Search Results for: Reliance Jio

After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

Vodafone Idea Ltd, India's biggest carrier by user numbers, is widely regarded as most on the ropes, with parent Vodafone Group calling the situation "critical" after the unit was saddled with about $3.9 billion in fresh payments due.

Nov 28, 2019

Will pharma regulator's deal with industry make non-price control drugs cheaper?

A 30% cap on the margin agreed at a meeting of pharma regulatory and trade bodies and lobby groups may put pressure on big manufacturers as the distributors may not agree to lower commission.

Nov 27, 2019

Sensex surpasses 41,000 mark for first time, Nifty above 12,100

Shares of Mukesh Ambani's Reliance Industries Limited touched a record high as the company's market capitalisation (M-cap) nears Rs 10 lakh crore.

Nov 26, 2019

Will Mukesh Ambani's move to head off Airtel bid for Anil Ambani's assets fail?

Jio and Airtel are eyeing Reliance Communications' assets that include spectrum, towers, fibre network and real estate, heating up telco wars further.

Nov 26, 2019

What growth woes? Sensex hits life-time high of 40,846, Nifty above 12,050

India is scheduled to release its Q2 GDP figures later this week which is widely expected to be below 5 per cent.

Nov 25, 2019

EPF scam: UP govt announces bailout package for power corporation employees

An announcement to this effect was made, late on Saturday evening, through a government order (GO) issued by the Uttar Pradesh Power Secretary Arvind Kumar.

Nov 24, 2019

Yoga improves sleep, reduces lower back pain: Study reveals

The research showed significant improvements in the participants' sleep quality lasting 52 weeks after 12 weeks of yoga classes.

Nov 21, 2019

Sensex hits life-time high of 40,816, Nifty tops 12K; Reliance, PSU energy stocks gain

The NSE Nifty 50 index rose 0.6% to 12,014, while the S&P BSE Sensex gained 0.4% to 40,638.7.

Nov 20, 2019

Vodafone Idea, Airtel announce hike in call and data rates from December 1

The amount of hike in the charges have not been confirmed; it could go as high as 30-45% in the near term and more than 300% from the existing rates over the next two years.

Nov 19, 2019

Bill Gates officially surpasses Jeff Bezos as richest person on Earth

The Microsoft co-founder had briefly topped Bezos as the world's richest man last month after Amazon's lacklustre Q3 results resulted in Bezos losing nearly $7 billion in stock value.

Nov 16, 2019

Vodafone Idea to shut shop? Aditya Birla group refuses to inject fresh equity

The development has come days after Vodafone Group CEO Nick Read showed his frustration on the scenario in the Indian telecom sector.

Nov 14, 2019

Will Mukesh Ambani let rival Sunil Mittal's Airtel grab brother's RCom assets?

Telco wars worsen as Bharti Airtel bids for Anil Ambani's Reliance Communication's spectrum assets that Mukesh Ambani's Jio had previously tried to acquire.

Nov 13, 2019

Backlash over Reliance Jio's decision to charge voice calls

Vodafone issues ultimatum to Indian govt: UK media

Global telecom player, Vodafone has told Indian authorities that it will not provide more capital for its India business unless there are provisions allowing it to compete with Mukesh Ambani's Reliance Jio.

Nov 13, 2019

Steve Wozniak accuses Apple Card algorithm of gender bias, says wife got lower credit limit

Goldman said Apple Card applicants were evaluated independently, according to income and creditworthiness, taking into account factors such as personal credit scores and personal debt.

Nov 11, 2019

Saudi Aramco proposes mammoth expansion in India; to purchase 20% stake in RIL oil, chemicals

Aramco has entered into a non-binding letter of intent with Reliance Industries Limited on August 12, 2019, to purchase a 20 per cent stake in its oil to chemicals division.