Monday, 17 January, 2022
TopicJio

Topic: Jio

Mukesh Ambani’s Reliance Jio plans its biggest-ever rupee bond sale in debt market

Jio is seeking commitments for as much as Rs 5,000 crore of notes maturing in 5 years at a coupon of 6.20%. The firm last tapped the rupee bond market in July 2018.

Jio follows Airtel & Vodafone Idea to raise tariffs, mobile plans to cost 20% more now

The sector-wide tariff hike underscores that the bruising price war since Jio’s entry in 2016 is phasing out and will reduce financial stress for Airtel and Vodafone Idea Ltd.

Why JioPhone Next could be a letdown of Mukesh Ambani’s vision to make India 2G-mukt

Jio and Google have launched the JioPhone Next, which will be available in stores from Diwali onwards, at a price of around Rs 6,499. 

It’s here — an ultra-affordable 4G smartphone ‘built for India’ by Google & Jio

JioPhone Next will run a re-engineered version of Android operating system & deliver translation features, a voice assistant & a great camera, Sundar Pichai said.

India has got record FDI this year despite pandemic. But it’s largely due to one company

In the first half of this fiscal, tech sectors attracted a bulk of the FDI, but govt is hopeful that some of its decisions will attract inflows into other sectors too.

Viral images of ‘Jio’ bags of wheat trigger boycott call on Twitter, but Reliance logo is fake

Twitter users share photos of bags of wheat bearing Reliance Jio name, comment on how farmers' protest is justified. However, company is strictly a digital arm of Reliance Group.

Why the world is out to de-fang Facebook, Amazon, Apple, Netflix and Google

Europe & US seem set on curbing the dominance of FAANG firms. There’s limited debate in India, where almost all of them have done deals with Jio.

Jio and Facebook can drive India to achieve its $5 tn economy goal — Mukesh Ambani

In conversation with Facebook CEO Mark Zuckerberg, Mukesh Ambani talked about Facebook and Jio's partnership and explained how it will benefit India in the long run.

Mukesh Ambani’s Jio teams up with Qualcomm to ready 5G solutions for India

Jio teaming up with Qualcomm for 5G leaves the company immune to political disputes linked to Chinese equipment vendors that global operators are embroiled in.

Vodafone Idea plans to raise $1.5 billion to revive business, days after relief from SC

The telecom operator is working to identify potential investors in US & could also raise part of the funds through other methods such as an offering of equity-linked securities.

On Camera

YourTurn

RBI proposes changes to valuation of bank investments, relaxing of investment class rules

A Reserve Bank of India discussion paper Friday suggested removing caps on the Held-To-Maturity class of securities, and allowing more types of instruments to be held within them.

Defence

File photo of Indian and Chinese troops disengaging from the banks of the Pangong lake area in eastern Ladakh | ANI

These Chinese fears about India ‘choking’ key road are holding up Hot Springs disengagement

A 13-hour meeting of Indian and Chinese military commanders held last week ended without an agreement, and further talks are expected to be held.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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