RELIANCE JIO INFOCOMM
Multibillion-dollar deals fuel pickup in India's mergers & acquisitions activity
Mergers and acquisitions in India are increasing. Cross-border deals and private equity funds are driving this growth. M&A volume has reached nearly $41 billion in 2025. Several major acquisitions have occurred recently, including Tata Motors' acquisition of Iveco Group's business. Private equity activity is at its highest. Local players are also increasingly active in M&A.
Reliance announces Jio Frames: Check key features and other details
Reliance Jio on Friday launched Jio Frames, an AI-powered smart wearable unveiled at its 48th AGM. The device supports multiple Indian languages and offers hands-free assistance through Jio’s AI voice assistant. Users can capture photos, record videos, go live, and store memories on Jio Cloud. Akash Ambani said it also helps with reading, cooking, and travel guidance.
Reliance AGM 2025: Past year brought extraordinary 'complexity' in global energy markets, admits Reliance
At Reliance Industries’ 48th AGM, Anant Ambani said global energy markets faced supply disruptions, trade shifts and petrochemical overcapacity, but Reliance delivered strong performance. He announced ₹75,000 crore investments in new projects, highlighted Hazira’s upcoming carbon fibre facility, and stressed E&P’s role in India’s energy security. Mukesh Ambani called India’s rise unstoppable, even as Reliance faces U.S. pressure over Russian oil imports.
India's wireless subscriber base rises above 1,171 million: TRAI
India's total wireless subscribers reached 1,171.91 million by July 2025. Urban subscriptions increased, while rural subscriptions declined. Overall wireless tele-density saw a slight rise. Mobile subscriptions also experienced growth in urban areas but a decrease in rural areas. Mobile number portability requests totaled 15.41 million. Reliance Jio led with the highest subscriber base, followed by Bharti Airtel and Vodafone Idea.
Akash Ambani showcases JioHotstar innovations at Reliance AGM
JioStar is enhancing its JioHotstar platform with AI-driven innovations like RIYA, a voice-enabled search assistant, and Voice Print, which uses AI voice cloning for multilingual content. JioLenZ allows personalized viewing, while MaxView 3.0 upgrades the cricket viewing experience.
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Russian deals put Reliance oil core in focus at its Annual General Meeting
Reliance Industries faces scrutiny at its annual meeting as US tariffs loom over India's Russian oil imports. Mukesh Ambani's company, a major buyer of Russian crude, navigates a delicate balance between strategic deals and potential US sanctions. While Ambani will likely highlight digital and renewable energy ventures, the Russia issue will remain a key concern.
Reliance Jio, NSE IPOs coming soon? Sebi clears roadblock for mega multi-billion dollar listings
India's IPO market may witness mega listings soon, as SEBI considers easing norms for large companies. Reliance Jio and NSE could benefit from reduced public offer requirements, potentially easing market absorption concerns. The proposed changes also extend timelines for meeting minimum public shareholding, addressing potential share oversupply.
Reliance Jio annual report: Jefferies finds 8 key takeaways
Reliance Jio focuses on 5G expansion, broadband penetration, and enterprise growth. Jio turned free cash flow positive. Revenues from external clients increased significantly. Jefferies notes that tariff interventions are needed to sustain margins. High capitalized costs impact near-term profitability. Jio benefits from 5G adoption and fiber connectivity. The company aims to scale its enterprise business with IoT and AI solutions.
Sebi proposes to ease IPO norms for large companies
SEBI is considering easing IPO norms for large companies like NSE and Reliance Jio, potentially allowing them to list with smaller floats. For firms exceeding ₹50,000 crore market cap, the minimum share sale could drop to 8%. The regulator also proposes extending the timeline to meet minimum public shareholding norms, aiming to prevent oversupply and stabilize share prices.
Telecom content spends rise in FY25 with Jio in lead
India's telecom operators increased content spending in FY25, reaching ₹1,676 crore, after a dip in FY24. Jio Platforms significantly boosted its content costs by 153% to ₹915 crore, driven by deals with JioHotstar for cricket events. Meanwhile, Airtel and Vodafone Idea reduced their content budgets, focusing on cost management and strategic partnerships with various OTT platforms to enhance customer engagement.
SEBI panel mulls allowing big firms to list with just 2.5% equity dilution
A Sebi panel is considering a proposal to allow large companies valued over ₹1 lakh crore to dilute only 2.5% of their equity in IPOs, issuing shares worth ₹7,500 crore. This move aims to ease the burden of large public issues and provide exit opportunities for early investors.
CAG estimates on losses to BSNL from RJIL a misinterpretation, correction done: MoS Telecom
The Comptroller and Auditor General of India's initial loss estimates for BSNL due to Reliance Jio were based on a misinterpretation of an add-on technology clause, which has since been rectified. BSNL has issued revised invoices to RJIL, ensuring no revenue loss to BSNL or the government. The government has taken measures to prevent such lapses in the future.
Jio Platforms Q1 profit rises 25% to Rs 7,110 crore as 5G, broadband user base grows
Jio Platforms reported a 25% YoY rise in Q1FY26 net profit to ₹7,110 crore, led by strong 5G and broadband user growth. Revenue rose 19% YoY to ₹35,032 crore. Subscriber additions and higher ARPU drove performance amid rising digital consumption.
Reliance shares fall 2% as Jio IPO pushed beyond 2025, retail listing delayed further
Reliance Industries shares fell nearly 2% after reports emerged that the highly anticipated IPOs of Reliance Jio Platforms and Reliance Retail have been delayed. Jio’s listing, expected in 2025, is now postponed, raising concerns over the group’s monetisation timeline for key consumer businesses.
Ambani's Reliance Jio delays India IPO, 2025 listing not on cards: Sources
Reliance Jio Platforms, spearheaded by Mukesh Ambani, has postponed its highly anticipated IPO, initially valued at over $100 billion, aiming to bolster revenue, expand its subscriber base, and further develop its digital offerings. The company seeks to mature its business before proceeding with the stock market launch, with no bankers appointed yet for the offering.
Mobile bills may rise further as telcos keep adding subscribers
Mobile tariffs in India are anticipated to increase by 10-12% towards the end of the year, primarily affecting mid- and higher-paying consumers. This potential hike is driven by a significant surge in active subscribers and sustained net user additions.
Vodafone Idea aims for $2.9 billion in loans to bolster network
Vodafone Idea is in talks with lenders, led by State Bank of India, to secure approximately 250 billion rupees in loans. This funding aims to enhance its network infrastructure and improve competitiveness against Reliance Jio and Bharti Airtel. The company seeks to reclaim market share amidst subscriber losses, with potential government relief on dues possibly aiding their financial position.
Reliance Jio Infocomm hands out up to 15% salary hikes to its top performers
Jio has increased salaries of the top performers among its junior and middle level managers by 15% while highfliers have got a 10% raise.
Rajan Mathews refuses to apologise to Reliance Jio Infocomm
Mathews also ruled out any immediate overhaul in the proportionate voting rules of the industry association as demanded by the Mukesh Ambani-backed 4G entrant.
Reliance Jio raises Rs 3,500 crore via debentures
The company said redemption date for 5-years debentures is January 21, 2020 and for 10-years debentures is January 21, 2025.
Former Vodafone executive, Reliance Jio Infocomm to launch mobile app 'Billbachao' to cut bill
Two former top executives of Vodafone India and Mukesh Ambani-owned Reliance Jio Infocomm have teamed up to launch Billbachao.
Reliance Jio Infocomm signs deal with Tower Vision
Jio has also tied up with Bharti and Reliance Communications to lease their optic fibre networks, among other passive infrastructure.
Allocate only one million numbers per circle to Reliance Jio: COAI
COAI has asked the Department of Telecom not to give "exclusive" number series to Reliance Jio Infocomm and allocate only 10 lakh numbers in each circle as per guidelines.
Reliance Jio Infocomm to offer fixedline & wireless network services
Reliance Industries-owned Reliance Jio Infocomm will offer fixed and wireless broadband Internet connections when it launches services.
GSM body endorses Trai's recommendations on spectrum charges
COAI has endorsed sectoral regulator Trai's suggestions to implement a flat spectrum usage charge (SUC) on operators, even as Reliance Jio Infocomm has raised issues over the proposal.
KMC gives in-principle nod for Reliance Jio for 4G infrastructure
The Kolkata Municipal Corporation gave in-principle permission to Reliance Jio Infocomm to lay cables for 4G mobile services in the metropolis.
Reliance Jio Infocomm applies for unified licence
Jio Infocomm will have to pay Rs 1,658 crore to the government to comply with the new unified licence guidelines.
Reliance Jio Infocomm, Vodafone & others tie up to construct BBG submarine cable system
The BBG submarine cable system, spanning around 8,000 km, will link Malaysia and S'pore to the Middle East with connections reaching out to India and Sri Lanka.
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