Sat, Apr 29, 2017 | updated 10:52 AM IST

Reliance announces Jio, lays emphasis on digital initiative

Updated: Sep 01, 2016 11:52 IST      
Reliance announces Jio, lays emphasis on digital initiative

New Delhi [India], Sept. 1 (ANI): The country's largest private sector firm by revenue and profits Reliance Industries at its 42th annual general meeting announced its most anticipated telecom venture, the 'Reliance Jio', in which the company has invested about USD 50 billion.

"Thank you for the unflinching trust in the company. Today I start with the youngest member of the Reliance family, Jio," said RIL chairman Mukesh Ambani.

"Jio is dedicated to PM Modi's Digital India dream," said Ambani stating that the world is at the beginning of the digital revolution, where India is ranked at 155th position of Mobile Internet Accessibility.

"Jio is a data-strong network built to serve the needs of a digital India. It will cover 90 percent of India's population with 4G coverage by March 2017," he added.

"Offering the most lowest data rates anywhere in the world, Jio is the future proof for 5G, 6G," said Ambani.

Announcing the data tariffs, Ambani said the rates will go down further as usage for Jio increases.

"These will be the lowest data rates anywhere in the world. No voice call will ever be charged on the Jio network along with free roaming," announced Ambani.

The RIL chairman also said the customers, who have signed up already will get complementary access to the Jio ecosystem worth Rs. 15,000 till December 2017. (ANI)

Direct Create looking to expand its employee base

Updated: Apr 29, 2017 09:17 IST     

New Delhi [India], Apr 29 (ANI): Direct Create, a collaboration-based community platform built to rapidly scale the handmade sector on Friday announced its plans to bring in an additional 1000 makers along with a count of over 200 designers in the coming quarter.

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Amazon, Rocking Deals collaborate to sell refurbished phones

Updated: Apr 29, 2017 09:06 IST     

New Delhi [India], Apr 29 (ANI): E-commerce platform Amazon on Friday announced its partnership with Rocking Deals for the sale of refurbished phones within its 'seller warranty.'

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New Delhi [India], Apr 29 (ANI): Mobile and desktop advertising network AppsDiscover Technologies Pvt. Ltd on Friday announced the appointment of Muhammad Jumhari as the Country Head-Indonesia.

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CBDT inks two APAs with taxpayers

Updated: Apr 28, 2017 20:28 IST     

New Delhi [India], Apr.28 (ANI): The Central Board of Direct Taxes (CBDT) has signed two Unilateral Advance Pricing Agreements (APAs) with Indian taxpayers, strengthening the government's commitment to fostering a non-adversarial tax regime

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UK Iridium brings best of world to Kandivali

Updated: Apr 28, 2017 19:58 IST     

Mumbai [India], Apr 28 (ANI-Businesswire India):At a time when homes in Mumbai are getting more and more unaffordable, comes a breath of fresh air. Right in the heart of this bustling city, is an oasis of peace and comfort. Luxurious homes that are grand like your dreams, and well priced to suit your pockets! UK Iridium, a magnificent dream by UK Realty, brings you a 3.5 acres property that you can now call home!

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New Delhi [India], Apr 28 (ANI-NewsVoir): Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises, Government of India, in collaboration with PHD Chamber and ONGC is organising a mega CSR Fair and Thematic Conferences from 4th to 6th May, 2017 at Pragati Maidan, New Delhi.

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H1B Visa issue might trouble India, says Arvind Subramanian

Updated: Apr 28, 2017 18:37 IST     

New Delhi [India], Apr 28 (ANI): Chief Economic Advisor Arvind Subramanian on Friday expressed his concern over the H1B Visa issue, saying that if we start getting restrictions on the visa then it is going to be a problem for India.

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New Delhi [India], Apr 28 (ANI-NewsVoir): OTTOEDGE, a full service automotive marketing agency based in India has been assigned as the official Creative, Digital and Media agency by MAN Trucks India which is a 100 percent subsidiary of MAN Truck and Bus AG, Germany, the world's leading manufacturer of trucks and buses.

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New Delhi [India], Apr 28 (ANI-NewsVoir): IndianBlueBook (IBB), the industry-first 'pricing and analytics' platform for new and pre-owned vehicles in India, today released its study "Residual Value Analysis of the Luxury Car Segment in India - 2017."

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New Delhi [India], Apr 28 (ANI-NewsVoir): Spaces, Amsterdam-born creative workspace pioneer, has launched its first location in Gurugram. Located in Cyber City, the newly launched facility marks the company's first Indian entry.

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New Delhi [India], Apr 28 (ANI-BusinessWireIndia): The Ministry of Electronics and Information Technology, Government of India, spearheaded a number of initiatives to promote digital payment solutions and cashless transactions in line with the Prime Minister's Vision of creating a "Digital India."

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OPPLE launches its revolutionary T5 batten

Updated: Apr 28, 2017 16:46 IST     

New Delhi [India], Apr 28 (ANI-NewsVoir): OPPLE, a global integrated lighting solutions company and one of World's Leading LED Lighting brand today unveiled their another revolutionary product, the LED T5 Plastic Batten.

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Washington [United States], Apr 28 (ANI): Price peaks of wheat on the world market are mainly caused by production shocks such as induced for example by droughts, researchers found. These shocks get exacerbated by low storage levels as well as protective trade policies, the analysis of global data deriving from the US Department of Agriculture shows.

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New Delhi [India], Apr 28 (ANI-BusinessWireIndia): Keywa, China's leader in online chemical trading and the pioneer of the Business-to-Platform (B2P) model for resource integration in the global chemical market, today announced plans to establish an IT center for technology research and development in India. Keywa is also evaluating Indian companies for partnerships and investments.

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New Delhi [India], Apr 28 (ANI-NewsVoir): Govt. of Chhattisgarh's Department of School Education and Wadhwani Operating Foundation recently announced a strategic partnership which aims at enhancing employability through the skills-based training program.

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Chennai [Tamil Nadu], April 28 (ANI): In Chennai this week, representatives of 15 companies based in Tamil Nadu were given an overview of the tourism opportunities available in Kazakhstan.

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NSE IPO to get delayed for few months: SEBI Chairman

Updated: Apr 28, 2017 15:55 IST     

New Delhi [India], Apr 28 (ANI): Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi on Friday said that the initial public offering (IPO) of National Stock Exchange of India's (NSE) shares are likely to be delayed, till the allegations of providing unfair access to certain brokers in its co-location platform and a full-time chief executive officer in place resolves.

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New Delhi [India], Apr 28 (ANI-NewsVoir): The Fintech Conference 2017 with the theme - Financial Inclusion 2.0 - The Tipping Point - organized by Digital Lenders Association of India (DLAI) in Mumbai on April 26 will offer a forum for financial and professional exchange of knowledge related to the fintech field.

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New Delhi [India], Apr 28 (ANI-BusinessWireIndia): Pawan Munjal, Chairman, MD and CEO, Hero MotoCorp Ltd., was today felicitated by the All India Management Association (AIMA) for the rapid global expansion of Brand Hero.

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New Delhi [India], Apr 28 (ANI-BusinessWire India): "Time is of the essence," urged Lise Kingo, CEO and Executive Director of the United Nations Global Compact, to an audience of more than 300 local and global leaders from business, finance, civil society, Government and the UN, at the conclusion of the UN Global Compact two-day event, Making Global Goals Local Businesses - India, in New Delhi on Friday.

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