Reliance Industries Limited (RIL), the parent company of Jio, has stated that once regulatory checks and balances are in place, the public offering is anticipated to take place in the upcoming months. Anshuman Thakur, SVP of Strategy & Planning at RIL, stated on the firm's Q3 earnings call
Elon Musk's Starlink has joined forces with India's leading telecom companies, Reliance Jio and Bharti Airtel, to bring satellite internet services to the country. These partnerships aim to enhance internet access, especially in remote and underserved regions. Reliance Jio's Collaboration with Starlink Reliance Jio,
Over 1,100 employees will be let go by JioStar as the newly established joint venture between Viacom18 of Reliance Industries Ltd. and the India division of The Walt Disney Co. eliminates overlapping responsibilities as a result of the merger. According to media reports, the departures began a month ago
Jio Platforms Limited and Confluent, a data streaming business based in California, have teamed together to promote the growth of real-time and GenAI use cases in India. Jio Cloud Services will offer Confluent Cloud as part of the deal, enabling companies in India to begin using data streaming without any
According to the Ministry of Electronics and IT (MeitY), 19 service providers have put in bids to supply cloud and artificial intelligence (AI) computing services under the INR 10,738 Cr IndiaAI Mission. Cloud service providers, managed service providers, micro, small, and medium-sized businesses (MSMEs), and data centre service providers—
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When it comes to the Indian business arena, one simply cannot ignore Mr. Mukesh Ambani—the owner of Reliance Industries, and the wealthiest businessman in India. He has footprints in some of the most important sectors of the Indian economy such as refining, oil & gas, petrochemicals, telecom, retail, and
Price sensitivity seems to be higher among Indian consumers than private telecom corporations had anticipated. Following the announcement of rate increases in July, Reliance Jio, Airtel, and Vodafone have continued to lose customers. With the addition of new subscribers for the second consecutive month, state-owned BSNL, which had not hiked
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MD and Chairman of Reliance Industries, Mukesh Dhirubhai Ambani is India's very own desi Richie Rich. With a staggering net worth of $119.5 billion, the Indian billionaire is not only the richest man in Asia and 9th richest in the world but is also 1st on the
According to various media reports, BlackRock Inc., the largest asset manager in the world, is in talks to establish a private credit venture with billionaire Mukesh Ambani's Jio Financial Services Ltd., with the goal of taking advantage of the growing direct lending opportunities in India. This 50-50 joint
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The Bollywood icon, Deepika Padukone, has made a remarkable name for herself in the film industry. With her captivating performances and versatility, she has become an A-list Indian actress, leaving a lasting impact across multiple languages. Deepika kick-started her career as a model, gaining early recognition for her debut runway
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There is almost no big company or enterprise that didn't start from scratch. From Tesla to Apple to Pixar, most of them started off with a great idea, lots of effort, and a small garage. With every passing day, entrepreneurs come up with amazing startup ideas and newer
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. The content in this post has been approved by Jio. When do you think a revolution came in the telecommunication industry? Well, the most common answer is after the launch of Mukesh Ambani’s
![Mumbai Based Startups | Entrepreneurs & Startups in Mumbai [Exhaustive List 2021]](https://static.startuptalky.com/2021/10/Mumbai-Startups-StartupTalky.jpg)
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Mumbai is the financial hub of India and among the wealthiest city globally. Headquarters of most financial institutions like the Bombay Stock Exchange, RBI, National Stock Exchange, and the Mint are located in Mumbai. Even the HQs the giant business groups like Tata Group, Aditya Birla Group, Essel Group, and
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Blue Ocean strategy and Red ocean strategies are widely used by startups. However, it is also perceived in MSMEs as well as Multinational enterprises and these strategies help them in finding the right market. Let’s look at what exactly is blue ocean and red ocean strategy. What is the
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Reliance Jio, we all have been hearing a lot about this company for the past few years. Reliance Jio is a well-structured company whose business model is considered 'the sweetest data bait.' Jio has proven itself the icon of international tech and private capital investors. According to estimated
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Even during the pandemic, the net worth of many billionaires have been growing consistently. According to Forbes, the number of billionaires in the Forbes 35th list of the world wealthiest people, the number of billionaires have increased to 2,755, which was 660 more than a year ago. Everyone knows
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The success of a company is just the tip of the iceberg below which lies the business model of the company. Hard work and dedication to the services, funds from other companies, and robust marketing strategies are some prominent factors that drive a company towards success, but the business model
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The 5G network has been said to come into India in a few years. Jio has been working on it for the last year and had also announced about the 5G network in one of their Annual General Meeting. But now Airtel and Tata group have joined together to provide
![How Jio is Leading the 5G Race in India [Case Study]](https://static.startuptalky.com/2021/05/Jio-Case-Study-5G-Race_StartupTalky.jpg)
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The 5G era is proving to be a game-changer for the Indian telecom industry. The second most populous country in the world is India with a total of 1.2 billion internet users. Indian telecom companies are constantly on the lookout for new innovative ways to boost the growth of
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The global payments giant Mastercard has announced that it will invest $100 million in Airtel Africa’s mobile money business which runs under Airtel Mobile Commerce BV (AMC BV). Let’s look at the information regarding the deal and the future plans of the company. What is Airtel Mobile Commerce
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A report published by TRAI in January 2021, earlier said that the Telecom company Vi had added more subscribers to their user base but the most recent news suggests that the company has lost around 2.3 million users in their user base. Let’s look at the reasons for
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Jio is one of the topmost companies in India and it has a lot of potential customers. It is headquartered in Mumbai, India. In March 2018, JioMusic and Saavn merged in a deal worth $1 billion. After this, Saavn and JioMusic rebranded as JioSaavn. The merger was a huge advantage
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Jio is the largest telecom operator in India and is the third-largest operator in the world. During the year 2020, the company had raised an amount of INR 1,52,056 crores by selling their stake of around 32.97%. This helped the company in coming up with new products
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The Industrial Revolution of the 1800s came with unprecedented levels of production which greatly boosted the GDP per capita income of the economies in American and European nations. While this greatly reduced the need for imports in these Economies, Nations like India merely ended up as suppliers of raw materials