Following the trail of the social media companies, the telecom operators and cab aggregators will also be questioned by the Joint Committee of Parliament on 'Data Protection Bill'. While Jio has been summoned on November 4, Airtel and Truecaller will appear on November 6. Reportedly, the panel will question Ola and Uber on November 5. The committee is looking into data collection issues and intends to protect individuals' information.
Courtesy: India Today
Reliance Jio launched the upgraded version of it’s Made-in-India mobile browser “JioPages”. Built on Chromium Blink engine, Jio claims it will provide better browsing experience, an improved media streaming, and encrypted connection. JioPages allows users to customize their content feed in eight Indian languages including Tamil, Telugu and Kannada. In the revamped version, Jio offers a personalized home screen with an option for 'dark mode'… read-more
Courtesy: The Hindu
Global Investment Company KKR will invest ₹5,550 crore in Reliance Retail Ventures Limited, said Reliance Group. Reportedly, KKR will own 1.28% of the equity stakes in RRVL in a fully diluted basis. Earlier, KKR invested ₹11,367 crore in Reliance's Jio platforms. "We look forward to working with KKR’s global platform, industry knowledge and operational expertise across our digital services and retail businesses," said Mukesh Ambani, Chairman… read-more
Courtesy: Live Mint
Vodafone–Idea Limited (VIL) on September 7, re-branded themselves as "Vi" (pronounced as 'We') as a part of their merger exercise. The unified re-branding aims at connecting millions of people digitally across the country. Kumar Mangalam Birla, Chairman of VIL said, "With Vi, we stand together for accelerating India’s progression for the digital economy". Earlier in 2018, Vodafone and Idea merged as a single entity to compete with Jio.
Courtesy: Deccan Herald
The Centre, represented by Attorney General KK Venugopal informed the bench of SC, headed by Justice NV Ramana, on restoring 4G internet service after August 15, on the trial basis in two districts of Jammu and Kashmir which have low intensity of terrorist activities. Government will review the situation after two months. However, the services will remain suspended in areas near the Line of Control.
Competing against Reliance Jio and Airtel, Vodafone India has launched a new postpaid plan, RED MAX, priced at Rs 699 per month. This is the only postpaid plan to provide unlimited 3G/4G data below Rs 1,000. Other benefits of RED MAX includes unlimited local and national voice calls, 100 free SMS, shopping benefits at Amazon.in, and subscriptions of OTT platforms like Amazon Prime, Zee5, Vodafone Play and Sun NXT.
Courtesy: News 18
According to the Telecom Regulatory Authority of India's (TRAI) report, Telecom companies have lost 8.2 million mobile subscribers in April, 2020. Bharati Airtel and Vodafone-Idea lost 5.2 million and 4.5 million subscribers respectively in April. However Reliance Jio added 1.6 million subscribers in the same period. Though, Voda-Idea still has the largest number of subscribers for postpaid users- around 23 million.
Courtesy: The Economic Times
Jio Glass, launched in the 43rd Annual General Meet (AGM), is a new mixed-reality holographic lens which enables its users to make holographic video calls with colleagues who can join in their 3D avatar and view presentations on a large virtual screen. The users can call individuals through voice commands, and conduct virtual classes. Speculatively, the Jio Glass is expected to be priced at Rs.14000.
Courtesy: Hindustan Times
US Secretary of state Mike Pompeo, has given credit to RIL's (Reliance Industries Ltd.) 'Reliance Jio' calling it a clean company and whipped China's Huawei, calling it a Chinese-military controlled company. US has also implemented a ban on its companies and allies from working with the chinese brand. RIL chairman Mukesh Ambani claims to have never used a single Chinese equipment in 'Reliance Jio'.
Courtesy: Live Mint
Reliance Industries Limited (RIL) after selling 24.7 per-cent stake in Jio platforms, has raised USD 22.3 billion capital market and USD 7 billion equity-raise. Reliance is in talks with Aramco about a USD 75 billion deal. Bernstein's research suggests that RIL now being debt-free, is expected to break-up with its Initial Public Offerings (IPO) of Jio and Reliance Retail business in the next three to four years.
Courtesy: Economic Times