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.
The telecom giant posted a consolidated revenue from operations at Rs 18,278 crore.
Qualcomm and Reliance Jio, India's largest telecom operator, had said they have aligned efforts on 5G, in order to fast-track development and rollout of indigenous network infrastructure and services in India.
Moneycontrol breaks down the 5G technology and how it can disrupt industries and usher an era of cutting-edge technology by connecting IoTs, devices and machines.
Some industry watchers equate Reliance's digital plans - which extend from online shopping and cloud computing to telecom and digital payments - to China's Alibaba and Tencent, companies Reliance itself calls 'global peers'.
Viram Shah of Vested Finance also said Jio has played a pivotal role in the acceleration of data adoption in the country.
RIL's big 5G announcement comes at a time when the developed world has begun to shun Huawei Technologies
Internet giant to pick up 7.7 percent stake in Jio Platforms for $4.5 billion.
Qualcomm becomes third technology investor in Jio Platforms, the Reliance Industries digital unit that runs the telecom enterprise Jio Infocomm as well as several apps, after Facebook and Intel.
The deal with Intel — the 12th such investment in 11 weeks —takes the total stake that Reliance sold in Jio Platforms to 25.09 percent.
Intel is now a strategic investor in Jio Platforms.
Intel becomes second strategic investor in Jio Platforms after Facebook. Reliance Industries digital unit has now raised a total Rs 117,588.45 crore from some of the world’s leading tech investors in exchange for a cumulative 25.09 percent stake.