reliance jio

Starlink-rival OneWeb scores approval to launch satellite broadband services in India

OneWeb India, the local subsidiary of low-earth orbit operator Eutelsat OneWeb, has received the necessary approval from the country’s newly created space regulatory body to launch its commercia

Telecom companies in India want tech firms to pay for network usage

Telecom operators in India, the second largest wireless market, would like internet companies to compensate for using their networks, a recommendation they’ve made to the local regulatory body,

Reliance’s financial services unit to offer insurance, merchant lending

Jio Financial Services, the financial services unit of Mukesh Ambani-run Indian conglomerate Reliance Industries, plans to expand to merchant lending and insurance, Ambani said at Reliance’s ann

Reliance appoints Ambani’s children to board in succession plan

Mukesh Ambani will lead Reliance Industries for five more years and groom and mentor his children to take the $200 billion Indian oil-to-telecom giant to greater heights of growth and value in the dec

Reliance tests sound box payment system amid financial services push

India’s Paytm introduced the innovative sound box, a pocket-sized speaker designed to instantly validate and announce successful payments to merchants. It has deployed millions of these devices

Qatar fund invests $1B in Ambani’s Reliance Retail at $100B valuation

Qatar’s sovereign wealth fund is investing $1 billion in Reliance Retail as India’s largest retail chain looks to expand its operations and enter new categories. The Qatar Investment Autho

Ambani’s Jio unveils $12 4G phone with digital pay and streaming

Reliance’s digital arm, Jio Platforms, has unveiled a new mobile handset and associated tariff plans, the latest in a series of years-long efforts from the top Indian telecom operator as it vies

Ambani’s Reliance targets Indian fashion e-commerce with low-cost model

Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s ret

Ambani bats for cricket glory as Disney scales back in India

Mukesh Ambani’s Jio, the South Asian telecom powerhouse, has long sought to entice its customer base with a plethora of services aimed at boosting subscriber retention. Despite amassing over 425

India’s retail giant Reliance to accept CBDC at stores

Reliance Retail, India’s largest retail chain, will start accepting retail payments in digital rupee in a move that could supercharge the adoption of the country’s recently launched CBDC. The Muke

Indian giant Jio makes cloud gaming push

Mukesh Ambani, one of Asia’s richest men, has made a splash in many industries over the past three decades. It now appears he has set his eyes on a new sector: Gaming. JioGames, part of Reliance Ind

India’s Jio says it has rolled out 5G to over 100 cities in 100 days

Jio Platforms said on Wednesday it has rolled out 5G to 101 cities in just as many days as the Indian telecom giant looks to court customers aggressively with faster data speeds. The firm said on Wedn

Meta and Jio launch grocery shopping on WhatsApp in India

Meta and an e-commerce venture between India’s Reliance Retail and Jio Platforms are bringing grocery shopping to WhatsApp in what they said was a global-first end-to-end shopping experience on

Reliance Jio to spend $25B on 5G rollout, debut in October and reach every town by 2023 end

Reliance Jio Infocomm, India’s top telecom mobile operator, has earmarked a spending of $25 billion on the rollout of its 5G services that it plans to debut in key cities this Diwali in October,

Ambani’s Reliance Jio top buyer in India’s $19 billion 5G sale

Telecom operators in India agreed to spend $19 billion in the government auction for the 5G airwaves, New Delhi said Monday, the highest from them in any spectrum sale, as the world’s second largest

India receives $18 billion bids for 5G auction, expects rollout in September

India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as the race begins for faster data in the world’s secon

Daily Crunch: The party’s over — Airbnb bans all disruptive gatherings in perpetuity

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Mukesh Ambani steps down from Reliance Jio, son named chairman

Akash Ambani, the eldest son of Indian tycoon Mukesh Ambani, has been named as the chairman of Reliance’s digital empire Jio in what analysts view as a clear illustration of a leadership transit

Disney and Viacom18 winners in $6.2 billion cricket rights

Disney, Viacom18 and Times Internet have won the five-year media rights for the Indian Premier League cricket tournament, the Board of Control for Cricket in India said Tuesday, beating rivals includi

India to own 35.8% in Vodafone Idea after conversion of dues

Vodafone Idea said on Tuesday it is giving the Indian government a 35.8% stake in the company after its board approved conversion of dues and spectrum auction installments into equity to save the thir
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