Reliance Industries Limited (RIL), Viacom18, and Disney have signed a binding agreement to form a new joint venture (JV) that will combine the business assets of Viacom18 and Star India. As per the agreement, the media undertaking of Viacom18 will be merged into Star India Private Limited (SIPL). Reliance Industries has agreed to invest Rs 11,500 crore into the JV to fuel its growth. The transaction values the newly formed... Read More
Reliance Industries Limited (RIL) and Disney, two major companies have signed a non-binding agreement to move ahead with the merger plans. Disney Star (Disney's Indian unit) plans to merge operations with RIL. The majority stake of 51% in the merged entity will be owned by RIL and the remaining 49% will be held by Disney Star. If the deal goes through, it will be the country's largest media and entertainment... Read More
Reliance Jio, a leading telecom operator in India, has successfully tested 5G on the mmWave (millimetre wavelength) band. The test was carried out in the Gujarat Licensed Service Area (LSA). The development was posted by the DoT (Department of Telecommunications) wing of Gujarat. This test was done to carry out minimum rollout obligations. As per the minimum rollout obligations, telcos also need to deploy mmWave 5G before the end of... Read More
Reliance Industries Limited (RIL) has just announced a significant move into the data center market in India. They've joined forces with Brookfield Infrastructure and Digital Realty to invest in data center projects across the country. According to the agreement, RIL will hold a 33.33% stake in each of the Indian Special Purpose Vehicles (SPVs), making them an equal partner in this venture. Digital Realty, a renowned global provider of cloud... Read More
Reliance Industries Limited (RIL) has declared that its 45th Annual General Meet (AGM) post IPO (Initial Public Offering) will take place on August 29, 2022. The AGM will start at 2 PM, and you can see it through a video conferencing solution from Jio called JioMeet. RIL announces most of its major next moves at the AGM itself. Thus, if Jio doesn't launch 5G on August 15, 2022, then it... Read More
Reliance Communications (RCom), a major telecom operator now under insolvency proceedings, has failed to sell its non-core assets. The company has not seen any interested party for its non-core assets, which include land in Pune, Chennai and shares of Reliance Realty and Campion Properties Ltd. RCom had told the Bombay Stock Exchange (BSE) that the Committee of Creditors had approved the sale of non-core assets. EoI (Expression of Interest) by... Read More
Reliance Retail has brought a new revenue stream for the small and micro Kirana Merchants to grow faster in their journey. The company is installing small TV screens in the Kirana stores which is an innovative way for the merchants to earn extra money and the brands to showcase their products to consumers. With these small TVs, brands can advertise their products by paying a certain fee to the merchants.... Read More
The industry giant Reliance and Viacom18 on Wednesday have announced a strategic partnership with Bodhi Tree Systems which is a strategic investor in consumer technology opportunities in Southeast Asia, with a particular focus on India. Bodhi Tree Systems is a platform of James Murdoch’s Lupa Systems and Uday Shankar and the new partnership will aim at forming one of the largest TV and digital streaming companies in India. Let’s find... Read More
JioMart Maha Cashback offer is going to end on March 31, 2022. The offer was rolled out by Reliance Retail, and it was applicable for customers/users purchasing products and services from any of the Reliance Industries Limited (RIL) platforms, including Reliance Smart/Fresh/Smart Point/ JioMart, Reliance Digital/My Jio Store/Jio Points, Reliance Trends/Ajio/Project Eve, Partner Grocery Stores, Netmeds, and more. The cashbacks are offered to users on their JioMart number whenever they... Read More
Mukesh Ambani-led Reliance Industries denied any participation in the bidding for the UK telecom group British Telecom, popularly known as BT. Calling the report entirely speculative and baseless, the telecom major requested the media to conduct due diligence and verification before publishing such articles. The mentioned news report was published by The Economic Times on November 29, 2021. The report cited that Reliance might make an unsolicited offer to purchase... Read More
Reliance Industries Limited (RIL) recently hosted its 44th annual general meeting (AGM) event online. RIL announced its upcoming handset offering called the JioPhone Next. JioPhone Next will be a 4G Android-based device in collaboration with Google. Many global and domestic handset manufacturers welcomed the entry of the most affordable handset. Smartphone manufacturers expect the JioPhone Next to expand the market and provide a potential upgrade opportunity to customers. According to... Read More
Reliance Industries Limited (RIL), which is led by India's richest personality, Mukesh Ambani, late on Thursday announced that the merger of Den Networks, TV 18 Broadcast and Hathway to Network 18 would be called off. This comes almost a year after the announcement was first made, prompting major shifts and reactions in the world of networking. The key cable distribution company that is owned by RIL, Den Networks, on Wednesday... Read More
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Tested BSNL 4G, on Band 28 coverage is best, speed also 10mbps to 40mbps with 10mHz
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Yes I like your detailed reply. I have noticed same in Kolkata circle. Under many metro train station, Jio 4G…
It's good that Airtel is sharing number of 5G customer circle by circle to attract new customer from that circle…
