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Mukesh Ambani says Jio, RIL to invest Rs 10 lakh crore on AI; believes artificial intelligence won’t kill jobs

Mukesh Ambani at AI Impact Summit Reliance Industries chairman Mukesh Ambani said that the group will bring down the cost of artificial intelligence (AI) in a manner similar to mobile data. The Reliance Group’s venture Jio along with RIL plans to invest Rs 10 lakh cr over the next 7 years starting this year, Mukesh…

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Jio IPO: Company awaits clarity on new SEBI norms; launch likely in first half of 2026

Jio Platforms is waiting for the government to issue final guidelines on SEBI’s proposed changes to IPO rules before finalising its listing plans, a senior company official said. The company’s IPO timeline will depend on when these regulatory details are clarified.SEBI in September approved proposals to relax initial public offering requirements for very large companies…

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RIL Q3 results: Reliance Industries’ net profit rises 0.56% to Rs 18,645 crore; revenue rises 11% as Jio, O2C drive performance

Mukesh Ambani-led Reliance Industries Ltd (RIL) reported largely stable earnings for the December quarter, with consolidated profit inching up marginally even as revenue posted double-digit growth, supported by steady operating performance across its businesses.The conglomerate reported a marginal 0.56 per cent year-on-year rise in consolidated net profit attributable to shareholders at Rs 18,645 crore for…

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Jio dominates November subscriber count with 1.2 million additions; extends lead over Airtel for 9th consecutive month | India News

NEW DELHI: Reliance Jio continued its subscriber growth in November 2025, leading the industry in overall wireless additions and active user gains as per the latest monthly subscription data released by the Telecom Regulatory Authority of India (TRAI).The TRAI data showed that Jio added 1.2 million subscribers, extending its lead over Bharti Airtel for the…

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Airtel, Reliance Jio and Vodafone-Idea to WhatsApp, Snapchat and others: Government is ‘right’ on SIM-binding and seven ‘reasons’ you are ‘wrong’

Late last month, the Department of Telecommunications (DoT) gave messaging platforms like WhatsApp, Telegram, Signal, and Snapchat 90 days to enforce ‘SIM-binding’. With ‘SIM-binding’ in force, these apps will stop working if users remove SIM card originally used for registration. The directive, that will go into effect starting effective February 2026, also mandates that web…

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WhatsApp, Telegram and other OTT companies are ‘upset’ with government over new rule that Airtel, Vodafone-Idea and Reliance Jio have congratulated DoT for

Two of the biggest industry bodies in India — BIF and COAI are fighting again. This time over the government’s new circular mandating SIM Binding for OTT platforms. Broadband India Forum or BIF represents major technology companies such as WhatsApp parent Meta, Google and others; while Cellular Operators Association of India (COAI) is the country’s…

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Tech spectrum tussle: US majors push Wi-Fi use for entire 6GHz band as Jio, Vi seek mobile allocation; Airtel, Qualcomm call for deferment

US technology giants Apple, Amazon, Cisco, Meta, HP and Intel have jointly opposed demands from Reliance Jio and Vodafone Idea to allocate spectrum in the 6GHz band for mobile services, instead urging that the entire band be reserved for Wi-Fi use, reported PTI.In a joint response to Trai’s consultation paper for the next round of…

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