Reliance Jio today reported Rs. 6,147 crore revenue and a net loss of 270.59 crore for its first quarterly financial performance for the period that ended 30th September, 2017. It reported Standalone earnings before interest, tax, depreciation and amortisation (EBITDA) of 1,443 crore and EBITDA margin of 23.5%, and Standalone earnings before interest and tax (EBIT) of 260 crore and EBIT margin of 4.2%. Consolidated value of services stood at 7,213 crore. Continue reading “Reliance Jio reports Rs. 6147 crore revenue for Q2 FY17, has over 138.6 million customers”
The first image of a VoLTE feature phone from Jio surfaced earlier this year. Now a new LYF branded Jio VoLTE feature phone has surfaced in images. We still don’t know the final name of the phone, but TechPP that got hold of the images of the phone says that the phone runs KAI OS, a forked version of HTML5-based Firefox OS that was killed by Mozilla last year. Continue reading “Reliance Jio Lyf 4G VoLTE feature phone surfaces in live images”
Reliance Group launched Unlimit back in November last year as the first dedicated IoT (Internet of Things) business unit of any telecom operator in India. Today it has announced that it has partnered with Cumulocity, one of the global leading IoT software providers to launch ‘Enablement’ platform to roll out a suite of new products and services. Continue reading “Reliance Group’s Unlimit launches Enablement — First Indian IoT application platform in partnership with Cumulocity”
Reliance Capital has sold its nearly 1% stake in Paytm for Rs 275 crore to China-based e-commerce giant Alibaba group. The financial services arm of Anil Ambani-led group had invested Rs 10 crore for this stake in Paytm.
Continue reading “Reliance Capital sells Paytm stake for Rs. 275 cr to Alibaba”
Reliance Industries Chairman and Managing Director, Mukesh Ambani recently announced that Jio had crossed 100 million customers and launched Jio Prime membership. Jio Prime is basically an annual membership scheme for Jio users, which will enable them to enjoy a host of services for a nominal charge of INR 99 per year. Continue reading “How to get Jio Prime membership offer”
Reliance Jio is the second largest telecom player in India, according to a latest Truecaller Insight. The newest entry in the telecom sector responsible for the disruption has a 23% market share. Continue reading “Reliance Jio has second largest user base with 23% market share: Truecaller study”
Reliance Jio is gearing up to make LYF phones in India. The company has asked Chinese and Taiwanese device makers along with Foxconn to manufacture LYF VoLTE smartphones, smart set-top boxes, home automation and automobile telematics devices in the country, according to latest report from the Economic Times. Continue reading “Reliance Jio asks Foxconn to make LYF smartphones, other products in India”
Reliance Retail has launched Lyf Water 3, the company latest smartphone with 4G VoLTE support. It packs a 5.5-inch HD display, is powered by an Octa-Core Snadpragon 615 SoC with 2GB of RAM, has a 13-megapixel rear camera with LED, f/2.0 aperture and a 5-megapixel front-facing camera, but it runs on Android 5.1 (Lollipop). Continue reading “LYF Water 3 with 5.5-inch HD display, 2GB RAM, 4G VoLTE launched for Rs. 6599”
Reliance Retail launched LYF F1S, one of the cheapest Android smartphones powered by Snapdragon 652 processor at a competitive price tag of Rs. 10,099 earlier this week exclusively on Ajio. This directly competes with the Xiaomi Redmi Note 3, which is one of the popular smartphones in the price range. We have compiled a quick comparison between to two that will make it easier for you to choose the ideal one for you. Continue reading “LYF F1S vs Xiaomi Redmi Note 3 – What’s Different”
Telecom Regulatory Authority of India (TRAI) has questioned Reliance Jio to explain why extension of its free voice and data plan should not be seen as violation of existing regulations requiring promotional offers to be limited to 90 days. Reliance Jio has sought additional time till December 29 to respond to TRAI’s query.
Continue reading “TRAI questions Reliance Jio over extended offer for free services, Jio seeks time till Dec. 29”
Reliance Retail has launched LYF F1S, the company’s latest smartphone in the LYF F1 series. It packs a 5.2-inch 1080p 2.5D curved glass display, is powered by an Octa-Core Snapdragon 652 processor and runs on Android 6.0 (Marshmallow). It has a 16-megapixel rear camera with dual-tone LED flash and a 5-megapixel front-facing camera that also comes with LED flash.
Continue reading “LYF F1S with 5.2-inch 1080p display, Snapdragon 652, 16MP camera, 4G VoLTE launched for Rs. 10099”
Reliance Retail has launched Wind 7S, a variant of the Wind 7 that was launched back in August. It has 4G VoLTE (Voice over LTE), dual-SIM support, 5-inch HD display, Snapdragon 210 SoC, 8-megapixel rear camera and a 5-megapixel front-facing camera, similar to the Wind 7, but this runs on Android 6.0 (Marshmallow), compared to Android 5.1 (Lollipop).
Continue reading “LYF Wind 7S with 5-inch HD display, 2GB RAM, 4G VoLTE launched for Rs. 5699”
Reliance Retail had launched LYF F1 smartphone featuring 4G VoLTE support at Rs. 13,399 back in December. Here we have the unboxing of the smartphone. Continue reading “Reliance LYF Water F1 Unboxing”
Reliance Industries Chairman Mukesh Ambani has announced Jio Money merchant solution that is aimed to enable digital transactions of all types ranging from small shops to restaurants. The solution is claimed to be available across millions of touchpoints in the country.
Continue reading “Reliance Jio Money Merchant solution launched”
In a bid to compete with Jio, Reliance Communications has launched a new plan that offers unlimited voice calls for Rs. 149 per month. Customers can make unlimited calls to any phone on any telecom network across the country, including STD calls under this new plan. Continue reading “RCom launches Rs. 149 plan with unlimited voice calling and 300MB data”