Mukesh Ambani, one of the world’s richest men settled in India’s financial capital, is prepared to explore the Web3 arena. The 66-year-old Indian billionaire disclosed his Web3-related plans during the 46th annual general meeting of Reliance Industries (RIL) that was held on Monday. While the Reliance chief aims to keep…
Jio Platforms is keen to lead efforts in developing India-specific AI models and AI-powered solutions across domains, delivering the benefit of this new-age technology to Indian citizens, businesses and government, RIL Chairman Mukesh Ambani said on Monday promising “AI to everyone, everywhere.” Terming Artificial Intelligence (AI) as the most exciting…
Billionaire Mukesh Ambani’s Reliance Industries Limited on Friday said it will demerge its financial services arm and list it on the stock exchanges. In a statement, the firm said Reliance shareholders will be issued one equity share of Jio Financial Services Limited (JFSL) for every share they hold in the…
Reliance Jio, the nation’s biggest telecom firm, will expand 5G telephony services offering ultra high-speed internet connectivity to every part of the country by December 2023, its chairman Mukesh Ambani said on Saturday. Jio had in September 2016 made an entry into the telecom sector, offering free voice calls and…
Jio AirFiber and Jio Cloud PC services were introduced during Reliance Industries’ 45th Annual General Meeting (AGM) on Monday. The JioAirFiber allow users to access Gigabit-speed Internet without any wires while the Jio Cloud PC is a virtual PC that is hosted in the cloud using without any hardware requirement….
India’s largest telecom operator Reliance Jio Infocomm on Friday reported a nearly 24 percent year-on-year rise in its standalone net profit to Rs. 4,335 crore for the June 2022 quarter. Billionaire Mukesh Ambani-led Reliance Jio clocked revenue from operations of Rs. 21,873 crore in the just-ended quarter, which was 21.5…
For years they tiptoed around each other but now the groups led by billionaires Mukesh Ambani and Gautam Adani will for the first time be in direct competition when they later this month participate in the auction of airwaves capable of providing fifth generation or 5G telecom services. But the…
Billionaire Gautam Adani’s group is said to be planning a surprise entry into the race to acquire telecom spectrum, which will pitch it directly against Mukesh Ambani’s Reliance Jio and telecom czar Sunil Bharti Mittal’s Airtel, sources said. Applications for participating in the July 26 auction of airwaves, including those…
The much-anticipated duel between Jeff Bezos and Mukesh Ambani for acquisition of one of world’s costliest sporting properties won’t materialise now as OTT giants Amazon on Friday pulled out of IPL media rights bidding, scheduled to start on Sunday. Reliance Industries Limited owned Viacom18 is considered to be one of…
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