Tata Motors, a Tata Group firm, said it has bagged an order for over 2,300 buses.
As per reports, the DTH operator may announce the launch of the Android set top boxes as soon as this Diwali.
Year-to-date, RIL shares are up 38.9 per cent, smartly outperforming benchmark Sensex.
"Xstream is competitive on the pricing and product fronts and to a large extent tackles competition from JioFiber,” BNP Paribas said.
Mukesh Ambani's much-anticipated JioFiber has been launched at a subscription starting Rs 699 a month.
Users who had signed up for JioFiber trials, continue to get the services for free. Now, Jio won’t be able to charge customers for home broadband services for at least another month as it is migrating to an integrated billing system that is yet to stabilise.
Investors had been worried tariffs would be as disruptive as when Jio launched mobile services
Analysts said Jio’s attraction of a 24-inch TV set for free is unlikely to cut much ice with customers.
Premium JioFiber customers can watch movies in their living rooms the same day they are released in theatres.
Deven Choksey believes Reliance Jio can target close to 70-100 crore connections.
After changing the telecom scene forever with Reliance Jio, Ambani is now taking aim at broadband.
Services under the plan will be available at one-fifth to one-tenth of current global rates.
Mukesh Ambani has finally unleashed his triple play of carriage, content and commerce. At the 42nd AGM of Reliance Industries today, he unveiled the Jio Fiber, the much talked-about fiber-to-the-home (FTTH) service. Reliance AGM: Mukesh Ambani unveils Jio Fiber, plans start Rs 700
Ambani said Jio Fibre services will be available from September 5, 2019.
Reliance Jio Infocomm is likely to offer free home broadband services for a limited period.
When it comes to Reliance’s petrochemicals business, the strength in GRMs clearly seems to be at par and seems likely to support the company in the second quarter performance as well.
The current restructuring exercise at Reliance Industries, including sale of stake to well-known buyers and halving of debts, have made the company a favourite of analysts.
Buy Reliance Industries Ltd. at a price target of Rs 1350.0 .
The Mittal-led telco will bundle customised Android-based smart set top box for fast broadband speed.
Jio’s broadband service comes at a tenth of global rates, with plans ranging from Rs 699 to Rs 8,499 a month with speeds from up to 100 Mbps to 1Gbps, and bundles in services such as gaming, home network sharing, device security etc.
RIL is India's largest petrochemical and second-largest oil refining company.
Current home broadband speeds of 50-200 Mbps, it said, can easily fulfil the data needs of households.
Reliance has invested nearly Rs 5.4 lakh crore over the last five years to generate EBITDA in excess of $1 billion annually for over a decade.
Along with 5G, Samsung Galaxy S10 and iPhone 11 series sport Wi-Fi 6 certification.
Steep pricing of plans offering the service would appeal only to a small elite base.
This time, it is going to be in the urban digital TV market, inducing customers of Bharti Airtel, Tata Sky and Siti Cable to switch to the new service provider, analysts said.
Airtel launched a converged digital entertainment platform, christened Airtel Xstream.
The company that makes one in every four PCs sold world over has about 37 manufacturing centres globally, including Mexico and India.
Mukesh Ambani's New Commerce platform has the potential to tap millions more of Indian consumers.
Motilal Oswal has maintained a buy rating on Tech Mahindra with a target price of Rs 830.
Here is breaking down the pre-market actions.
This is arguably India's largest-ever FDI inflow, said Ajay Bodke, Prabhudas Lilladher.
The top 10 fund houses have incrementally invested Rs 4,970 crore in the stock in August.
“Indian equities are offering good value,” says Prashant Jain, ED & CIO of HDFC AMC.
Macquarie upgraded the stock to ‘outperform’ from neutral raising its target price to Rs 1,370 from Rs 1,230.
Ambani foresees India becoming a $10 trillion economy by 2030.
It’s not the time to buy turnaround candidates We have not yet seen demand coming back
Analysts noted that FTTH services has been in the Beta phase for a few weeks now.
Morgan Stanley said it is time to take a relook on the counter.
Both ferrous and non-ferrous players might still have a quarter or two of pain left.
Here is breaking down the pre-market actions.
The story titled "Isha Ambani confirms Jio Fiber launch at Rs 500/100 GB by Diwali" was based on a tweet from a fake account of Isha Ambani.
Barely 8 months into new tariff regime, Trai has started a process to review framework, broadcasters fear some steps can badly hurt industry
Market repair in the battered telecom sector is at least a year away as the disruptor Reliance Jio continues to focus on subscriber additions.
Rivals currently offer about half that data at double the price. Analysts expect Jio’s inaugural pricing to hugely disrupt the home broadband market.
Together, Reliance Retail and New Commerce will become the proxy to India's consumption story, Mukesh Ambani said.
BSNL currently leads the wired broadband market with nearly 10 million users followed by Bharti Airtel with 1.95 million users as of March 31, according to TRAI.
Vodafone launched data rollover facility for its wireless postpaid users in India through its new Red plans. It has launched three new plans.
Airtel is offering up to double the high-speed data benefits for the same price under its new plans, to retain subscribers ahead of Jio’s launch.
The operator had posted double digit growth in the enterprise business and will bank on its acquisition of fibre-to-home company YOU Broadband.
The company is also investing to create a 'centre for smart networks' in Gurgaon, to showcase applications and technologies that were not commercially deployed in the country.
At Jio, Jain was looking after the roll out of Fiber-to-the-Home (FTTH) that will complement the largest LTE rollout in India.
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