Tag: Reliance Jio
Reliance Jio fixed line internet’s top boss quits
President and Business head – Fixed Line of Reliance Jio, Vijay Jain has stepped down from the position, reports ET. Jain joins other top-level executives across functions, who have quit the 4G entrant in last few months “Jain was also involved in the rolling out of Wi-Fi networks for the[Read More…]
Reliance Jio may reach 100 million subscribers by March ’17 end: Fitch Ratings
Nitin Soni, Director at Fitch Ratings has claimed that Reliance Jio Infocomm’s subscriber base may touch 100 million by March 2017 end. He also warned that the customer base may shrink if once the telecom operator starts charging its customers. “We think that Jio is adopting a very sound strategy[Read More…]
Reliance Jio may have to pay Rs 500 fine for using PM Modi’s picture in ads
Reliance Jio may have to pay ₹500 as fine for using Prime Minister Narendra Modi’s picture in print and electronic advertisements without the permission. The law that controls prevention of an incorrect use of emblems and names of 1950 provides for this minor penalty for violating norms. Minister of state[Read More…]
Reliance Jio used PM Modi’s photo in ads without permission: MoS Rathore
Reliance Jio had used Prime Minister Narendra Modi’s photograph in its print and electronic advertisements without the PMO’s (Prime Minister’s Office) permission. According to an IANS news report, cited by NDTV, this was disclosed by the Minister of State for Information and Broadcasting, Rajyavardhan Singh Rathore in the Rajya Sabha[Read More…]
Mukesh Ambani Announces Reliance Jio Happy New Year Offer
Reliance Jio Chairman Mukhesh Ambani announced a new Happy New Year offer for customers on Thursday, extending the benefits of the original Welcome Offer which gives Reliance Jio customers unlimited voice calling, text messages and data for free. The Chairman began his announcement by claiming that Reliance Jio has touched[Read More…]
New record! Reliance Jio bags 16 million subscribers in 26 days
Reliance Jio has created a world record by grossing 16 million subscribers in its first month of operations, a company statement said on Sunday. The company commercially launched its services on September 5. “We are delighted and humbled by the overwhelming response across India to the Jio Welcome Offer. Jio[Read More…]
Why the outrage over Jio-PM ad is stupid
Reliance Jio shook the telecom space with its entry. And quite literally. Reports suggest that Airtel and Idea lost anywhere between Rs 13,500 crore and Rs 15,000 crore in a day’s trading. But the Reliance Jio advertisement flanking the first page of every newspaper with Prime Minister Narendra Modi’s smiling[Read More…]
How Reliance Jio choke-slammed its telecom competitors
Mukesh Ambani’s announcement of Reliance Jio services turned out to be a nightmare for other telecom operators. Soon after Ambani’s announcement of Jio, shares of Bharti Airtel and Idea sunk by 9% and 11% respectively and together they lost Rs 15,600 crore. Shares of other telecom companies also fell on the Bombay[Read More…]