March 12th, 2018 1:39 PM 0 COMMENTS

Reliance Retail Purchases 16% Stake in KaiOS Technologies for $7 Million

Reliance Retail, the parent company of Reliance Jio bought a stake of 16% in the KaiOS Technologies (KTI) a couple of days ago. The deal is worth about $7 million, and it's an all-cash deal. On last Friday, Reliance Industries Limited (RIL) sent a notice to the Bombay Stock Exchange (BSE) that Reliance Retail (RRL) bought 19,04,781 shares of KTI at $3.675 per share. In the BSE filing, RIL stated... Read More

October 21st, 2016 6:25 PM 13 COMMENTS

LYF F1 launched with 5.5-inch 1080p display, 4G VoLTE and 3GB of RAM for Rs. 13,399

Reliance Retail has launched yet another LYF smartphone, named as LYF F1. The device is priced at Rs. 13,399 and will be up for sale at Reliance Digital stores. As a part of the introductory offer, the company is offering Bluetooth speaker worth Rs. 3,000 for free. Buyers will also receive a Reliance Retail gift voucher worth Rs. 15,000. The LYF F1 comes with a 5.5-inch full-HD (1080x1920 pixels) IPS... Read More

November 17th, 2015 10:17 AM 4 COMMENTS

YU partners with Reliance Retail exclusively to sell VoLTE smartphones through offline stores

YU Televentures, the new Indian smartphone brand back by Micromax, has announced that it has partnered with Reliance Retail to sell its smartphones through offline stores. The company will soon start selling its smartphones – YU Yureka Plus, YU Yuphoria, and YU Yunique – through 30,000 offline retail outlets across India. What's interesting here is that the YU's founder stated that the company will sell VoLTE devices through Reliance Retail's stores. YU... Read More

October 16th, 2015 5:26 PM 47 COMMENTS

Reliance Retail to soon launch its own brand of 4G LTE smartphones under the brand ‘LYF’

Reliance Retail will soon launch its own brand of 4G LTE smartphones under the brand ‘LYF’. The brand built on the premise of unmatched user experience will offer high performance handsets that deliver a true 4G experience comparable to the best in the world. LYF range of smartphones with superior features like Voice over LTE (VoLTE), Voice over Wi-Fi (VoWi-FI), HD Voice and HD quality video calling will enable users... Read More

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