Tag Archives: reliance

DoT gets legal opinion to settle disputes out of court

The Department of Telecommunications (DoT) has received legal opinion that it has the power to settle cases such as those over one-time spectrum charges (OTSC) out of court, a person familiar with the matter said. “The legal opinion has thrown … Continue reading

Posted in Forex | Tagged , , , , , , | Leave a comment

JioPhone Next priced at Rs 6,499 upfront, also available in EMI options

JioPhone Next, the 4G smartphone jointly developed by Jio and Google, will be available in stores from Diwali and will be priced at Rs 6,499. The device will also be available for an upfront payment of Rs 1,999 and the … Continue reading

Posted in PRO | Tagged , , , , | Leave a comment

Airtel, Vi could save thousands of crores with Centre’s rethink on spectrum charge

Bharti Airtel and Vodafone Idea (Vi) may have to pay less than ₹2,000 crore each as one-time spectrum charge (OTSC), or substantially lower than what they have accounted for currently, if the government decides to not appeal against an earlier … Continue reading

Posted in PRO | Tagged , , , , , , , | Leave a comment

Sundar Pichai sees JioPhone Next as crucial to Google’s India business

Bengaluru: Alphabet Inc. sees demand in India coming from people looking to shift from feature phones to smartphones, chief executive Sundar Pichai said during an earnings call with analysts. That, when the JioPhone Next — a 4G smartphone jointly developed … Continue reading

Posted in Stocks News | Tagged , , , , , , , | Leave a comment

Zee fight: Invesco claims potential transaction was negotiated between Reliance and Punit Goenka

A day after Punit Goenka, MD & CEO of Zee Entertainment Enterprises (ZEE), informed the company’s board that Invesco was trying to oust him after he rejected a potential merger deal with a large Indian group, Invesco has claimed that … Continue reading

Posted in Market | Tagged , , , , , | Leave a comment

Tokyo drift: More private play likely in non-cricket sports

India’s richest haul in the Olympics so far is likely to spur more private investments in non-cricket sports of the sort that helped groom the gold medallist Neeraj Chopra and lead to more Odisha-style public-private partnerships that have been hailed … Continue reading

Posted in Stock price | Tagged , , , , , | Leave a comment

Global, local handset brands expect JioPhone Next to expand upgrade market

Global and domestic handset brands expect Reliance Industries ’ upcoming 4G Android-based device, touted to be “most affordable”, to expand the market and provide a potential upgrade opportunity which comes with new buyers using smartphones for the first time, say … Continue reading

Posted in Stocks News | Tagged , , , , , , | Leave a comment

Mukesh Ambani joins Jeff Bezos, Elon Musk in world’s exclusive $100 billion club

Mukesh Ambani, Asia’s richest person, joined Jeff Bezos and Elon Musk in the world’s most exclusive wealth club with a fortune of at least $100 billion.The chairman of Reliance Industries Ltd. entered the rarefied group of 11 men as his … Continue reading

Posted in Market | Tagged , , , , , , , , , , | Leave a comment

Reliance floats UAE subsidiary for trading in oil

Reliance Industries has incorporated a new subsidiary in the UAE for trading in crude oil, petroleum products and agricultural commodities. Reliance International Ltd has been incorporated as a wholly-owned subsidiary in Abu Dhabi Global Market, the United Arab Emirates (UAE), … Continue reading

Posted in PRO | Tagged , , , , | Leave a comment

Flush with cash, Indian companies eye capex, investment push

Sitting on healthy cash reserves and aided by stronger balance-sheets post Covid, India Inc is looking to step up its capital expenditure and investment plans. Industry captains and analysts say a mix of factors such as accommodative monetary policy and … Continue reading

Posted in Stock price | Tagged , , , , , , , , , | Leave a comment