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Jio won’t raise tariff as...

NEW DELHI: Signalling an aggressive competitive...

Reliance profit surges 30% to...

MUMBAI: Reliance Industries reported a 30%...

Jio won’t raise tariff as telcos plan price hike

NEW DELHI: Signalling an aggressive competitive position in the telecom industry, Reliance Jio has said that it will not raise consumer tariffs, even on 5G. The company will continue with its position of "affordable accessibility" to target over 240 million Airtel, Vodafone Idea, and BSNL/MTNL subscribers, who still use 2G networks.Mathew Oommen, president of Jio, said that the company does not intend to raise tariffs dramatically, but will rather focus on customer acquisition as people migrate to internet-heavy, data plans."This is the vision of Reliance Industries chairmanMukesh Ambani,...

Jio won’t raise...

NEW DELHI: Signalling an aggressive competitive position in the telecom industry, Reliance Jio has said that it will not raise consumer tariffs, even...

Reliance profit surges...

MUMBAI: Reliance Industries reported a 30% rise in its consolidated net profit of Rs 19,878 crore in the September quarter as compared to...

BlackRock CEO Larry...

Larry Fink, the world's largest asset manager with over $9 trillion in assets, recently undertook a brief visit to India to meet his...

Mukesh Ambani’s luxury...

MUMBAI: HSBC Holdings Plc has nearly doubled the size of a loan arrangement to part of Indian billionaire Mukesh Ambani’s business empire, bolstering...

Mukesh Ambani reclaims...

NEW DELHI: Mukesh Ambani has reclaimed the top position on the 2023 Forbes list of India's 100 Richest with a net worth of...

Mukesh Ambani’s children...

NEW DELHI: Reliance Industries Ltd has sought the shareholders' nod for the appointment of Mukesh Ambani's three children to the company's board.According to...

Blackstone: ‘Mukesh Ambani’s...

NEW DELHI: Viacom18, the broadcasting unit of Mukesh Ambani, is poised to enter into a lease agreement with Nucleus Office Parks, owned by...

KKR to invest...

Global investment firm KKR & Co will invest an additional 20.69 billion rupees ($249.19 million) in Indian billionaire Mukesh Ambani’s rapidly expanding retail...

Reliance-NVIDIA to build...

NEW DELHI: US technology company NVIDIA and billionaire Mukesh Ambani's Reliance Industries on Friday announced a partnership to build AI supercomputers in India....