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Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
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JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
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JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
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Reliance-Backed Group Unveils Hanooman, a Series of Indic Language AI Models: Report
Hanooman, a series of language models focused towards the Indian demographic was unveiled on Wednesday, February 21, as per a report. The AI model was reportedly showcased at a recent technology event in Mumbai. It supports 11 Indian regional languages and will operate in the fields of healthcare, governance, financial services, and education.
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Jio Financial Denies It Is In Talks To Acquire Paytm's Wallet Business
Jio Financial Services Ltd has denied that it had not been in talks with Paytm to buy its wallet business amid a crackdown by the Reserve Bank of India (RBI) over violation of norms.
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‘CBDC and Blockchain’: Mukesh Ambani’s Jio Financial Services Set to Make Web3 Foray
Mukesh Ambani has announced that Jio Financial Services (JFS) will be Reliance’s point of entry into the Web3 arena. Exploring blockchain and the eRupee CBDC, JFS will soon offer digital asset management services in India in partnership with BlackRock.
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Jio Financial Services Hit 5% Lower Circuit On Its Maiden Trading Day
Jio Financial Services, the demerged financial services unit of Reliance Industries, had a volatile market debut on Monday.
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Jio Financial Services Shares Hit Lower Circuit In Debut Trade
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade.
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Opinion: Why Mukesh Ambani Is Spinning Off Jio Financial Services Ltd.
To record all the words ever spoken by humankind, five exabytes of storage would be enough. Indian tycoon Mukesh Ambani's telecom customers used up nearly six times as much data last quarter.
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Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
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Reliance To Demerge Fin Services Arm 'Jio Financial Services'; List It On Exchanges
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
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Airtel Reports 16.6 Percent YoY Increase in Mobile Data Consumption, Posts 22 Percent Rise in Q2 Revenue
Airtel on Monday reported a 22.2 percent increase in quarterly revenue, with an average revenue per user (ARPU) of Rs. 183, up from Rs. 146 a year earlier. The ARPU of rivals Reliance Jio and Vodafone Idea was Rs. 175.7 and Rs. 128 , respectively. Last year, Airtel said that mobile ARPU needed to be at 200 rupees and ultimately at 300 rupees, for a...
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Airtel Chairman Sunil Mittal's Remuneration Falls Nearly 5 Percent in FY22: Details
Bharti Airtel chairman Sunil Mittal's remuneration fell nearly 5 percent in the financial year 2021-22 to Rs. 15.39 crore on lower perquisite value, according to the telecom company's annual report.
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Vodafone Idea Elevates Akshaya Moondra as CEO; to Replace Ravinder Takkar
Telecom firm Vodafone Idea announced the elevation of present chief financial officer Akshay Moondra as its new chief executive officer with effect from August 19, the company said in a regulatory filing.
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Reliance Jio Faces Over 8-Hour Long Outage In Mumbai
The country's largest telco Reliance Jio faced an over eight-hour long outage in the financial capital on Saturday, wherein its subscribers were unable to make or receive calls.
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Jio Payment Solutions Gets RBI Nod to Operate as Online Payment Aggregator
India's Jio Payment Solutions, a wholly-owned subsidiary of billionaire Mukesh Ambani-led Reliance Group firm Jio Financial Services, has received the central bank's approval to operate as an online payment aggregator, Jio Financial said on Tuesday.
-
JioFinance App With UPI, Utility Payments and Loan Functionality Launched in India
The JioFinance app was launched in India on Friday as a one-stop solution for financial essentials. It has been developed by Jio Financial Services Limited (JFSL), previously a subsidiary of Reliance Industries Limited. The app, which is now available widely for users in the country, offers facilities such as carrying out UPI transactions, monitori...
-
JioFinance App With UPI, Banking Services Launched in Beta By Jio Financial Services
JioFinance was launched on Thursday in beta form by Jio Financial Services. The newly announced JioFinance platform offers a range of digital banking services, including UPI transactions, bill payments, and insurance advisory in a single app. Future updates will expand loan solutions, beginning with loans on mutual funds and gradually introducin...
-
Reliance-Backed Group Unveils Hanooman, a Series of Indic Language AI Models: Report
Hanooman, a series of language models focused towards the Indian demographic was unveiled on Wednesday, February 21, as per a report. The AI model was reportedly showcased at a recent technology event in Mumbai. It supports 11 Indian regional languages and will operate in the fields of healthcare, governance, financial services, and education.
-
Jio Financial Denies It Is In Talks To Acquire Paytm's Wallet Business
Jio Financial Services Ltd has denied that it had not been in talks with Paytm to buy its wallet business amid a crackdown by the Reserve Bank of India (RBI) over violation of norms.
-
‘CBDC and Blockchain’: Mukesh Ambani’s Jio Financial Services Set to Make Web3 Foray
Mukesh Ambani has announced that Jio Financial Services (JFS) will be Reliance’s point of entry into the Web3 arena. Exploring blockchain and the eRupee CBDC, JFS will soon offer digital asset management services in India in partnership with BlackRock.
-
Jio Financial Services Hit 5% Lower Circuit On Its Maiden Trading Day
Jio Financial Services, the demerged financial services unit of Reliance Industries, had a volatile market debut on Monday.
-
Jio Financial Services Shares Hit Lower Circuit In Debut Trade
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade.
-
Opinion: Why Mukesh Ambani Is Spinning Off Jio Financial Services Ltd.
To record all the words ever spoken by humankind, five exabytes of storage would be enough. Indian tycoon Mukesh Ambani's telecom customers used up nearly six times as much data last quarter.
-
Reliance to Demerge Financial Services Arm, List Jio Financial Services on Stock Exchanges
Reliance Industries on Friday announced that it would demerge the company's financial services arm which would be listed on the stock exchanges, while shareholders would be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they held in the company. The transaction is subject to customary statutory and regulatory approvals...
-
Reliance To Demerge Fin Services Arm 'Jio Financial Services'; List It On Exchanges
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday said it will demerge its financial services arm and list it on the stock exchanges.
-
Airtel Reports 16.6 Percent YoY Increase in Mobile Data Consumption, Posts 22 Percent Rise in Q2 Revenue
Airtel on Monday reported a 22.2 percent increase in quarterly revenue, with an average revenue per user (ARPU) of Rs. 183, up from Rs. 146 a year earlier. The ARPU of rivals Reliance Jio and Vodafone Idea was Rs. 175.7 and Rs. 128 , respectively. Last year, Airtel said that mobile ARPU needed to be at 200 rupees and ultimately at 300 rupees, for a...
-
Airtel Chairman Sunil Mittal's Remuneration Falls Nearly 5 Percent in FY22: Details
Bharti Airtel chairman Sunil Mittal's remuneration fell nearly 5 percent in the financial year 2021-22 to Rs. 15.39 crore on lower perquisite value, according to the telecom company's annual report.
-
Vodafone Idea Elevates Akshaya Moondra as CEO; to Replace Ravinder Takkar
Telecom firm Vodafone Idea announced the elevation of present chief financial officer Akshay Moondra as its new chief executive officer with effect from August 19, the company said in a regulatory filing.
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Reliance Jio Faces Over 8-Hour Long Outage In Mumbai
The country's largest telco Reliance Jio faced an over eight-hour long outage in the financial capital on Saturday, wherein its subscribers were unable to make or receive calls.
