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Reliance Jio has introduced a budget-friendly 4G phone called Jio Bharat at an affordable price of ₹999. The phone's sales commenced on 7 July 2023, and Reliance Jio aims to eliminate 2G technology from India through the widespread adoption of this device. The Jio Bharat Phone is specifically targeted towards individuals who are unable to ...
Jio Financial Services Ltd (JFSL) is an Indian financial services company, based in Mumbai. Originally a subsidiary of Reliance Industries (RIL), it was demerged as an independent entity and listed on the Indian stock exchanges in August 2023. [3] The company provides financial services, including payment services and insurance broking.
In the quarter ending March 2024, Reliance General Insurance reported a net profit of ₹58.31 crore and revenue of ₹1,741.55 crore, with year-on-year growth of 1.13% and 16.21%, respectively. [18] In the fiscal year 2023, Reliance General Insurance reported a turnover of ₹103,390 crore, marking a 9.88% increase from the previous year. [19]
Reliance Retail Jio Financial Services (47.12%) Jio-bp (51%) JioStar (16.34%) Viacom18 (84.07%) Network18 Group (56.89%) DEN Networks (78.62%) Hathway (71.95%) Alok Industries (75%) Reliance Foundation Indiawin Sports Relicord Reliance Institute of Life Sciences Reliance Industrial Infrastructure (45.43%) Sterling and Wilson Renewable Energy ...
Reliance Communications would assume responsibility for instalments that MTS owed the government for spectrum purchases, amounting to ₹ 3.92 billion (equivalent to ₹ 5.6 billion or US$65 million in 2023) every year for 10 years. As a result of the deal, Reliance acquired MTS India's subscribers and SSTL's spectrum in the 850 MHz band.
Reliance Retail was established in 2006 as a wholly-owned subsidiary of Reliance Industries, with chairman Mukesh Ambani announcing an investment of up to ₹ 25,000 crore (US$5.52 billion) for the new venture at Reliance's 32nd annual general meeting in June 2006.
In 2023, 60 Republicans — including five of 11 Californians — joined 205 Democrats in voting against an amendment that would have expressed Congressional support for ending the authority of ...
Jio Payments Bank Limited is a 77:23 partnership between Reliance Industries and the State Bank of India. [1] On November 10, 2016, it registered as a public limited company to set up a payments bank. On April 3, 2018, Jio Payments Bank became the sixth payment bank to commence operations in India. [2]