Wealth of India's 100 richest soars on Forbes list thanks to buoyant stock markets.
Reliance chairman Mukesh Ambani's son Akash said the buyback offer would be available for customers of iPhone8.
As a nation, we missed out three industrial revolution—mechanisation, mass production and automation. However, the fourth industrial revolution has begun and India has an opportunity to lead
Reliance Jio made several records not only in India but across the globe and crossed 130 million customers mark in one year of its operations, Reliance Industries Chairman and MD Mukesh Ambani said in his letter to employees.
"Millions have pre-booked the JioPhone. We will inform you when pre-booking resumes," a message on Reliance Jio website said.
Just as RIL heralded the equity culture in India, it now aims to, in Reliance Industries Chairman Mukesh Ambani’s own words, “democratise the digital culture in India”
A round-up of the most re-tweetable tweets.
Commenting on the media companies, Porinju said that he is bullish on the sector considering the fact that we are a country with 1300 million population which presents a huge potential.
"As a result of increase in debt and decline in revenue, the debt servicing capabilities of telecom companies have been adversely impacted. "The telecom industry's current financial problem to some extent can be attributed to the entry of a new telecom operator and its strategy of freebies to gain customer and market share," RCom said in a regulatory filing.
The company had a gross debt of Rs 1,96,601 crore as on March 31, most of which was taken to fund its fourth- generation telecom venture, Reliance Jio.
Ambani, the richest Indian, has kept salary, perquisites and allowances and commission at Rs 15 crore since 2008-09, forgoing almost Rs 24 crore per annum.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com, Deven Choksey of KRChoksey, Narendra Taneja, Oil expert, and RS Sharma, Former Chairman of ONGC gave their thoughts and reactions to Oil Minister, Dharmendra Pradhan inviting RIL's Mukesh Ambani and BP's Bob Dudley to invest in retail after they invested in KG Basin gas.
Dudley, whose last visit in January 2015 led to India revisiting the natural gas pricing formula and a higher rate for gas produced from deep-sea and difficult areas, met Oil Minister Dharmendra Pradhan this afternoon.
Forbes' second annual Global Game Changers list includes 25 "intrepid business leaders" who are "unsatisfied with the status quo" and "transforming their industries and changing the lives of billions of people around the globe."
For the consolidated numbers for the fourth quarter of FY17 – the 45 percent growth in revenue was driven by 50 percent and 26 percent growth in refining and petrochemicals respectively.
Net loss stood at Rs 7.46 crore in the same period a year ago, Reliance Jio Infocomm said in an exchange filing.
Shares of RIL were trading 3.43 per cent higher at Rs 1,416.40 on BSE at 1236 hrs, giving the company a market capitalisation (m-cap) of Rs 4,60,291.20 crore -- the highest for any listed firm in the country. This was Rs 3,151.92 crore more than TCS' Rs 4,57,139.28 crore valuation at the time.
This comes merely days after Reliance Industries' telecom arm, Jio, introduced the Dhan Dhana Dhan offer for those who had not already signed up for the Jio Summer Surprise.
RIL saw its market capitalisation (m-cap) soaring to a record high of about Rs 4.58 lakh crore in morning trade at around 1015 hours, exceeding TCS's Rs 4.56 lakh crore valuation at that time. Shares of RIL rose by over 1 per cent to a multi-year high of Rs 1,410 on BSE.
Airtel is offering up to 30 GB of free data for the next three months for postpaid subscribers logging onto the 'My Airtel' app by April 30.
These included free WiFi to government educational and health institutions, employment for youth, and training of sportspersons for the forthcoming Tokyo Olympics.
Since racking up 100 million subscribers in record time, telecom's new entrant has gone all out to ensure that it retains its subscriber base.
Telecom operator Vodafone today complained to Trai that Reliance Jio is still "luring customers" to subscribe the 'Summer Surprise' offer despite the regulator finding it in violation of norms.