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Jio Platforms Q3 Profit Jumps 11.6%, ARPU Flat Sequentially
Jio Platforms reported an 11.6% increase in consolidated net profit for the December quarter, with a gross revenue of Rs 32,510 crore. Despite robust subscriber additions, the average revenue per user (ARPU) remained flat sequentially....
Jio Prepaid Recharge, Through WhatsApp Soon
Telecom major Reliance Jio and Meta (formerly Facebook) on Wednesday said Jio users will soon be able to recharge their subscription using WhatsApp. Speaking at Meta's Fuel for India 2021 event, Jio Platforms Ltd Director Akash Ambani said Jio and Meta ...
CCI Approves Google LLC's Stake Purchase In Jio Platforms
In a statement on Thursday, the Ministry of Corporate Affairs said that the Competition Commission of India (CCI) approves acquisition of 7.73 percent equity share capital of Jio Platforms Limited (JPL) by Google International LLC (GIL) under Section 31(1) of the ...
Reliance Industries Stock Downgraded By Edelweiss: Here's Why
Reliance Industries Limited's (RIL) shares have surged over 150 percent from the stock's 52-week low last seen in March after the conglomerate received big-ticket investments for its digital arm Jio Platforms and subsequent achievement of net debt-free target much before its ...
Reliance Announces New Jio TV+ With Netflix, Prime Integrated
On Wednesday, at the 43rd annual general meeting (AGM) of Reliance Industries Limited, Akash Ambani demonstrated the latest product from Jio Platforms-the Jio TV+. This will curate OTT (over-the-top media) platforms such as Netflix, Amazon Prime Video and Hotstar, among others, ...
RIL AGM: Google To Buy 7.7% Stake In Jio Platforms
At the 43rd annual general meeting (AGM) of Reliance Industries Limited, Chairman and MD Mukesh Ambani announced a strategic partnership of Google in Jio Platforms. He said that the search engine giant has signed a binding partnership and investment agreement to ...
Mukesh Ambani Now Richer Than Elon Musk, Google Founders
Mukesh Ambani's wealth has now surged past that of tech titan Elon Musk and well as co-founders of Google- Sergey Brin and Larry Page. The chairman and MD of Reliance Industries Limited (RIL) is now the sixth richest person in the ...
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