Reliance’s Q3 profit rises 0.5% as weak O2C revenue offsets gains in Jio, Retail| Business News

Net profit of Reliance Industries Ltd. barely grew in the fiscal third quarter as weak oil & gas revenue offset gains in the telecom and retail businesses. Reliance Indusries Chairman Mukesh Ambani. (PTI) Net profit of India’s largest company by market capitalisation rose 0.56% YoY to ₹18,645 crore on revenue that increased 10.51% YoY to […]

BSNL rolls out nationwide WiFi calling in push to counter Reliance Jio, Airtel| Business News

India’s state-backed telecom operator Bharat Sanchar Nigam Ltd. has launched nationwide WiFi calling services, stepping up efforts to retain subscribers and modernise its network against private sector heavyweights. BSNL had 9.25 mobile subscribers and 44.2 lakh wired broadband subscribers in October 2025. (HT) The new service, effective 1 January 2026, allows users across all telecom […]

5G and broadband momentum drives Jio and Airtel| Business News

India’s telecom sector is entering 2026 with unmistakable momentum, with Reliance Jio and Bharti Airtel pulling decisively ahead on the back of consistent 5G adoption, attempts at aggressive home broadband expansion, and strong subscriber additions across mobile and fixed wireless access. Vi, formerly Vodafone Idea, meanwhile remains stuck in decline despite incremental 5G rollouts in […]

Reliance Industries is said to begin work on DRHP for Jio Platforms IPO| Business News

Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to be India’s biggest-ever listing. Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI […]

Jio Platforms IPO valuation seen at a record $170 billion by investment bankers| Business News

Investment bankers are proposing a valuation of as much as $170 billion for Jio Platforms Ltd., according to people familiar with the matter, ahead of what could be a record-breaking initial public offering for Reliance Industries Ltd.’s wireless carrier. Mobile sim card packets for Jio Platforms Ltd., a unit of Reliance Industries Ltd., in Mumbai, […]

Some Reliance Jio users to get free Google Gemini Pro access for 18 months — how to claim| Business News

Reliance Jio has partnered with Google to offer select 5G users free access to Gemini Pro for 18 months. The plan—priced at ₹35,100—will be available to eligible Jio subscribers aged 18-25 through the MyJio app. The tie-up marks a major move by Reliance Jio and Google to bring advanced AI tools to India’s fast-growing 5G […]