International credit rating agencies Fitch Ratings and Moody's Investors Service on Thursday said the $5.7 billion Facebook deal will help Reliance Industries deleverage its balance sheet and monetise digital platforms
E-commerce giant Amazon India on Thursday launched 'Local Shops on Amazon' programme that will help local shopkeepers and kirana store owners to sell online
Facebook's Rs 43,574 crore-investment in Jio Platforms earned accolades from industry leaders on Wednesday, even as some internet activists raised privacy concerns
Facebook’s investment in Jio took the country's largest telecom company to the top-five league in market capitalisation, the report said.
Reliance Jio-Facebook deal: 'Marriage of two super powers, will be a transformational partnership for India', say experts
Facebook is investing $5.7 billion in Reliance Industries Ltd's (RIL) Jio Platforms
Facebook and Jio will look to drive synergies and areas of collaboration but the mega-deal does not mean that the two sides will not compete in the market, officials said on Wednesday
Shares of Reliance Industries on Wednesday jumped over 10 percent after Facebook announced an investment of $5.7 billion (Rs 43,574 crore) to buy a 10 percent stake in Jio Platforms
Reliance Foundation's 'Mission Anna Seva' biggest free meal programme run by any corporate: Nita Ambani
Reliance Foundation's ''Mission Anna Seva'' that aims to provide over 3 crore meals to marginalised communities and frontline workers facing hardships during the lockdown, is the largest free meal programme by any corporate foundation globally, its chairperson Nita Ambani said
JioPhone users to get 100 minutes, SMS for free till 17 April, incoming calls will be free post validity
Jio has also announced that all JioPhone users will continue to receive incoming calls post the validity.
Shares of Reliance Industries Limited on Wednesday zoomed nearly 15 percent, reclaiming the tag of the most valued domestic firm by market valuation surpassing TCS
Jio is set to take the tool live immediately in English, and in parallel, the company is also making the tool available in Hindi, as well as all major Indian languages in the next 24-48 hours.
Reliance Industries sets up India's first dedicated coronavirus hospital; to pay contract workers wages even if no works
Reliance Industries on Monday said it will pay contract and temporary workers wages even in case of no work due to coronavirus outbreak, set up India's first dedicated Covid-19 hospital in Mumbai, ramp up face-mask production capacity and provide free meals and fuel to deal with the crisis
Vodafone Idea says no TRAI intervention on tariffs may prompt more industry exits; Airtel for 2-year floor price
In its recent submission to the TRAI, Vodafone Idea flagged the "deep financial distress" in the telecom sector, reflecting in unprecedented decline in revenues.
Vodafone Idea pays about Rs 3,043 cr to DoT towards deferred spectrum dues, Airtel Rs 1,950 cr; Jio makes payment of Rs 1,053 cr
Vodafone Idea too paid about Rs 3,043 crore towards deferred spectrum dues, as per the sources.
Every small business owner has potential in India to become Dhirubhai Ambani or Bill Gates; entrepreneurial power at grassroots is enormous: Mukesh Ambani
Pre-Jio the 256 kbps which we call broadband in India, and post-Jio, we now have 21 Mbps on mobile data as the average speed available in every single village in India.
RIL-Microsoft partnership to define decade; India to be among top 3 economies of world: Mukesh Ambani
RIL chief said the big change driving this transformation is the deepening of mobile networks which are working at a much faster pace than before.
Transparency in tariff: Reliance Jio, Bharti Airtel, Vodafone Idea not in favour of TRAI's plan; say move will lead to customer complaints
In December last year, the TRAI had extended by nearly a month to 23 January the timeline for stakeholders to submit their comments on the issue of 'transparency in publishing of tariff offers'.
AGR dues: Govt should offer one-time settlement to telcos for principal due amount, waive penalties, says SC Garg
Some telecom firms have said they were already struggling with mounting losses and debt and the additional liability has raised concerns of them defaulting on existing loans.
The Licensing Finance Policy Wing of the Telecom Department on Thursday directed all departments concerned to not take any coercive action against telecom operators if they fail to clear AGR dues as per the Supreme Court order until further orders
AGR woes: Bharti Airtel, Vodafone Idea to pay telecom dues after Supreme Court hearing next week; deadline ends today
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ends on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources