Reliance Industries shares fall 3%; here’s why
RIL shares declined as much as 3.05% to hit a two-month low of ₹2,361.60 on the BSE, while the market capitalisation dipped to ₹16.21 lakh crore.
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RIL shares rise on double-digit increase in profit in March quarter
Following the company’s double-digit increase in profit in the March quarter, brokerage firms have given a 'buy' rating for the company.
Reliance Jio Q4 results: Profit jumps 13% YoY to ₹4,716 cr, revenue up 12%
On the sequential basis, Jio’s profit grew by 1.6% in the March quarter, while revenue rose 1.7%.
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.
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 adds 31.1 lakh subscribers in May; Vi loses 7.6 lakh users
Reliance Jio commanded the largest wireless subscriber base at 40,87,87,442 users as of May 31, 2022, followed by Bharti Airtel at 36,21,75,161 subscribers.
Jio eyes largest share of 5G spectrum pie
The list of pre-qualified bidders for the upcoming 5G spectrum auction, shared by the Department of Telecommunications includes Reliance Jio, Bharti Airtel, Vodafone Idea and Adani Data Networks.
RIL to go big on investments in solar, 5G & retail
Reliance Industries invested ₹99,472 crore and ₹79,667 crore in FY22 and FY21, respectively, for expanding telecom and retail businesses, besides acquisitions.
Reliance Jio Q4 net profit soars 24% to ₹4,173 cr
Reliance Jio Infocomm paid ₹6,533 crore as network operating expenses and ₹2,504 crore as license fees and spectrum charges in Q4 FY22.
Jio’s new subsea cable system to connect Maldives directly to India, Singapore
The multi-terabit India-Asia-Xpress (IAX) undersea cable system will connect directly to Singapore, with branches including additional landings in India, Malaysia, and Thailand, says Jio.
