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Reliance industries report profit of Rs 10,251 crore for October-December quarter

Reliance’s Jio posted a nearly 65 percent jump in profit to 8.31 billion rupees ($117 million).
Reliance Industries on Thursday posted a record quarterly profit, driven by growth in its petrochemicals and refining business, while its telecoms group Jio notched up a fifth consecutive profitable quarter.(Reuters File Photo)
Reliance Industries on Thursday posted a record quarterly profit, driven by growth in its petrochemicals and refining business, while its telecoms group Jio notched up a fifth consecutive profitable quarter.(Reuters File Photo)
Updated on Jan 18, 2019 12:08 AM IST
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Reuters | ByAgencies

TRAI slaps fine on Jio, Airtel, Vodafone, others for not meeting service quality norms in March quarter

The Telecom Regulatory Authority of India (Trai) had tightened the rules and asked players to abide by its new quality of service (QoS) benchmarks from October 1, 2017.
The latest assessment reflects how the operators have fared between January and March 2018 on Trai’s new service quality benchmarks(File Photo)
The latest assessment reflects how the operators have fared between January and March 2018 on Trai’s new service quality benchmarks(File Photo)
Updated on Sep 09, 2018 08:06 PM IST
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New Delhi | ByPress Trust of India

Row over ‘on-paper’ Jio institute: Conditions apply, says government

The Jio Institute was on the elite list of six institutes announced by Union human resources minister Prakash Javadekar in a series of tweets Monday along with two IITs, the Indian Institute of Science and two others.
Many people asked human resources development minister Prakash Javadekar on Twitter about Jio Institute’s credentials.(PTI Photo)
Many people asked human resources development minister Prakash Javadekar on Twitter about Jio Institute’s credentials.(PTI Photo)
Updated on Jul 10, 2018 04:17 PM IST
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Hindustan Times, New Delhi | ByHT Correspondent

Airtel, Idea shares fall as Jio unveils new 199 postpaid plan

hares of Idea fell as much as 8.1% to their lowest since February 2011, while Airtel declined about 5.8%.
Traffic travels past a billboard for Reliance Jio Infocomm Ltd. in the Bandra area of Mumbai, India.(Bloomberg via Getty Images)
Traffic travels past a billboard for Reliance Jio Infocomm Ltd. in the Bandra area of Mumbai, India.(Bloomberg via Getty Images)
Updated on May 11, 2018 11:21 AM IST
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Reuters | ByReuters

Not obligated to provide interconnectivity to Jio: Vodafone to Delhi High Court

The submission by Vodafone was made while challenging telecom regulator TRAI’s recommendation to the Centre to impose 1,050 crore penalty on it for not giving interconnectivity to Jio.
TRAI has recommended imposition of a fine of <span class='webrupee'>₹</span>50 crore for each of the 21 circles of Vodafone, except in Jammu and Kashmir, which totals <span class='webrupee'>₹</span>1,050 crore.(REUTERS File Photo)
TRAI has recommended imposition of a fine of 50 crore for each of the 21 circles of Vodafone, except in Jammu and Kashmir, which totals 1,050 crore.(REUTERS File Photo)
Published on Apr 24, 2018 07:47 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Not obligated to provide interconnectivity to Reliance Jio, Vodafone tells HC

The submission by Vodafone was made during the hearing of the company’s plea challenging TRAI’s recommendation to the Centre to impose 1,050 crore penalty on it for not giving interconnectivity to Jio.
A man casts silhouette onto an electronic screen displaying logo of Vodafone India in Mumbai.(Reuters File)
A man casts silhouette onto an electronic screen displaying logo of Vodafone India in Mumbai.(Reuters File)
Updated on Apr 24, 2018 07:26 PM IST
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Press Trust of India, New Delhi | ByPress Trust of India

Jio profitability story rosier with 6 months of sales packed in a quarter

Deloitte Haskins & Sells is expected to disclose audited results for Jio this week. A wholesale change is not expected, but any shift in approach could puncture the profitability story that Reliance has been trumpeting in India.
By March 2017, Jio had signed more than 100 million users, or roughly 9% of the market.(Aniruddha Chowdhury/Mint)
By March 2017, Jio had signed more than 100 million users, or roughly 9% of the market.(Aniruddha Chowdhury/Mint)
Updated on Apr 24, 2018 01:34 PM IST
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Bloomberg | ByGreg Farrell, Matt Robinson and Bhuma Shrivastava

Jio 4G download speed more than twice as high as that of Airtel in January: TRAI

Jio’s 4G download speed at 21.3 mbps was more than two times of rival Bharti Airtel’s average peak speed of 8.8 mbps in January, according to a TRAI report.
Jio’s 4G download speed was more than two times of rival Bharti Airtel’s average peak speed of 8.8 mbps in the reported month.(Bloomberg via Getty Images)
Jio’s 4G download speed was more than two times of rival Bharti Airtel’s average peak speed of 8.8 mbps in the reported month.(Bloomberg via Getty Images)
Published on Mar 29, 2018 05:54 PM IST
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Press Trust of India, New Delhi | ByHT Correspondent
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