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The offer will begin at 5.01 PM on Friday, the timing that reflects the Rs 501 price tag of the JioPhone Mukesh Ambani-led  Reliance Jio  has advanced by a day to July 20 the launch of its monsoon 'hungama' scheme that would offer its JioPhone to customers for Rs 501, a company source said. Earlier, in the annual general meeting of Reliance Industries, Ambani had announced that the scheme will begin from July 21. The offer will begin at 5.01 PM on Friday, the timing that reflects the Rs 501 price tag of the JioPhone. The registration for new JioPhone is already live on the official website of Relaince Jio. "Jio will start monsoon hungama scheme from 5.01 pm on July 20. Even the timing has been kept to reflect effective price of the phone," the source told PTI. According to the source, Reliance Jio will announce the terms and condition of the scheme on Friday. From August 15 onward, both existing and new, JioPhone users will also get to ac...

In his speech, RIL Chairman Mukesh Ambani also spelt out the milestones achieved by Jio, which has disrupted the telecom industry and triggered a price war Reliance Industries Limited announced on Thursday the launch of Jio Phone 2, which will have popular social media apps, and high-speed Jio GigaFibre, a broadband service that aims to boost fixed-line connectivity in India. At its 41st Annual General Meeting in Mumbai, the company demonstrated the new features on screen, explaining how YouTube, Facebook and WhatsApp on the upgraded Jio Phone 2, which boasts a horizontal screen display, will respond to a customer's voice. Jio Phone 2, priced at Rs 2,999, will hit the market on August 15. Under a monsoon offer, the company said, feature phones can be exchanged for Jio Phones for Rs 501. RIL Chairman Mukesh Ambani, India's richest man, also spelt out the milestones achieved by Jio, which has disrupted the telecom industry and triggered a price war. ...

Mukesh Ambani remains India’s wealthiest with a net worth of $38 bn, Azim Premji distant second Latest Current Affairs   :  Indeed, even as the nation is confronting financial hiccups and the administration confronting reactions from different quarters over its treatment of the economy, the wealthiest individuals in India don’t appear to be influenced. Despite organizations confronting troubles in the consequence of the administration’s demonetisation of high-esteem cash last November and its rollout of the products and enterprises assess (GST) administration in July this year, India’s 100 wealthiest big shots have seen their joined total assets zooming to an incredible $479 billion, up 26 for each penny from $374 billion out of 2016. As per the  Forbes ‘ yearly rundown of India’s 100 wealthiest big shots, Reliance Industries Chairman Mukesh Ambani remains the nation’s wealthiest, with a total assets of $38 billion, Wipro Chairman Azim Premji is a far off se...

Airtel unveils fresh packs to counter Jio heat Days after Reliance Jio extended its free services, mobile operator Bharti   Airtel   today came out with two prepaid offerings, including a Rs 145 pack, that will offer free unlimited local/STD calls along with 4G data. While Airtel's Rs 145 pack offers 300 MB 4G data along with free unlimited Airtel-to-Airtel local/STD calls, its Rs 345 pack offers unlimited free local/STD calls to any network in India and 1GB 4G data. Both packs have a validity of 28 days and are available for customers across the country. Mukesh Ambani's Reliance Jio -- which garnered 52 million customer base in the first three months of 4G launch -- recently announced extension of free domestic voice calls and data till March 31, 2017. Even after March, the company would offer free calls for life to its 4G customers. Industry watchers are of the view that extension of free services by Reliance Jio will add to the woes of the industry which is al...

Mukesh Ambani, chairman and managing director, Reliance Industries (RIL) said that all   Reliance Jio 's new users will get free voice calls and data from December 4 to 31 March 2017 as part of the company's new year offer. He also said that Jio is the fastest technology in the world. This is his first such appearance outside the company’s annual general meeting. Addressing the company’s stakeholders on Thursday through a live broadcast over the firm’s social media channels, he said, "In the last three months, Reliance Jio has grown faster than Whatsapp, Facebook and Skype". Ambani took this day to congratulated Prime Minister Narendra Modi for the 'bold' and 'historic' decision to demonetize old currency. "By doing this, our prime minister has given the strongest push to growth of digitally-enabled, optimal-cash economy in India", he said. Mukesh Ambani   said that digitally-enabling transactions will boost economic growth, whi...

Trai nod to Jio free offer till December 3 The Telecom Regulatory Authority of India (Trai) on Thursday said   Reliance Jio   can offer its free promotional offer till December 3, also clarifying that tariffs offered by the Mukesh Ambani-led firm were not predatory or discriminatory. This means new customers won’t be able to avail the offer after December 3 and Jio subscribers would have to pay as per the tariffs announced by the company. Customers who have subscribed before December 3 will enjoy benefits till December 31. In its quarterly results, Jio said it might extend the period of free services in case its subscribers were unable to get adequate experience of seamless connectivity across the network because of interconnection congestion and the quality of service parameters are not as per the benchmarks desired by the Jio management. Jio had launched the commercial services on September 5 and also announced it would provide all voice and data services free ti...

Reliance Jio to launch on Sept 5: Top 10 things to know The mega telecom disruption is finally here. Reliance Industries Ltd (RIL) chairman   Mukesh Ambani   announced at the 42nd AGM that Jio will be launched on September 5, offering customers free domestic voice calls and zero roaming charges. "Jio will out an end to voice call charges in India. No   Reliance Jio   customer will ever have to pay for voice calls again," Ambani said during the AGM. Data tariff plans will begin from Rs 149 for 0.3 GB to Rs 4,999 for 75 GB. All data plans, except for the 0.3 GB plan, will also provide unlimited 4G data at night. "These are the simplest and the most attractive tariff plans in the market, with the lowest data rates anywhere in the world," Ambani said.   Read Full Story Read More On: *   Reliance Industries chairman Mukesh Ambani says to slash telecom prices *   Jio impact: Bharti Airtel, Idea slip over 9%, Idea nears four-year low * ...

Mukesh Ambani-group owned  Reliance Jio  will offer free  Wi-Fi   services during the  T20 World Cup   across six stadiums in country. The services, under the name JioNet, will be available to the spectators of the cricket matches in Ferozshah Kotla in Delhi, Eden Gardens in Kolkata, Wankhede Stadium in Mumbai, Chinnaswamy Stadium in Bengaluru and cricket stadiums in Dharamshala, and Mohali, according to company officials. Show full article

Reliance Jio Infocomm Ltd (RJIL), the unlisted subsidiary of Reliance Industries Limited (RIL) on Monday announced a plan to issue 15 billion equity shares of Rs 10 each to the existing shareholders (to raise Rs 15,000 crore) ahead of the launch of the  4G telecom services  in April. This is the second largest rights issue announced after State Bank of India, which had raised Rs 16,700 crore in January 2008. RJio’s shareholders include RIL - which owns close to 99.16 per cent stake while around one per cent is owned by the Nahatas of HFCL in a personal capacity. This means 99 per cent of the Rs 15,000 crore will come from RIL’s coffers. As on September last year, RIL had cash equivalents and investments of Rs 87,911 crore. RIL’s board of directors is meeting on Tuesday to announce its December quarter results and is expected to take a call on the investment. RIL has invested Rs 30,000 crore in RJio in the form of equity and also provided guarantee to RJIL’s debt obligation...

Ahead of the commercial launch of Reliance Jio (RJio) in April, the Ambani brothers on Monday inked the spectrum trading and sharing agreements for 800 Mhz spectrum, which will bolster RJIo’s spectrum holdings. Anil Ambani’s Reliance Communication (RCom) signed spectrum trading agreement with Mukesh Ambani’s Reliance JIo Infocomm for 800 Mhz licences in nine circles.  Read Articles  

Azim Premji, who donated Rs 27,514 crore for education is the “ Most Generous Indian ” for the third year running followed by Nandan Nilekani and Narayana Murthy in the second and third place, respectively. As per the Hurun India Philanthropy List, which is a ranking of the most generous individuals from India, 70 years old Azim Hashim Premji was named as the most generous Indian as he donated Rs 27,514 crore for education.  Read Articles