Reliance Industries had a strong performance for the full financial year 2024-25 with record consolidated revenue at Rs 10.71 lakh crore, growing 7.1 percent YoY as well as record EBITDA at Rs 1.83 lakh crore, up 2.9 percent over the previous fiscal.
Jio Platforms Q4 results: Revenue from operations increased 18% to Rs 33,986 crore
Jio Platforms Ltd has partnered with SpaceX to bring Starlink's internet services to India, contingent on regulatory approvals. The collaboration will allow Jio to offer Starlink solutions via its retail outlets and online platforms, with plans to provide equipment and customer service for installation. This partnership leverages Jio’s position as the largest mobile operator globally by data traffic and SpaceX's leadership in low Earth orbit (LEO) satellite operations. Together, they aim to deliver reliable broadband services to even the most remote and rural areas of India, enhancing Jio's existing broadband services like JioFiber and JioAirFiber. The partnership also explores other ways to strengthen India’s digital ecosystem. However, regulatory approvals from the Indian government and agencies such as IN-SPACe and DoT are still pending. The Indian space economy is expected to grow to $44 billion by 2033, contributing significantly to global market share.
India’s AI mission is attracting top tech players with 19 bidders competing to power its compute infrastructure
"Jio Things is pleased to collaborate with MediaTek to revolutionize the Mobility industry with our 4G Smart Android Digital Cluster, App Suite and Smart Module solutions,” Jio Platforms, President and CEO, Kiran Thomas said.
Reliance Industries, the biggest company by market capitalsation, has announced dividend of Rs 10 per share for the financial year gone by
The recognition highlights Jio Platforms' commitment to pioneering innovation in the telecommunications sector. Jio Platforms has successfully deployed the world's largest 5G standalone (SA) core network.
For Jio, the potential investment assumes significance as it would allow the company to gain a strategic foothold in the Sri Lankan telecom market.
Higher production in oil and gas, strong subscriber addition and higher ARPU in Jio Platforms and robust revenue growth and cost management in retail underlined RIL’s performance in Q2 FY24
Jio Platforms will provide managed services that utilise data analytics and AI to large enterprises in India and abroad.
MG Comet EV customers to also benefit from Jio’s other innovative assets which will integrate the Voice Assistant system with music apps, payment apps, connectivity platforms, and other compatible hardware
Reliance Industries Q3 | Consolidated revenue for the quarter at Rs 2.4 lakh crore increased by 14.8 percent YoY, supported by continuing growth momentum in consumer businesses. Digital services and retail segments recorded double-digit growth.
The partnership will also allow Jio’s associate brands, RISE and Viacom18, to leverage several partnership rights across their football and sports offerings.
Powered by a Qualcomm Snapdragon 665 processor backed by Adreno 610 GPU, this device comes with an 11.6-inch HD display, broad bezels, and a 2-megapixel front camera.
RIL AGM 2022| JioMart will enable WhatsApp users in India to browse through its entire grocery catalog, add items to cart, and make the payment
The partnership provides new opportunities to enable end-to-end 5G services for enterprises and consumers, Jio Platforms' senior vice president Aayush Bhatnagar said.
DigiBoxx’ s partnership with Jio helps the cloud storage service instantly reach a massive customer base.
This will be the first full quarter for telcos after they increased tariffs, which triggered a churn among some user segments.
Building out the right culture is important because only that will help startups sustain tough times, navigate strategy and build better products. Founders must surround themselves with people who have built companies so that they can be guided well, says Tewari
Glance will use the funds raised to double down on growth in Asia as well as launch in key global markets. Glance will be also integrated into Pragati OS, which has been co-developed by Jio Platforms and Google.
New joint venture will extend network reach and resiliency by leveraging SES’s satellites in both geostationary and medium earth orbits
The announcements made by the company at its latest AGM have the potential to catapult India to a different league in terms of economic growth and development and help the nation better meet its climate goals, while also holding out the hope of a better tomorrow for a pandemic-battered population
RIL AGM 2021: Jio Platforms has started executing what it had promised last fiscal while partnering with global companies
44th Reliance AGM: According to experts, shareholders and investors could be looking for a hint about demerger of the main company into Jio, retail and petrochemical businesses; In addition, further progress on 5G with several tech products, and updates over the Reliance-Aramco deal, and Future Retail will also be closely watched
'We now have a strong balance sheet with high liquidity that will support growth plans for our three hyper-growth engines -- Jio, Retail and O2C,' Ambani said.