Reliance Jio

fire safety and prevention campaign in Delhi NCR

Reliance Jio has embarked on a fire safety and fire prevention campaign aimed at enhancing safety measures across its network sites throughout Delhi NCR

TMS Ep4233: Byju's troubles, JioCinema, sugar stocks, Ludhiana gas leak

s it the end of the road for Byju's? Is JioCinema the new star of OTT? Is there more sweetness left in sugar stocks? What caused the Ludhiana gas leak tragedy? Answers here

Record number of advertisers, sponsors join JioCinema in first week of IPL

JioCinema, the digital streaming partner of the IPL 2023, had a stellar opening week with 23 sponsors signing up for advertising on the platform, read a statement.

Jio Platforms gets Rs 350 crore deal to run NIC's cloud services for 5 yrs

Jio has been selected to enhance NIC's national cloud services and will be deployed at the National Data Centre in Delhi, Pune and Bhubaneswar

Reliance, Jio raise $5 bn in largest syndicated loan in India: Report

Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of USD 5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said. Reliance last week raised USD 3 billion from 55 banks and Reliance Jio Infocomm secured additional credit of USD 2 billion from 18 banks, sources aware of the development said. The USD 3 billion financing closed on March 31 and the add-on facility of USD 2 billion was secured on Tuesday, they said. Reliance will mainly deploy the funds raised towards its capital expenditure, while Jio would put the money to finance its nationwide 5G network rollout. The USD 2 billion add-on will be split equally between Reliance and Jio and is likely to be wrapped up by the end of April, they said. The primary syndication of USD 3 billion involved around 55 lenders, including nearly two dozen Taiwanese banks as well as global giants such as Bank of America, HSBC, MUFG, Citi, SMBC, Mizuho, and Cr

Coming soon to a mall in Mumbai, Apple's first retail store in India

On Wednesday, the American technology giant unveiled the barricade of its first retail store at Jio World Drive Mall, Mumbai, ahead of the upcoming opening of Apple BKC

After $3 bn, Reliance Industries, Jio raise $2 bn foreign exchange loan

Barely days after signing a USD 3 billion financing in India's most widely syndicated loan, Reliance Industries Ltd and its unit Reliance Jio Infocomm have raised USD 2 billion add-on foreign currency facility at most competitive rates, sources said. The USD 3 billion financing closed on March 31 and the add on USD 2 billion thereafter. The fund raising is the largest through syndicated term loans by an Indian corporate house in at least five years, the banking sources involved in the deal said. The primary syndication of USD 3 billion involved around 55 lenders, including nearly two dozen Taiwanese banks as well as global giants such as Bank of America, HSBC, MUFG, Citi, SMBC, Mizuho, and Credit Agricole. The new loan of USD 2 billion has the same terms as the borrowing signed on March 31 with 55 lenders, including 40 that joined in two phases of syndication. The sources said the blowout response was not surprising considering the momentum the USD 3 billion borrowing had already .

Jefferies assigns Rs 134-224 per share for Jio Financial Services

Listing and value unlocking to be the key event for RIL's stock price, says Nomura

Reliance's JioCinema clocks record 1.47 bn digital views in 1st IPL weekend

The broadcasting joint venture of Indian conglomerate Reliance Industries said its JioCinema app saw a record 1.47 billion digital video views on the opening weekend of the Indian Premier League

IPL 2023: Digital viewers on opening weekend top total viewership in 2022

The average time spent per viewer per match was 57 minutes, which was 60% higher than the average viewer per match during the opening weekend of last season

From SRK, Varun Dhawan, Nick Jonas, to Gigi Hadid, stars at Ambani Gala

NMACC was inaugurated at Jio World Centre in Bandra Kurla Complex on Friday and the fashion showcase was launched on the second day of the opening gala on Saturday

JioCinema witnesses record breaking IPL debut; sees 60 mn unique viewers

The total match views on Day 1 on JioCinema touched a whopping 500 million, hinting at its growing popularity in the sports streaming segment

Mobile phone user base rises in Jan after four months of decline: Trai data

Vodafone Idea user base shrinks by 1.35 million; Jio cements lead with the addition of 1.65 million subscribers

RIL up 4%; Lenders, shareholders to meet May 2 for financial arm's demerger

The move is expected to create a big player in segments including the NBFC (non-banking financial company) space with net worth of Rs 25,851 crore as of March 2022.

Jio launches new JioFiber Backup plan with unlimited data ahead of IPL 2023

According to Jio, the JioFiber Backup plan will provide a 24x7, always-on backup connection for homes with unreliable broadband connections

IPL 2023 starts today: Watch in 4k, 12 languages on JioCinema; details here

IPL 2023: At 7:30 PM today, defending champions Gujarat Titans will clash with four-time champions Chennai Super Kings at Narendra Modi Stadium, Ahmedabad

RIL shareholders to meet on May 2 on demerger of financial services biz

Groundwork to create financial behemoth

Telcos recorded Rs 4.17 trillion debt in 2021-22, says MoS Telecom

Six telecom companies -- including Airtel, Reliance Jio and Vodafone Idea -- had a total debt of Rs 4.17 lakh crore in fiscal 2021-22, Parliament was informed on Wednesday. Data submitted by Minister of State for Telecom Devusinh Chauhan in the Lok Sabha shows Vodafone Idea had a debt of Rs 1,91,073.9 crore, Airtel (Rs 1,03,408.1 crore), Reliance Jio (Rs 42,486 crore), BSNL (Rs 40,400.13 crore), Tata Teleservices (Rs 20,162.04 crore) and Tata Teleservices (Maharashtra) Limited (Rs 19,703.84 crore) in the financial year 2021-22. "The Government has approved various structural and procedural reforms in the telecom sector to promote healthy competition, protect interests of consumers, infuse liquidity, encourage investment and reduce the regulatory burden on Telecom Service Providers (TSPs)," Chauhan said.

Top headlines: Haldiram family to invest Rs 2,500 cr, Jio wages price war

Business Standard brings you the top headlines at this hour

Signal strength: Reliance Jio wages price war in fixed-line broadband

The growth of the home broadband market in India has been constrained by the fact that only 10 per cent of the households are connected by fibre