Page 16 - Reliance Jio

How Mukesh Ambani will divide his business empire to avoid dad's folly

Ambani's first-born, Akash, 30, will succeed him as chairman at India's No.1 wireless carrier Reliance Jio Infocomm Ltd

Reliance stock gains as Akash takes driver's seat at Jio, brokerages upbeat

Succession plan triggered upgrades from brokerages

From Jio to TVS, generational change sweeps through India Inc's boardrooms

From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition

Akash Ambani takes up reins of Jio Infocomm as part of succession plan

Mukesh Ambani steps down as part of succession plan, to oversee digital business through Jio Platforms

Position of power: Akash Ambani moves from open office to Jio corner room

The 30-year-old Brown University graduate and the elder son of Mukesh Ambani will now lead from the front at Reliance Jio as chairman

Mukesh Ambani resigns from board of Reliance Jio, son Akash made chairman

The announcement outlines a clear transfer of wealth by the 65-yr-old tycoon, who was embroiled in a bitter inheritance dispute with his younger brother after their father died in 2002 without a will

Reliance Jio partners with DigiBoxx to offer extra 10 GB cloud storage

In addition to the storage space of 20 GB available at present, Reliance Jio users can now have extra 10 GB space on DigiBoxx by signing up through the JioPhotos app

EV charging stations to be installed by Jio-bp at Nexus Malls' properties

"As part of this partnership, Nexus malls will be installed with 24x7 charging infrastructure for two and four-wheeler EVs," Jio-bp said in a statement.

5G auction, flat subscriber growth may weigh on Airtel, Voda Idea stocks

With organic cash flow, ongoing rights issue, strategic stake sale, improved market structure in India wireless, and easier 5G spectrum payment terms, Bharti remains well-placed to compete with R-Jio

Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers

Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares

Reliance AGM may see more focus on green energy, consumer business

Experts expect the firm to make further announcements in green energy

Jio adds 1.68 mn mobile subscribers in April; Airtel gains 810,000 users

Vodafone Idea lost about 15.7 lakh mobile subscribers during April 2022, the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI) on Thursday showed.

Govt to auction 5G spectrum for 20 yrs; allows private captive networks

The government will auction a total of 72097.85 MHz of spectrum with a validity of 20 years by July-end, said an official statement

COAI names Reliance Jio's Pramod Mittal as Chairperson for 2022-23

Mittal was previously the Vice Chairperson of the Cellular Operators' Association of India (COAI), whose members include Reliance Jio, Bharti Airtel and Vodafone Idea (VIL)

DoT extends 4G, 5G mandatory equipment testing deadline by 1 year

Move comes as a huge reprieve for telcos, gear makers

Jeff Bezos, Mukesh Ambani set to battle over $7.7 bn IPL broadcast rights

Jeff Bezos, Mukesh Ambani's companies are expected to be the top two contenders at a June 12 Indian Premier League auction, which is likely to lure several bidders

5G rollout unviable if captive private networks allowed, telcos tell govt

Telcos point to global trends and contend that 40 per cent of 5G revenues are expected from the enterprise segment and captive 5G networks will make 5G rollout unviable

Omaxe partners with Jio-bp to set up EV charging and swapping infra

Jio-bp will set up EV charging and swapping stations at various Omaxe properties across 12 cities under the agreement

Reliance Jio expands 4G services in Ladakh region near Pangong lake

The telecom operator became the first network to provide 4G mobile connectivity in and around the Pangong area, a popular tourist destination, officials said

MG Motor, Castrol to join hands with Jio-bp over mobility solutions for EVs

Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol's existing auto service network to cater to EV customers