Jio Platforms
Reliance Jio, Airtel kick off Indian telecom price hike
Reliance Jio and Airtel, the two largest telecom operators in India, have initiated what analysts expect to be an industrywide increase in tariffs in the world’s second largest wireless market,…
Glance, which operates a popular lockscreen platform targeting Android smartphones, is setting its sights on the U.S. market. The Indian startup recently commenced a pilot program in partnership with Motorola…
Bank of America has pinned a $107 billion valuation tag on Mukesh Ambani’s Jio Platforms, valuing the Indian telecoms and digital conglomerate 64.6% higher than the $65 billion at which…
India’s Reliance partners with Nvidia to build large language model
Reliance Industries’ Jio Platforms has partnered with GPU giant Nvidia to work on building a large language model that is trained on India’s diverse languages, the two firms said Friday,…
Telecom companies in India want tech firms to pay for network usage
Telecom operators in India, the second largest wireless market, would like internet companies to compensate for using their networks, a recommendation they’ve made to the local regulatory body, echoing a…
Reliance’s financial services unit to offer insurance, merchant lending
Jio Financial Services, the financial services unit of Mukesh Ambani-run Indian conglomerate Reliance Industries, plans to expand to merchant lending and insurance, Ambani said at Reliance’s annual general meeting in…
Reliance appoints Ambani’s children to board in succession plan
Mukesh Ambani will lead Reliance Industries for five more years and groom and mentor his children to take the $200 billion Indian oil-to-telecom giant to greater heights of growth and…
Qatar fund invests $1B in Ambani’s Reliance Retail at $100B valuation
Qatar’s sovereign wealth fund is investing $1 billion in Reliance Retail as India’s largest retail chain looks to expand its operations and enter new categories. The Qatar Investment Authority’s check…
Netflix inks deal with Ambani’s Jio to expand India presence
Netflix has inked a “first-of-its-kind” deal with Jio Platforms, India’s largest telecom operator, to bundle the streaming service with the carrier’s two pay-as-you-go plans as the American giant pushes to…
Reliance’s digital arm, Jio Platforms, has unveiled a new mobile handset and associated tariff plans, the latest in a series of years-long efforts from the top Indian telecom operator as…
Ambani’s Reliance targets Indian fashion e-commerce with low-cost model
Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s retail…
Disney’s Hotstar loses 8.4 million subscribers as Ambani’s JioCinema ascends
Disney, the global entertainment conglomerate operating a variety of streaming platforms, suffered a 2% contraction in its total subscriber base for the quarter ending March this year. The decline is…
Ambani and James Murdoch bring HBO content to India
Warner Bros. Discovery has partnered with Mukesh Ambani-backed Viacom18 to bring HBO and other movies and shows from the WB catalog to India in a major win for the Reliance…
James Murdoch’s fund slashes investment in Reliance-backed Viacom18
James Murdoch’s venture fund Bodhi Tree slashed its planned investment into Viacom18 to $528 million, down 70% from the committed $1.78 billion, the two said late Thursday as the weakening…
Reliance Retail, India’s largest retail chain, will start accepting retail payments in digital rupee in a move that could supercharge the adoption of the country’s recently launched CBDC. The Mukesh…
Mukesh Ambani, one of Asia’s richest men, has made a splash in many industries over the past three decades. It now appears he has set his eyes on a new…
India’s Jio says it has rolled out 5G to over 100 cities in 100 days
Jio Platforms said on Wednesday it has rolled out 5G to 101 cities in just as many days as the Indian telecom giant looks to court customers aggressively with faster…
Indian conglomerate Reliance will spin off and list its financial services, a move that it said will allow the oil-to-telecom giant to enter and expand into financial services such as…
Reliance launches JioBook, its maiden Android-powered laptop
Jio Platforms has quietly launched its first laptop, entering into a new product category as the Indian telecom giant aggressively expands its offerings. The laptop, called JioBook, runs JioOS, a…
This Week in Apps: Twitter’s edit button, BeReal clones, Trump’s Truth Social gets blocked
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached…
Meta and an e-commerce venture between India’s Reliance Retail and Jio Platforms are bringing grocery shopping to WhatsApp in what they said was a global-first end-to-end shopping experience on the…
Reliance Jio to spend $25B on 5G rollout, debut in October and reach every town by 2023 end
Reliance Jio Infocomm, India’s top telecom mobile operator, has earmarked a spending of $25 billion on the rollout of its 5G services that it plans to debut in key cities…
Ambani’s Reliance Jio top buyer in India’s $19 billion 5G sale
Telecom operators in India agreed to spend $19 billion in the government auction for the 5G airwaves, New Delhi said Monday, the highest from them in any spectrum sale, as…
India receives $18 billion bids for 5G auction, expects rollout in September
India received bids worth $18 billion on the first day of an auction for the 5G airwaves from tycoons including Mukesh Ambani and Gautam Adani as the race begins for…
Google-backed Glance to launch in US within two months
Glance, a subsidiary of adtech giant InMobi Group, is planning to launch its lockscreen platform on Android smartphones in the U.S. within two months, a source familiar with the matter…
Mukesh Ambani steps down from Reliance Jio, son named chairman
Akash Ambani, the eldest son of Indian tycoon Mukesh Ambani, has been named as the chairman of Reliance’s digital empire Jio in what analysts view as a clear illustration of…
Indian market regulator fines Reliance for not properly disclosing Facebook deal
India’s market regulator fined Reliance and two of its officers on Monday for not properly disclosing Facebook’s $5.7 billion investment into Jio Platforms in April 2020. The Securities and Exchange…
Disney and Viacom18 winners in $6.2 billion cricket rights
Disney, Viacom18 and Times Internet have won the five-year media rights for the Indian Premier League cricket tournament, the Board of Control for Cricket in India said Tuesday, beating rivals…
Featured Article
Indian giant Tata takes on Amazon and Ambani’s Jio with super app Tata Neu
The Indian conglomerate Tata Group, a $103 billion company whose business spans multiple industries from salt and software to telecom and steel, is ready to embrace consumer technology. The 154-year-old giant has been working – and internally testing – its audacious plan to offer a range of services from e-commerce…
Indian giant Tata Group to debut super app on April 7
Indian conglomerate Tata Group plans to debut its long-anticipated “super app,” called TataNeu, to the public on April 7, the company has disclosed on its app and Play Store page.…