Articles tagged under: Reliance Jio

RJIL signs US$ 1 billion equivalent term loan facility covered by K-Sure

June 25, 2018
RJIL signs US$ 1 billion equivalent term loan facility covered by K-Sure

Mumbai: Reliance Jio Infocomm Limited (“RJIL”) has signed US$ 1 billion equivalent term loan facility covered by Korea Trade Insurance Corporation (“K-SURE”) on 22nd June 2018. The company said, the Facility will be used to finance goods and services procured primarily from Samsung Electronics and Ace Technologies Corp. The Facility has door to door tenor of 10.75 years. -The Facility is K-SURE’s largest deal in India as well as the largest deal supported by K-SURE in the...Read More

HC refrains COAI from making disparaging remarks against Reliance Jio

June 01, 2018
HC refrains COAI from making disparaging remarks against Reliance Jio

New Delhi: Reliance Jio has dragged the Cellular Operators Association of India (COAI) into a legal battle for allegedly making certain objectionable and defamatory statements against it, prompting the Delhi High Court to ask the association to refrain from using "disparaging" remarks. Justice Yogesh Khanna issued notice to COAI and its director general Rajan S Mathews on a suit filed by Reliance Jio Infocomm Ltd seeking to prevent and restrain them from continuing to make "maliciously false,...Read More

Reliance Jio launches 5-week internship programme for undergraduates

May 22, 2018
Reliance Jio launches 5-week internship programme for undergraduates

Mumbai: Reliance Jio today announced a 5-week student learning internship program for undergraduates. According to Jio, 'over the course of this program, students will learn about digital technologies and how digital can positively impact Small and Medium Businesses (SMBs) in the future. Students will also be guided through a digital toolkit on new age problem solving. The practical application of this methodology will help students master critical skill-sets while exposing them to real world...Read More

JIO partners with SCREENZ to create India’s largest digital engagement platform

May 17, 2018
JIO partners with SCREENZ to create India’s largest digital engagement platform

Mumbai: Reliance Jio Infocomm Ltd. (“Jio”) today announced an exclusive partnership for the Indian market with Screenz, a platform for “entertainment-based interactivity” used by world’s top broadcasters and format owners. The company said, this partnership will add to Jio’s existing platform for gamification, which has proven itself time and again, as seen during the on-going Jio Cricket Play Along, where it has enrolled over 65 Mn unique users already, who are consistently play...Read More

Jio launches “JioInteract”– The first Artificial Intelligence (AI) based brand-engagement video platform

May 03, 2018
Jio launches “JioInteract”– The first Artificial Intelligence (AI) based brand-engagement video platform

Mumbai:Reliance Jio Infocomm Ltd. (“Jio”) today announced the launch of the world’s first Artificial Intelligence (AI) based brand engagement platform – JioInteract. 'The first of many services to be launched on this platform is the Live Video Call that features India’s favourite celebrities. To kick-start, Jio has on-boarded none other than Bollywood’s biggest star, Amitabh Bachchan, who will promote his upcoming comedy-drama film ‘102 Not Out’ in the innovative way,' the co...Read More

Reliance Jio registers net profit for the first year at Rs 723 crore

April 27, 2018
Reliance Jio registers net profit for the first year at Rs 723 crore

Mumbai: Reliance Jio today reported net profit of Rs 723 crore annually in its fourth quarter report. The venture has witnessed positive net income in the first year of commercial operations with net profit for the year at Rs 723 crore which is seen as robust financial performance in a competitive market enviornment. Jio has gained sustained growth in subscriber base to 186.6 million(as on March 31st 2018). Data consumption has stood at record 506 crore GB in the quarter. The growth is  data co...Read More

‘Jio-fication’ propels Mukesh Ambani to world’s greatest leaders list

April 20, 2018
‘Jio-fication’ propels Mukesh Ambani to world’s greatest leaders list

New Delhi: Richest Indian Mukesh Ambani and human rights lawyer Indira Jaising have been named by Fortune magazine as the World's Greatest Leaders of 2018. The Fortune's 2018 ranking of the 50 Greatest Leaders released today also has architect Balkrishna Doshi in the list which includes Apple CEO Tim Cook, New Zealand Prime Minister Jacinda Ardern and football coach Nick Saban. Ambani, who turned 61 today, has "in less than two years, brought mobile data to the masses — and completely upend...Read More

Jio provides 12-month of complimentary prime benefits to existing Prime members

March 30, 2018
Jio provides 12-month of complimentary prime benefits to existing Prime members

Mumbai, 30th March 2018: After enabling an enriched Digital Life experience for over 175 million Jio Prime Members, Jio now brings another bonanza for its existing PRIME members. All Jio PRIME members who have subscribed to the exclusive membership benefits till 31st March 2018 will get another year of complimentary PRIME benefits at NO additional fee (LIMITED PERIOD OFFER). Jio deeply values its loyal PRIME members and will continue to deliver additional benefits and superior value to these ...Read More

RIL acquires stake in Saavn for JioMusic, forms India’s largest platform for music; combined entity valued at over US$ 1 billion

March 23, 2018
RIL acquires stake in Saavn for JioMusic, forms India’s largest platform for music; combined entity valued at over US$ 1 billion

Mumbai/New York: Reliance Industries Limited (“RIL”) today executed definitive agreements for combination of Saavn, a leading global music OTT platform, with its digital music service, JioMusic. The combined entity is valued at over US$1 billion, with JioMusic’s implied valuation at US$ 670 million. The integrated business will be developed into a media platform of the future with global reach, cross-border original content, an independent artist marketplace, consolidated data and one ...Read More

Reliance Industries wins FT Arcellormittal boldness in business Award

March 16, 2018
Reliance Industries wins  FT Arcellormittal boldness in business Award

Mumbai / London: Reliance Industries Limited (RIL), a leading provider of energy, petrochemicals, textiles, retail, telecommunications and digital services, was presented with the ‘Drivers of Change’ award at the Financial Times ArcelorMittal Boldness in Business Awards, in a ceremony that took place in London last night. RIL’s demonstration of boldness was recognized by a panel of FT journalists and independent judges who selected the company out of six shortlisted businesses. Af...Read More

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