Reliance Jio’s comments part of submissions made to TRAI in response to its consultation paper on regulation and selective banning of OTT apps instead of complete internet shutdown.
BNP Paribas will provide $1.9 billion-$2 billion over a nine-month period, during which the telecom company will pay back Ericsson, BNP and some other banks, the newspaper said.
Jio said that prepaid customers will have the option to avail Netflix subscriptions through 2 packages: one priced at Rs 1,099 for mobile phones and the other at Rs 1,499 for screens.
The stock will be included in major Indian indices, including the benchmark Nifty 50, but will not trade until it is listed, possibly in the upcoming annual general meeting.
The telecom arm of Reliance Industries snapped up airwaves worth $11 billion in a 5G spectrum auction last August and had launched 5G services in several cities.
The stakes are high for Elon Musk as his push comes after a 2021 attempt to launch Starlink in India ran afoul of local regulators for taking bookings without a license.
While telcos and service providers have been encouraging consumers to buy 5G phones, the rollout of the technology will prioritise enterprises over consumers.
India's biggest telecom carrier by subscribers said net profit rose to Rs 4,518 crore ($545.2 million) in the second quarter ended September, from Rs 3,528 crore a year ago.
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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