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Tag: reliance jio

  • Reliance’s profit was Rs 9,567 crore

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    Bureau India
    in

    (Milcah Anila, Intern Journalist) NEW DELHI: Industrial giant Reliance Industries’ net profit fell in the second quarter of this fiscal on the back of a sharp decline in revenue from the key oil and chemicals segment. Profit fell 15 percent to Rs. 9,567 crore. Profit for the same period last fiscal was Rs. 11,262 crores.…

  • Jio planning to sell 5G smartphones for Rs2,500-Rs3,000

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    Bureau India
    in

    (Riya Singh, Intern Journalist): Reliance Jio has planned to launch a 5G smartphone for under Rs 5,000 and eventually reduce its price to Rs 2,500-Rs 3,000 when operation scales up. In July, Google announced a Rs 33,737-crore investment for a 7.7% stake in Jio Platforms. For the time being, Mukesh Ambani said that Jio and…

  • Mubadala Investment Company may invest in Jio

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    by

    Bureau India
    in ,

    Discussions are on whether Abu Dhabi-based autonomous investor Mubadala Investment Company can invest in Reliance Industries’ digital arm Jio Platform. This information has been received from a source. Significantly, last week, Reliance Industries announced the sale of a 2.32 percent stake in its digital unit to KKR, a US-based private equity company, for Rs 11,367…

  • Government to partner with JIO-VODA-AIRTEL for Aarogya Setu app

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    Bureau India
    in

    (Pooja Pal, Intern Journalist): An authorized app, lately launched by the Indian administration,  called Aarogya Setu for detecting the deadly novel coronavirus in the country. This app has significantly gained awareness and has more than 80 million downloads. At present, the administration is outlining to test about 900 million residents to examine if they possess…