed at co-developing and co-commercialising real-world artif...
-
Jio Platforms Reportedly Partnering With Nvidia to Develop Affordable and Personalised AI Solutions
Jio Platforms is reportedly partnering with tech giants such as Nvidia intending to disrupt the Indian artificial intelligence (AI) space like it disrupted the telecom sector with competitive pricing and access to unlimited mobile data. As per the report, Jio is working with multiple companies to co-develop native large language models (LLMs).
-
Jio Platforms Net Profit Rises to Rs. 5,098 Crore in First Quarter Amid 5G Adoption
Jio Platforms on Friday posted a 12.5 percent year-over-year rise in net profit at Rs. 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net profit of Rs 4,530 crore in the same period a year ago.The revenue from operations of Jio Platforms came in at Rs. 26,115 crore d...
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Jio-Subsidiary Asteria Aerospace Launches Drone Software Platform SkyDeck
Jio-subsidiary Asteria Aerospace, a drone manufacturer and solution provider in India, has launched its drone operations platform SkyDeck.
-
Jio Platforms Invests $200 Million in InMobi's Lock Screen Content Company Glance
Reliance Industries is investing $200 million in Glance, a lock screen content company backed by Alphabet and owned by ad-tech firm InMobi, to bring the service to new Jio smartphones this year, the companies said on Monday.
-
Jio Grows to 40.56 Crore Subscribers, Adding 73 Lakhs in Q2 2020
Reliance Jio now has a base of 40.56 crore subscribers, Reliance Industries revealed while announcing its earnings for the second quarter ending September 30 on Friday. The telecom operator, which is already the biggest telco in India, had added 73 lakh subscribers in the quarter, down from the 99 lakh new customers added in the previous quarter ...
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Reliance Jio to Host JioMart Gameathon Free Fire Esports Tournament From October 30
Reliance Jio's JioMart Gameathon Free Fire tournament will be the first in a series of events that the company plans to hold, and it is marketing the initiative under its JioGames platform.
-
Reliance Said to Plan Big Smartphone Push After Google Deal
Reliance Industries Ltd (RIL) has asked local suppliers to ramp up production capacity in India so they can make as many as 200 million smartphones over the next two years, according to people familiar with the matter, a potentially enormous boost for the country’s technology ambitions and a warning shot to rivals such as Xiaomi.
-
Reliance Said to Approach Jio Platforms Backers to Invest in Retail Arm
Reliance Industries has approached investors in its digital business about potentially buying stakes in its retail arm, two sources with direct knowledge of the matter said on Thursday.
-
Reliance-Google Smartphone Deal in India Threatens Chinese Firms
A $4.5 billion deal under which Alphabet's Google will collaborate with India's Reliance Industries on a new smartphone likely heralds a big shake-up for the world's second-largest mobile market, industry executives and analysts say.
-
Reliance to Take on Amazon, Walmart, More US Giants Following $20 Billion Fund Raising Spree
eliance is expected to emerge as a digital giant following its $20 billion (roughly Rs. 1.5 lakh crores) fund raising spree. Its ambitious digital expansion plan may offer a tough competition to leading US brands such as Amazon, Walmart and Zoom in India.
-
Mukesh Ambani Plots A Tech Future After Deals With Google, Facebook
After securing more than $20 billion in investment from the likes of Google and Facebook, billionaire Mukesh Ambani laid out a vision for his digital venture as he seeks to build a homegrown technology titan that could rival global giants.
-
Jio Gets Rs. 33,737 Crores Investment From Google for 7.7 Percent Stake
Google is investing Rs. 33,737 crores in Jio Platforms for 7.7 percent stake, Jio’s Reliance Industries announced on Wednesday. The fresh investment is a part of Google’s Digitisation Fund worth Rs. 75,000 crores.
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JioMeet Video Conferencing App Sees 5 Million Downloads Within Days of Launch: Ambani
RIL Chairman Mukesh Ambani on Wednesday said India's first cloud-based video conferencing app JioMeet has seen 5 million downloads within days of its launch.
