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Markets Extend Losses, Sensex Drops 600 Points, Nifty Below 23,000-Mark
Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday, dragged down by losses in Telecom and Industrials stocks amid muted global market trends.
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Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
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Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
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Telecom Tariffs In India At "Absurdly Low Level": Airtel Top Boss
Tariffs in the Indian telecom industry are at an "absurdly low level" compared to other parts of the world, Bharti Airtel Managing Director Gopal Vittal said on Wednesday as he strongly advocated "tariff repair" to lift return ratios.
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Jio AirFiber Launched in Eight Indian Cities at a Starting Price of Rs. 599: Check Plans, Benefits
Reliance has unveiled Jio AirFiber in India today (September 19). The wireless Internet solution was introduced during Reliance Industries' 46th Annual General Meeting (AGM) last month. The Jio AirFiber allow users to access the Internet with up to 1.5 Gbps speed without any hardware requirements.
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Jio AirFiber India Launch Date Set for September 19; Jio 5G Said to Cover Entire Country by December: Details
Reliance Jio AirFiber will be launched on Ganesh Chaturthi, September 19, RIL Chairman Mukesh Ambani said at the 46th AGM of Reliance Industries. Jio's 5G services are "on track" to cover the entire country with the ultra-high-speed network by December this year, Ambani said on Monday.
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Reliance Jio 5G On Track To Cover Entire Country By December: Mukesh Ambani
Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on Monday.
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Karnataka Government Closes-In On Deal With Foxconn For 2 Projects
The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore.
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Jio, Airtel, Vodafone Idea Said to Seek Allocation of Entire 6 GHz Band Spectrum for 5G, 6G Services
The government should earmark the entire spectrum available in the medium frequency range of 6 gigahertz band for mobile telephony so as to enable them to deliver high-speed data services in the range of 50-100 mbps, telecom industry body COAI said in a letter to the Department of Telecom.
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Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said.
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Renesas Seeks Local Production of Chipset Developed With Tata Consultancy Services
Renesas is looking to produce chipsets that the company is developing in partnership with leading software company TCS in India, according to a senior official of the chipmaker. The Japanese semiconductor company will develop SoCs with TCS initially for 4G, 5G telecom networks and industrial technologies.
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OneWeb Can Match Mobile Service Rates in Western Nations, Not "Extremely Low" India Tariffs: CEO
OneWeb will be able to match pricing for mobile services in western countries but not the "extremely low" tariff in India, according to CEO Sunil Mittal. According to the top executive, services will be affordable and at par with that of mobile rates when collectively used by a community of 30-40 homes in a village, but individual use in India wo...
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India's Mobile Exports to Exceed $10 Billion in FY 2022-23, Says Union Minister Ashwini Vaishnaw
The telecom industry in India has become investment-oriented and an employment generator and exports of mobile are expected to exceed USD 10 billion in the current financial year 2022-23, said Union minister Ashwini Vaishnaw.
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Telcos' Body COAI Says Mid-Band 6GHz Spectrum Needed for Mobile Operators, 5G Services
Industry body COAI on Tuesday made an aggressive pitch for setting aside mid band 6GHz spectrum for mobile operators, saying it is critical for proliferation of 5G services, and that delicensing it to a "use for all" will hit the quality and cost of the next-generation services. Cellular Operators' Association of India (COAI) cautioned that 5G depl...
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Non-Tax Revenue Collection Target From Telecom Raised By 30% To Rs 89,469 Crore
The government has raised non-tax revenue collection estimate from the telecom sector by 30 per cent to Rs 89,469.17 crore in 2023-24, according to the Union budget document.
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Markets Extend Losses, Sensex Drops 600 Points, Nifty Below 23,000-Mark
Equity benchmark indices, Sensex and Nifty, declined in early trade on Monday, dragged down by losses in Telecom and Industrials stocks amid muted global market trends.
-
Reliance Jio IPO Said to Launch in 2025, Retail Unit Listing Slated for Much Later
Mukesh Ambani targets a 2025 Mumbai listing for his telecom business Jio, valued by analysts at over $100 billion (roughly Rs. 8,41,090 crore). Reliance Industries' boss Ambani hasn't updated his IPO timelines after saying in 2019 that Reliance Jio and Reliance Retail would "move towards" a listing within five years.
-
Reliance Announces JioTV OS With Hello Jio AI Assistant, JioHome App, JioTV+, JioPhonecall AI, and More
Reliance Industries Limited (RIL) held its 47th annual general meeting (AGM) on Thursday. During the conference, RIL Chairman and Managing Director Mukesh Ambani addressed the stakeholders of the company. Ambani spoke about the advancements the company is making in the fields of 5G connectivity, artificial intelligence, the growth of its telecommun...
-
Telecom Tariffs In India At "Absurdly Low Level": Airtel Top Boss
Tariffs in the Indian telecom industry are at an "absurdly low level" compared to other parts of the world, Bharti Airtel Managing Director Gopal Vittal said on Wednesday as he strongly advocated "tariff repair" to lift return ratios.
-
Jio AirFiber Launched in Eight Indian Cities at a Starting Price of Rs. 599: Check Plans, Benefits
Reliance has unveiled Jio AirFiber in India today (September 19). The wireless Internet solution was introduced during Reliance Industries' 46th Annual General Meeting (AGM) last month. The Jio AirFiber allow users to access the Internet with up to 1.5 Gbps speed without any hardware requirements.
-
Jio AirFiber India Launch Date Set for September 19; Jio 5G Said to Cover Entire Country by December: Details
Reliance Jio AirFiber will be launched on Ganesh Chaturthi, September 19, RIL Chairman Mukesh Ambani said at the 46th AGM of Reliance Industries. Jio's 5G services are "on track" to cover the entire country with the ultra-high-speed network by December this year, Ambani said on Monday.
-
Reliance Jio 5G On Track To Cover Entire Country By December: Mukesh Ambani
Reliance Jio's 5G services marks the fastest-ever rollout of this scale anywhere in the world, and the company is "on track" to cover the entire country with the ultra high-speed network by December this year, RIL Chairman Mukesh Ambani said on Monday.
-
Karnataka Government Closes-In On Deal With Foxconn For 2 Projects
The Karnataka government on Wednesday said it has signed a Letter of Intent (LoI) with Foxconn, a major iPhone assembler for tech giant Apple, to undertake two marquee projects in the state with an estimated investment worth Rs 5,000 crore.
-
Jio, Airtel, Vodafone Idea Said to Seek Allocation of Entire 6 GHz Band Spectrum for 5G, 6G Services
The government should earmark the entire spectrum available in the medium frequency range of 6 gigahertz band for mobile telephony so as to enable them to deliver high-speed data services in the range of 50-100 mbps, telecom industry body COAI said in a letter to the Department of Telecom.
-
Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report
Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India's corporate history, sources said.
-
Renesas Seeks Local Production of Chipset Developed With Tata Consultancy Services
Renesas is looking to produce chipsets that the company is developing in partnership with leading software company TCS in India, according to a senior official of the chipmaker. The Japanese semiconductor company will develop SoCs with TCS initially for 4G, 5G telecom networks and industrial technologies.
-
OneWeb Can Match Mobile Service Rates in Western Nations, Not "Extremely Low" India Tariffs: CEO
OneWeb will be able to match pricing for mobile services in western countries but not the "extremely low" tariff in India, according to CEO Sunil Mittal. According to the top executive, services will be affordable and at par with that of mobile rates when collectively used by a community of 30-40 homes in a village, but individual use in India wo...
-
India's Mobile Exports to Exceed $10 Billion in FY 2022-23, Says Union Minister Ashwini Vaishnaw
The telecom industry in India has become investment-oriented and an employment generator and exports of mobile are expected to exceed USD 10 billion in the current financial year 2022-23, said Union minister Ashwini Vaishnaw.
-
Telcos' Body COAI Says Mid-Band 6GHz Spectrum Needed for Mobile Operators, 5G Services
Industry body COAI on Tuesday made an aggressive pitch for setting aside mid band 6GHz spectrum for mobile operators, saying it is critical for proliferation of 5G services, and that delicensing it to a "use for all" will hit the quality and cost of the next-generation services. Cellular Operators' Association of India (COAI) cautioned that 5G depl...
-
Non-Tax Revenue Collection Target From Telecom Raised By 30% To Rs 89,469 Crore
The government has raised non-tax revenue collection estimate from the telecom sector by 30 per cent to Rs 89,469.17 crore in 2023-24, according to the Union budget document.
