Driven by investors’ interest, the shares of Vodafone Idea have surged by 14% in 7 trading sessions, to a high of Rs 7.49 hit on the BSE in today’s trade. This comes even as the company witnessed a loss of market share as well as active subscribers in the month of May. On the performance … Read more
Given the bearish momentum in the secondary markets, IPOs are seeing a slowdown with just 1 SME issue slated to open next week. Apart from this, the Street will also see 4 listings, again all of them on the SME platforms of the exchanges. Despite the lull in the primary market currently, analysts expect the … Read more
One could say that Reliance Industries Ltd’s attempt to rejuvenate Dalal Street investors with the introduction of 4G-featured JioBharat mobile phone somewhat failed, as the euphoria around it fizzled out too soon. The stock of RIL which rose to a six-month high on Tuesday, erased all of the gains and closed in the red. On … Read more
Reliance Industries arm Reliance Jio‘s net profit rose 13% to Rs 4,716 crore for the quarter ended March, beating estimates by a healthy margin. An ET Now Poll has pegged the profit figure at Rs 4,666 crore The profit was Rs 4,173 crore in the same period last year. Jio reported its slowest profit and … Read more
“The internet will soon cost lesser than the price of a vada pav,” roared Mukesh Ambani in September 2016 at the launch of Reliance Jio, the latest telecom entrant in an overcrowded market. One gigabyte of data used to cost about Rs225 in those days, and vada pav, Rs12. Fast forward a few years – … Read more
Traditionally, the September quarter is a seasonally weak one for the telecom industry. But, the last quarter of the current financial year has not conformed to the trend, proving to be favourable for most of the companies. Higher number of days in the last quarter, lower spectrum usage charges, tariff hikes, and lower fuel costs … Read more
JioPhone Next is now available for purchase via the Reliance Digital website for the first time since the affordable smartphone was launched earlier this month. It was previously accessible to customers via JioMart, after registering to purchase the handset. JioPhone Next features the Snapdragon 215 SoC, a 5.45-inch screen, and a 13-megapixel rear camera. Buyers … Read more
JioBook powered by MediaTek MT8788 SoC has been reportedly appeared on Geekbench. The listing is said to have the laptop running 2GB RAM and Android 11. Previously, the laptop was spotted on the Bureau of Indian Standards (BIS) certification website with three different model numbers suggesting multiple variants. Specifications of the device tipped earlier suggest … Read more
MUMBAI: The template is this, Reliance Jio announces or launches something bold and daring, and investors of and Vodafone Idea run for cover. The announcement of the launch of the JioPhone Next with its attractive price point was one such. However, unlike the past when such an announcement would freak out the investors of the … Read more
JioPhone Next, the budgeted entry-level smartphone from Reliance and Google, has finally been launched in India. The handset will be available from Diwali and its pricing details have been revealed. Reliance has announced easy EMI plans that allow customers to buy the phone for as low as Rs. 1,999. These EMIs start from as low … Read more