RIL Q2 results: Consolidated net profit jumps 27% to ₹17,394 cr; revenue flat at ₹2.35 lakh cr
Reliance Industries’ EBITDA grew 30.2% YoY to ₹44,867 crore in Q2 FY24, while the margin improved by 390 basis points YoY to 17.5%.
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Jio Platforms to develop India-specific AI models: Mukesh Ambani
Jio Platforms wants to lead the effort in developing India-specific AI models and AI-powered solutions across domains
Reliance Jio's Radisys to acquire U.S.-based Mimosa Networks
The current acquisition is in line with Jio's plan to boost innovation and leadership in the production of telecom network products.
RIL spends ₹1 lakh crore in 9 months on 5G rollout, retail expansion and Giga factories
Net debt rose to ₹110,248 crore from ₹3,862 crore in the last one year due to the rising capital expenditure.
6 Hits and Misses of Mukesh Ambani's 20 years as RIL Chairman
From petrochemicals to petroleum refining and further onto telecom and retail, Mukesh Ambani has built multiple business empires in the last two decades.
Reliance Jio becomes 1st company to launch 5G in Delhi-NCR
The development comes on the heels of the telecom major’s plans for a countrywide rollout of 5G by the end of 2023, with an investment of ₹2 lakh crore.
Reliance Jio Q2 net profit up 28% YoY, revenue surges 20%
The company’s revenue from operations for the September quarter surged 20.2% to ₹22,521 crore as compared to ₹18,735 crore in the same period last year.
Jio to launch trial of 5G services in four cities on Dussehra
Invited 'Jio Welcome Offer' users will be automatically upgraded to the Jio True 5G service without needing to change their existing Jio SIM or 5G handset.
Reliance Jio likely to price 5G smartphone between ₹8,000 and ₹12,000
Launched in November last year in association with Google, Reliance Jio's 5G Smartphone is powered by Qualcomm’s QM215 SoC processor.
RIL's JioGenNext helped 170 startups raise over ₹2,600 cr
JioGenNext is backed by RIL’s rich mentor pool, which include B. Srinivasan, president & chief of staff, Rohit Bansal, group head of communications, and Shailesh Kumar, chief data Scientist at Jio.
