Reliance Jio Registers 13% Rise In March Quarter Profit

[ad_1] Jio’s revenue from operations climbed 11.9% to 233.94 billion rupees.(File) Bengaluru: Reliance Jio Infocomm Ltd, the telecom arm of Indian billionaire Mukesh Ambani’s Reliance Industries Ltd, reported a 13% rise in fourth-quarter profit today, led by the sustained growth in its user base. Jio, India’s biggest telecom carrier by subscribers, said net profit rose … Read more

Apple CEO Tim Cook Gifted Vande Bharat Express Scale Model By Railway Minister

[ad_1] Apple CEO Tim Cook is on his visit to India to inaugurate India’s first Apple stores in Mumbai and Delhi. On Wednesday, he was in Delhi to inaugurate the company’s first brand showroom in Delhi’s Saket Mall. Later, he met various ministers of the Indian government, including Prime Minister Narendra Modi, Union Minister of … Read more

Reliance Jio Infocomm Raises $2 Billion Forex Loan: Report

[ad_1] The $3 billion financing closed on March 31 and the add-on facility of $2 billion was secured on Tuesday. New Delhi: Reliance Industries Ltd and its telecom arm Jio Infocomm have raised a total of $5 billion in back-to-back foreign currency loans, the largest syndicated loan in India’s corporate history, sources said. Reliance last … Read more