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<ul><li><keyword id="19896911" type="General" weightage="20" keywordseo="Reliance-Jio" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Jio" meta.hostid="261" meta.entityid="Reliance Jio">Reliance Jio</keyword> has announced the Diwali Dhammaka offer ahead of the festive season.</li><li>The <keyword id="23214173" type="General" weightage="100" keywordseo="Diwali-Dhamaka" source="keywords">Diwali Dhamaka</keyword> offer provides a year of <keyword id="23217340" type="General" weightage="20" keywordseo="free-JioAirFiber" source="keywords">free JioAirFiber</keyword> to eligible customers.</li><li>Here’s everything you need to know about the Diwali Dhamaka offer from Reliance Jio.</li></ul>Mukesh Ambani-led Reliance Jio has announced its 'Diwali Double Dhamaka' offer, offering customers a year of free <a href="https://www.businessinsider.in/business/telecom/news/jioairfiber-launched-in-metros-plans-and-benefits-versus-the-airtel-xstream-airfiber/articleshow/103804858.cms">JioAirFiber</a> service. The festive promotion from the telco is available at all <keyword id="20206613" type="General" weightage="20" keywordseo="Reliance-Digital" source="keywords" meta.keywordsubtype="org" meta.entityname="Reliance Digital" meta.hostid="261" meta.entityid="Reliance Digital">Reliance Digital</keyword> stores nationwide and is set to run from September 18 to November 3, 2024. <h2>How to avail the Diwali Dhamaka offer</h2>Customers who spend ₹20,000 or more at any Reliance Digital or MyJio store will qualify for one year of complimentary <keyword id="20579875" type="General" weightage="20" keywordseo="JioAirFiber" source="keywords">JioAirFiber</keyword>. The offer is applicable to both new and existing <keyword id="20282548" type="General" weightage="20" keywordseo="JioFiber" source="keywords">JioFiber</keyword> and JioAirFiber customers. <div type="Article" hostid="261" msid="103804858" title="JioAirFiber launched in metros – plans and benefits versus the Airtel Xstream AirFiber" mstype="2" mssubtype="0"></div> New customers must either spend ₹20,000 or more at any Reliance Digital or MyJio store or subscribe to a 3-month Diwali plan for ₹2,222 when setting up their JioAirFiber connection. Current JioFiber and JioAirFiber users can participate by subscribing to a one-time advance recharge of ₹2,222 for the 3-month Diwali plan. <h2>Diwali Dhamaka benefits</h2>You will receive 12 coupons, each matching the value of your active JioAirFiber plan, redeemable monthly from November 2024 to October 2025. Each coupon can be redeemed within 30 days of issuance at any Reliance Digital, My Jio store, JioPoint, or JioMart Digital exclusive store on your next purchase of electronics worth over ₹15,000. <h2>JioAirFiber features</h2>JioAirFiber, is the latest offering from Reliance Jio in the country. The company has introduced several plans for the service. JioAirFiber uses 5G technology to offer broadband services. This includes the installation of an outdoor unit on your rooftop and a wireless router. JioAirFiber has been priced starting at ₹599 and goes up to ₹3,999 per month. In addition to the internet, the plans come with benefits such as access to over 550 digital channels and 14 OTT apps. The company’s premium plans also come with Netflix, Amazon Prime and JioCinema Prime subscriptions. SEE ALSO: <a href="https://www.businessinsider.in/business/ecommerce/news/amazon-great-indian-festival-sale-to-begin-on-september-27/articleshow/113445238.cms">Amazon Great Indian Festival sale to begin on September 27</a> <a href="https://www.businessinsider.in/business/auto/news/triumph-speed-t4-launched-in-india-with-a-price-tag-of-2-17-lakh/slidelist/113429766.cms">Triumph Speed T4 launched in India with a price tag of ₹2.17 lakh</a> <a href="https://www.businessinsider.in/tech/mobile/news/xiaomi-and-samsung-accused-of-colluding-with-amazon-and-flipkart/articleshow/113381204.cms">Xiaomi and Samsung accused of colluding with Amazon and Flipkart</a>

Reliance Jio announces Diwali Dhamaka offer – Get JioAirFiber free for one year

<ul><li>The <keyword id="14841109" type="General" weightage="100" keywordseo="jioairfiber" source="Orion">JioAirFiber</keyword> service has been launched in eight cities across India.</li><li>The JioAirFiber, which uses 5G technology is priced starting at ₹599 per month.</li><li>We look at JioAirFiber’s plans, benefits and compare it with <keyword id="18056949" type="General" weightage="80" keywordseo="airtel-xstream-airfiber" source="Orion">Airtel Xstream AirFiber</keyword>.</li></ul> Billionaire Mukesh Ambani-led <keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> has launched the JioAirFiber, its latest offering in the country. The company has introduced several plans for the service, offering additional benefits with the plans. The JioAirFiber was announced at the company’s annual general meeting (AGM) last month and has finally been launched across eight cities. This will take on <keyword id="15491" type="General" weightage="80" keywordseo="airtel" source="Orion">Airtel</keyword>’s Xstream AirFiber that was launched recently. For those unaware, JioAirFiber uses 5G technology to offer broadband services. This includes the installation of an outdoor unit on your rooftop and a wireless router. <cmsannotation type="cmsannotation" annotationid="JioAirFiber Plans" comment="subhead" text="JioAirFiber Plans"><keyword id="18844453" type="General" weightage="20" keywordseo="JioAirFiber-plans" source="Orion">JioAirFiber Plans</keyword></cmsannotation> JioAirFiber has been priced starting at ₹599 and goes up to ₹3,999 per month. In addition to the internet, the plans come with benefits such as access to over 550 digital channels and 14 OTT apps. The company’s premium plans also come with Netflix, Amazon Prime and JioCinema Prime subscription. The JioAirFiber connection comes with a 4K set top box and a WiFi router. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Price </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Speed </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">OTT </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹599 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">30 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹899 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">100 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1,199 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">100 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹1,499 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">300 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹2,499 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">500 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹3,999 </td><td style="border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">1,000 Mbps </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">14 apps + Premium apps </td></tr></tbody><tbody></tbody><tbody></tbody></table> As mentioned above, the premium apps include Netflix, Amazon Prime and JioCinema Prime. <cmsannotation type="cmsannotation" annotationid="JioAirFiber availability" comment="subhead" text="JioAirFiber availability">JioAirFiber availability</cmsannotation> The JioAirFiber is currently available in eight cities: <ul><li>Ahmedabad</li><li>Bengaluru</li><li>Chennai</li><li>Delhi</li><li>Hyderabad</li><li>Kolkata</li><li>Mumbai</li><li>Pune</li></ul><cmsannotation type="cmsannotation" annotationid="Jio AirFiber vs Airtel Xstream AirFiber" comment="subhead" text="Jio AirFiber vs Airtel Xstream AirFiber">Jio AirFiber vs <keyword id="8052861" type="General" weightage="80" keywordseo="airtel-xstream" source="Orion">Airtel Xstream</keyword> AirFiber</cmsannotation> Unlike Jio, Airtel has only introduced a single plan at the moment. The company has introduced a six-month plan that is priced at ₹799 per month. On top of this, users will have to pay an additional ₹2,500 security. The Airtel Xstream AirFiber plan offers speeds of up to 100 Mbps. It competes with Jio’s ₹899 plan. The Airtel plan is currently available in Delhi and Mumbai. Unlike Jio’s plans, the Airtel Xstream AirFiber does not come with access to OTT apps or digital channels. If you are looking for a 100 Mbps plan without any subscriptions, you can go with Airtel’s plan, which is slightly cheaper. However, Jio’s plans offer better benefits and allow you to change your speeds based on your needs. SEE ALSO: <a href="https://www.businessinsider.in/tech/news/new-google-bard-allows-you-to-search-gmail-work-docs-and-more/articleshow/103800570.cms">Bard gets access to Google Apps – You can now search your Gmail or Docs for information</a> <a href="https://www.businessinsider.in/tech/mobile/news/samsung-galaxy-z-fold-5-review-price-and-features/articleshow/103760937.cms">Samsung Galaxy Z Fold 5 review – The foldable segment’s bar raised</a> <a href="https://www.businessinsider.in/tech/mobile/news/iphone-14-iphone-13-get-a-price-cut-how-to-own-one-with-an-additional-discount/articleshow/103693944.cms">iPhone 14, iPhone 13 get a price cut – How to buy one with an additional discount</a>

JioAirFiber launched in metros – plans and benefits versus the Airtel Xstream AirFiber

<keyword id="19906886" type="General" weightage="20" keywordseo="jio" source="keywords">Jio</keyword> continues the tradition of <keyword id="20440185" type="General" weightage="20" keywordseo="valentine" source="keywords">Valentine</keyword>'s Day banter with competition. In a bold and cheeky move this Valentine's Day, Jio has extended an unexpected invitation to <keyword id="19896909" type="General" weightage="20" keywordseo="airtel" source="keywords">Airtel</keyword> 'Ex'stream' users, playfully asking them to "switch to love" implying moving on to JioAirFiber. Under the guise of a romantic proposition, Jio's tweet cleverly uses the love language to propose that heart is where the home is and home is where JioAirFiber is. February 14 every year is celebrated as Valentine's Day. "Dear @airtelindia users, This Valentine's, don't ignore the 'RED' flags in your relationship. It's time to move on from your 'Ex'-stream. Here's my number 60008-60008. Call me maybe," Reliance Jio posted on X, tagging Airtel India's X handle. Needless to say the 'RED' flag in the tweet implies the red color of Airtel nudging its users to make Airtel its 'Ex' and choose JioAirFiber over <keyword id="20371132" type="General" weightage="20" keywordseo="xstream" source="keywords">Xstream</keyword>. The tweet has sparked a flurry of reactions across social media platforms, blurring the lines between a marketing pitch and a genuine challenge to its rival. This creative approach by Jio not only capitalizes on the spirit of Valentine's Day but also nudges a competitive edge over Airtel, suggesting that never ignore the Red flags in love and network choices. The inclusion of a direct contact number, alongside playful hashtags, adds a personal touch to the challenge, inviting users to reconsider their current network provider in favor of Jio's services. Last year, with 5G being the talk of the town, Jio's cheeky tweet on valentine's day was about choosing 'True' love and not settling with a 'Plus' one. The industry observers watch closely the evolving dynamics of telecom rivalry and customer engagement strategies. Is it merely a playful jest, or does it signify a deeper strategic challenge? Either way, Jio's Valentine's Day tweet has undoubtedly added an intriguing twist like always in the past to the tale of telecom giants, blending romance with rivalry in the spirit of competition and choice. In addition, RIL posted Valentine day invitation inviting social media users to show love by liking, following and subscribing to RIL on YouTube, X, Instagram, LinkedIn, and Facebook. SEE ALSO:<a href="https://www.businessinsider.in/tech/news/using-ai-to-impress-someone-this-valentines-nearly-50-say-they-will-be-offended/articleshow/107656212.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/news/using-ai-to-impress-someone-this-valentines-nearly-50-say-they-will-be-offended/articleshow/107656212.cms" target="_blank">Using AI to impress someone this Valentine’s? Nearly 50% say they will be offended</a><a href="https://www.businessinsider.in/tech/mobile/news/poco-oneplus-top-indian-smartphone-shipment-growth-but-overall-reading-flat/articleshow/107681294.cms" target="_blank"></a> <a href="https://www.businessinsider.in/tech/mobile/news/poco-oneplus-top-indian-smartphone-shipment-growth-but-overall-reading-flat/articleshow/107681294.cms" target="_blank">Poco, OnePlus top Indian smartphone shipment growth but overall reading flat</a><a href="https://www.businessinsider.in/stock-market/news/entero-healthcare-solutions-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/107664277.cms" target="_blank"></a> <a href="https://www.businessinsider.in/stock-market/news/entero-healthcare-solutions-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/107664277.cms" target="_blank">Entero Healthcare Solutions IPO allotment – How to check allotment, GMP, listing date and more</a>

Love is in the air:  Jio asks out Airtel users on a Valentine's date

<keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> Infocomm Limited, a leading name in India's telecommunications sector, has unveiled <keyword id="19283546" type="General" weightage="100" keywordseo="JioSpaceFiber" source="Orion">JioSpaceFiber</keyword>, the country's first satellite-based gigabit broadband service, marking a step in connecting remote regions of India with high-speed internet. According to a press release by Reliance <keyword id="2003276" type="General" weightage="80" keywordseo="jio" source="Orion">Jio</keyword>, this launch was showcased at the India Mobile Congress on Friday, as Reliance Jio seeks to extend high-speed broadband services to areas that were previously inaccessible. JioSpaceFiber will soon be available throughout India at highly competitive prices. Reliance Jio already serves more than 450 million Indian consumers with high-speed broadband services, and with the introduction of JioSpaceFiber, it aims to make digital inclusivity a reality for every household. This satellite-based service, added to its existing offerings of <keyword id="3690255" type="General" weightage="50" keywordseo="jiofiber" source="Orion">JioFiber</keyword> and JioAirFiber, ensures that consumers and businesses can access reliable, low-latency, high-speed internet and entertainment, regardless of their location. The satellite network will also bolster mobile backhaul capacity, thereby expanding the reach and scalability of Jio's True5G network even in remote areas. For this ambitious endeavour, Jio has partnered with SES, tapping into the latest in medium earth orbit (MEO) satellite technology. Leveraging SES's O3b and new O3b mPOWER satellites, JioSpaceFiber is set to revolutionize the broadband industry by providing scalable and cost-effective internet access across India, all while guaranteeing reliability and flexibility. To showcase the capabilities of JioSpaceFiber, the service has already been connected to four of India's most remote locations: Gir in Gujarat, Korba in Chhattisgarh, Nabarangpur in Odisha, and ONGC-Jorhat in Assam. <keyword id="6361416" type="General" weightage="50" keywordseo="akash-ambani" source="Orion">Akash Ambani</keyword>, Chairman of Reliance Jio Infocomm Limited, highlighted the significance of this launch, saying, " Jio has enabled millions of homes and businesses in India to experience broadband internet for the first time. With JioSpaceFiber, we expand our reach to cover the millions yet to be connected". Ambfurther said, "JioSpaceFiber will allow everyone, everywhere, to fully participate in the new digital society with gigabit access to online government, education, health, and entertainment services". John-Paul Hemingway, Chief Strategy Officer at SES Networks, shared his excitement about the partnership, stating, "Together with Jio, we are honoured to support the Government of India's Digital India initiative with a unique solution that aims at delivering multiple gigabits per second of throughput to any location in India". Hemingway added, "Our first fibre-like services from space are already deployed today in parts of India, and we cannot wait to see how this will lead to digital transformation even in the most rural parts of the country." Reliance Jio's JioSpaceFiber marks a pivotal moment in India's digital transformation, promising to extend high-speed broadband access to even the most remote parts of the country, aligning with the vision of a truly Digital India. SEE ALSO: <a href="https://www.businessinsider.in/sports/webstories/fastest-centuries-in-icc-odi-world-cup-history/slidelist/104720578.cms">Glenn Maxwell to Rohit Sharma – The fastest centuries in World Cup history</a> <a href="https://www.businessinsider.in/tech/mobile/news/best-smartphones-under-rs-50000-in-india-oneplus-apple-and-google-phones-also-in-the-list/slidelist/104699569.cms">From Pixel 7 to iPhone 13 – best smartphones under ₹50,000 in India</a> <a href="https://www.businessinsider.in/tech/news/crossbeats-nexus-smartwatch-with-chatgpt-integration-announced-in-india/articleshow/104725233.cms">Now a smartwatch with ChatGPT integration gets set to hit Indian markets</a>

Reliance Jio launches JioSpaceFiber: India's first satellite-based gigabit broadband service

<ul><li>Signature Global’s IPO received tepid response from institutional investors on day 1.</li><li>Investors can bid for a minimum of 38 equity shares and in multiples of 38 equity shares thereafter.</li><li>It has fixed the price band at ₹366 to ₹385 per share and the issue closes on September 22.</li></ul> The initial public offer (IPO) of Signature Global was subscribed 0.54 times at the end of the first day of the issue. The issue did not receive any bids from qualified institutional buyers (QIBs) with tepid response from non-institutional investors. The company has fixed the price band at ₹366 to ₹385 per equity share for its maiden public offer which closes on Friday, September 22. Investors can bid for a minimum of 38 equity shares and in multiples of 38 equity shares thereafter. The public issue of shares that have a face value of ₹1 comprises fresh issuance of equity shares worth ₹730 crore and an Offer for Sale (OFS) of shares worth ₹127 crore. <cmsannotation type="cmsannotation" annotationid="Signature Global IPO Subscription status" comment="subhead" text="Signature Global IPO Subscription status"><keyword id="18848203" type="General" weightage="20" keywordseo="signature-global-ipo-subscription" source="Orion">Signature Global IPO Subscription</keyword> status</cmsannotation> <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Category </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#000000;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">No. of times subscribed </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Qualified Institutional Buyers </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">0 </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Non-institutional Investors </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">1.42 </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Retail </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;background-color:#d9d9d9;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.9 </td></tr><tr><td style="border-left:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">Total </td><td style="border-right:solid #000000 0.6260872500000001pt;border-bottom:solid #000000 0.6260872500000001pt;border-top:solid #000000 0.6260872500000001pt;vertical-align:bottom;padding:0pt 5pt 0pt 5pt;overflow:hidden;overflow-wrap:break-word;">0.54 </td></tr></tbody></table> Signature Global started operations in 2014 through its subsidiary Signature Builders Pvt Ltd with the launch of 'Solera' project on 6.13 acres of land in Gurugram, Haryana. As of March 31, 2023, it had sold 27,965 residential and commercial units, all within the Delhi-NCR region, with an aggregate saleable area of 18.90 million square feet. The company's sales (net of cancellation) have grown at a compounded annual growth rate (CAGR) of 42.46 per cent, from 1,690.27 crore in fiscal 2021, to 3,430 crore in fiscal 2023. As of March 31, 2023, it had sold 25,089 residential units with an average selling price of 36 lakh per unit. ICICI Securities Ltd, Axis Capital Ltd and Kotak Mahindra Capital Company Ltd are the book-running lead managers to the issue. The equity shares of the company will be listed on the BSE and NSE. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/jioairfiber-launched-in-metros-plans-and-benefits-versus-the-airtel-xstream-airfiber/articleshow/103804858.cms">JioAirFiber launched – plans and benefits versus the Airtel Xstream AirFiber</a> <a href="https://www.businessinsider.in/business/auto/webstories/comparison-of-citroen-c3-aircross-vs-honda-elevate-suvs-price-and-features/slidelist/103810860.cms">Citroen C3 Aircross vs Honda Elevate – Performance and features of the similar priced SUVs</a> <a href="https://www.businessinsider.in/tech/news/new-google-bard-allows-you-to-search-gmail-work-docs-and-more/articleshow/103800570.cms">Bard gets access to Google Apps – You can now search your Gmail or Docs for information</a>

Signature Global receives over 50% subscription on day one

<ul><li>Reliance Jio and Airtel have reported an increase in subscribers in July 2023.</li><li>Cash-strapped Vi has once again reported a decline in subscribers during the month.</li><li>There has been a significant increase in active subscribers of Airtel and Jio.</li></ul> Reliance Jio and Airtel have once gained subscribers at the cost of Vi in July 2023, continuing the ongoing trend. The troubled telco, which is the only private operator to have not rolled out 5G services in the country, lost 1.32 million subscribers in July 2023 according to data from Telecom Regulatory Authority of India (TRAI). During this period, Mukesh Ambani-led Reliance Jio has emerged as the biggest winner, gaining 3.9 million subscribers. Airtel on the other hand gained 1.52 million subscribers. State-owned BSNL also reported a decline of 1.41 million subscribers. With this, Jio’s subscriber base has increased to 442.49 million subscribers, followed by Airtel with 375.24 million subscribers. Vi is a distant third with 228.33 million subscribers. <cmsannotation type="cmsannotation" annotationid="Highest monthly addition in subscribers" comment="subhead" text="Highest monthly addition in subscribers">Highest monthly addition in subscribers</cmsannotation> The total mobile subscribers increased by 2.7 million users in July 2023, the highest monthly increase since May 2022. This has also resulted in an increase in active subscribers to 1046.41 million users in July 2023. <cmsannotation type="cmsannotation" annotationid="Jio continues to lead the industry" comment="subhead" text="Jio continues to lead the industry">Jio continues to lead the industry</cmsannotation> Jio has further strengthened its lead against Airtel and Vi with an increase of 3.9 million subscribers in July 2023. With this, the company’s total subscriber base has increased from 438.58 million to 442.49 million users. While Airtel has reported an increase of 1.52 million subscribers, its total subscriber base is still significantly behind Jio at 375.24 million. <cmsannotation type="cmsannotation" annotationid="Tariff hike unlikely before the 2024 elections" comment="subhead" text="Tariff hike unlikely before the 2024 elections">Tariff hike unlikely before the 2024 elections</cmsannotation> In good news for users, Kotak has predicted that a tariff hike is unlikely before the 2024 general elections. The competition among telcos has increased, making a tariff hike a difficult proposition. In July 2023, mobile number portability (MNP) requests surged to 11.8 million. This indicates increased competition among telcos to gain subscribers. “MNP requests stayed elevated at 11.8 mn, indicating intense competition to gain subs, with tariff hikes unlikely until after the 2024 general elections, in our view,” Kotak said in its report. <cmsannotation type="cmsannotation" annotationid="Interest in 5G to further decrease Vi’s subscribers" comment="subhead" text="Interest in 5G to further decrease Vi’s subscribers">Interest in 5G to further decrease Vi’s subscribers</cmsannotation> As Vi is the only major telco yet to roll out 5G services, the telco is expected to further lose subscribers in the coming months as users port out to Jio and Airtel to experience faster speeds. “Expect MNP requests to stay elevated partly due to Vi users porting out to experience 5G on Airtel and Jio,” said Jefferies in its report. SEE ALSO: <a href="https://www.businessinsider.in/stock-market/news/jsw-infra-ipo-allotment-how-to-check-allotment-gmp-listing-date-and-more/articleshow/104033135.cms">JSW Infra IPO allotment – how to check allotment, GMP, listing date and more</a> <a href="https://www.businessinsider.in/tech/mobile/news/pixel-8-launch-on-oct-4-from-camera-to-design-specifications-what-we-know-so-far/articleshow/103924696.cms">Pixel 8 launch on Oct 4 – From camera to design specifications, what we know so far</a> <a href="https://www.businessinsider.in/business/telecom/news/jioairfiber-launched-in-metros-plans-and-benefits-versus-the-airtel-xstream-airfiber/articleshow/103804858.cms">JioAirFiber launched in metros – plans and benefits versus the Airtel Xstream AirFiber</a>

Jio pips Airtel to gain more subscribers but Vi continues to bleed

Indore (Madhya Pradesh) [<keyword id="3658" type="General" weightage="100" keywordseo="india" source="Orion">India</keyword>], September 25 (ANI): Courtesy of their resounding win over Australia in the second ODI at Indore, India will go into the ICC Men's Cricket World Cup 2023 with momentum on their side. India's win in Indore has ensured that they go into the Cricket World Cup as the No. 1 side in the ICC Men's ODI Team Rankings. Before the start of the series, The Men in Blue needed at least two wins to go into the marquee event at home at the top. India reached the ODI Rankings summit after winning the first ODI against Australia at Mohali. They will now continue to reign supreme across all formats as the number one team, having already occupied the top spot in Tests and T20Is. India is placed at the top spot with 117 rating points, while Pakistan sit at second with 115 rating points. Australia, on the other hand, slipped further and is third with 110 points. This is only the second time in men's cricketing history that a side has achieved the No.1 ranking across the formats. Prior to this, only South Africa had achieved the feat back in August 2012. India needed to win the second ODI to ensure their reign at the top of the rankings continues and they did it in some style with a thorough all-round performance. Coming to the match, India was put to bat first by Australia. A 200-run partnership for second wicket between Shubman Gill (104 in 97 balls, six fours and four sixes) and <keyword id="982208" type="General" weightage="80" keywordseo="shreyas-iyer" source="Orion">Shreyas Iyer</keyword> (105 in 90 balls, 11 fours and three sixes) laid the foundation for something big. Later, half-centuries from skipper KL Rahul (52 in 38 balls, with three fours and three sixes) and <keyword id="496245" type="General" weightage="50" keywordseo="suryakumar-yadav" source="Orion">Suryakumar Yadav</keyword> (72* in 37 balls with six fours and six sixes) and a cameo from Ishan Kishan (31 in 18 balls with two fours and two sixes) pushed India to 399/5 in 50 overs. Cameron Green took two wickets for Australia but gave away 103 runs. Josh Hazlewood, Sean Abbott and Adam Zampa took a wicket each. In the chase of 400, Australia was reduced to 9/2 and rain interrupted the action. Following resumption of action, the target was 317 in 33 overs. An 80-run stand between David Warner (53 in 39 balls, seven fours and a six) and Marnus Labuschagne (27) stabilised the innings a bit. But after this, wickets kept falling and the Aussies sunk to 140/8. A 77-run explosive partnership between Abbott (54 in 36 balls with four boundaries and five sixes) and Josh Hazlewood (23) entertained the audience, but the Aussies were bundled out for 217 in 28.2 overs, losing by 99 runs. <keyword id="200030" type="General" weightage="50" keywordseo="ravichandran-ashwin" source="Orion">Ravichandran Ashwin</keyword> was the pick of the bowlers for India with 3/41, with his spin partner <keyword id="6359948" type="General" weightage="50" keywordseo="ravindra-jadeja" source="Orion">Ravindra Jadeja</keyword> getting 3/42. Prasidh Krishna got two wickets while Mohammed Shami got one. India has won the series 2-0 with one match to go. Shreyas Iyer was awarded the 'Player of the Match' award for his century. SEE ALSO: <a href="https://www.businessinsider.in/tech/gadgets/news/amazfit-cheetah-series-smartwatches-with-ai-powered-running-coach-launched-in-india/articleshow/103836676.cms">A smartwatch in India now offers an AI-powered running coach</a> <a href="https://www.businessinsider.in/tech/mobile/news/motorola-edge-40-neo-launched-in-india-specs-features-and-price/articleshow/103832280.cms">Motorola Edge 40 Neo with with vegan leather back hits the Indian market</a> <a href="https://www.businessinsider.in/business/telecom/news/jioairfiber-launched-in-metros-plans-and-benefits-versus-the-airtel-xstream-airfiber/articleshow/103804858.cms">JioAirFiber launched – plans and benefits versus the Airtel Xstream AirFiber</a>

India heads to ICC Cricket World Cup as No. 1 ODI side in ranking

<ul><li>At its AGM today, Reliance Industries announced the <keyword id="14840517" type="General" weightage="20" keywordseo="jio-airfiber" source="Orion">Jio AirFiber</keyword> and plug-and-play device which will be launched soon.</li><li>By using the plug-and-play device - Jio Cloud PC, users can eliminate all expenses related to buying a PC or a laptop.</li><li>Jio’s 5G services will be launched in multiple key cities including Mumbai, Delhi, Chennai and Kolkata.</li></ul>Reliance Industries (RIL) Chairman Mukesh Ambani today announced an investment of ₹ 2 lakh crore to roll out 5G services in India by Diwali this year. At RIL’s 45th annual general meeting (AGM), he said Jio’s 5G services will be launched in multiple key cities including Mumbai, Delhi, Chennai and Kolkata. Further, he added, “By Dec’23, we will deliver 5G to every town of India”. The company plans to connect 100 million households with high-speed mobile broadband in 18 months. <cmsannotation type="cmsannotation" annotationid="Jio AirFiber: A PC in every Indian home and business" comment="subhead" text="Jio AirFiber: A PC in every Indian home and business">Jio AirFiber: A PC in every Indian home and business</cmsannotation> Reliance has launched a new Jio AirFiber plug-and-play device that is said to give fibre-like speeds wirelessly, via WiFi hotspots. Talking about how JioAirFiber will be a revolutionary device, Kiran Thomas, director, Reliance Jio, said, "Using JioAirFiber, customers can opt to use a virtual PC - Jio Cloud PC. No upfront investments, no upgrades. A super-affordable way to bring the power of a PC, even multiple PCs, to every Indian home and business." The ultra-high speed of JioAirFiber will help in transforming how videos are consumed. "We can deliver multiple video streams, showing multiple camera angles at the same time and that too in ultra-high definition, and we can dynamically choose which camera angle we want to focus on," said Akash Ambani, the chairman of Reliance Jio. <cmsannotation type="cmsannotation" annotationid="Jio Cloud PC – What this is" comment="subhead" text="Jio Cloud PC – What this is">Jio Cloud PC – What this is</cmsannotation> As part of the AirFiber service, customers will be able to access cloud PCs. Using JioAirFiber, people can eliminate all expenses related to buying computer hardware and periodically upgrading it, and opt to use a virtual PC hosted in the cloud – called Jio Cloud PC. With no upfront investment or tension of periodical upgrades, a user needs to pay only to the extent used, which could help cut costs significantly. <cmsannotation type="cmsannotation" annotationid="What is a cloud PC?" comment="subhead" text="What is a cloud PC?">What is a cloud PC?</cmsannotation> A cloud PC is a virtual desktop – a highly optimised and scalable virtual machine providing end users with a rich Windows desktop experience. In cloud PCs, the data is delivered from the cloud rather than physical devices, data centres or devices like workstations. Cloud PCs work on a software-as-a-service (SaaS) model. Currently, Microsoft offers Windows 365 Cloud PC service that hosts virtual PCs with Windows installed on them. To access a Cloud PC a user needs a device - Jio AirFiber plug-and-play device similar to Fire Stick. A CPU is not needed as the connected server will act as the powerhouse of a cloud PC. Reliance says that the Jio Cloud PC device will be a game changer for students, small businesses and gig-workers in the country. Also, the solution will be helpful for large enterprises as no upfront investment will be required. Currently, there are no details on the availability and price of the device, but it is likely that the Jio Cloud PC will be available after the rollout of Jio 5G services. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/jio-set-to-launch-true-5g-services-this-2022-diwali/articleshow/93854727.cms">Jio set to launch True 5G services across major Indian cities this Diwali</a> <a href="https://www.businessinsider.in/business/telecom/news/jio-airtel-could-emerge-stronger-weaking-vodafone-idea-further-say-analysts/articleshow/93499353.cms">Jio, Airtel could emerge stronger weakening Vodafone Idea further, say analysts</a>

Reliance Jio to offer cloud PC services soon – Here’s everything you need to know

<ul><li><keyword id="8372" type="General" weightage="100" keywordseo="akash" source="Orion">Akash</keyword> <keyword id="10924" type="General" weightage="80" keywordseo="ambani" source="Orion">Ambani</keyword> is the elder son of one of India’s richest businessmen Mukesh Ambani; and the only Indian to debut on Time Magazine’s Next 100 List. </li><li>During the 2022 Reliance Industries’ annual general meeting, he announced the launch of Jiofibre and virtual PCs. </li><li>Akash Ambani will head India’s largest telecom operator and is one of the heirs of <keyword id="3820" type="General" weightage="50" keywordseo="mukesh-ambani" source="Orion">Mukesh Ambani</keyword>’s<a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/"> $80.5 billion empire</a>. </li></ul>He may have become the new boss of <keyword id="6354504" type="General" weightage="50" keywordseo="reliance-jio" source="Orion">Reliance Jio</keyword> – India’s largest telecom operator – recently, but Akash Ambani has been prepping for the top job from birth. As the grandson of <keyword id="6418409" type="General" weightage="50" keywordseo="dhirubhai-ambani" source="Orion">Dhirubhai Ambani</keyword> and son of Mukesh Ambani, the Junior Ambani has always had big shoes to fill, but he seems to be stepping into them quite effortlessly. He is also keeping the family tradition of breaking into lists by becoming the only Indian to enter the Time Magazine’s Next 100 list. Time’s Next 100 list essentially puts the spotlight on emerging leaders who are shaping the world of business, sports, finance, entertainment, politics, science, health, and activism. The list also features the likes of American singer SZA, actress Sydney Sweeney, basketball player Ja Morant, Spanish tennis player Carlos Alcaraz, actor and television personality <keyword id="945810" type="General" weightage="50" keywordseo="keke-palmer" source="Orion">Keke Palmer</keyword>, and environment activist Farwiza Farhan. Not surprisingly, the scion of the Ambani family has made it as an A-lister, given the mantle he holds as the Chairman of Reliance <keyword id="2003276" type="General" weightage="50" keywordseo="jio" source="Orion">Jio</keyword> with 426 million users. One of the heirs of <a href="https://www.bloomberg.com/billionaires/profiles/mukesh-d-ambani/">Mukesh Ambani’s $80.5 billion empire</a>, the 30-year-old has his work cut out, as the company looks to launch 5G services later this year. Akash is married to <keyword id="6296629" type="General" weightage="50" keywordseo="shloka-mehta" source="Orion">Shloka Mehta</keyword>, who hails from one of the richest diamond families of India. The Ambani family welcomed their first grandchild, <keyword id="10488859" type="General" weightage="50" keywordseo="prithvi-ambani" source="Orion">Prithvi Ambani</keyword>, in 2020. Reliance Jio has been touted as one of the fastest growing companies in the world and Akash has reportedly played a key role in bringing marquee investors and global giants like Facebook, Catterton, Silver Lake and General Atlantic to the company. Akash Ambani’s journey of becoming one of the most influential next-gen leaders began only four years ago, when he gave his first public address at the India Digital Open Summit. “Our chairman believes India is on a path to be a technology innovation leader and technology superpower. We are fortunate to be living in India, where we have a vision for Digital India. At Jio we believe AR/VR will grow at 50% CAGR for next 5 years,” said Akash Ambani, who was 26 years old at the time. On June 27 2022, Reliance Chairman Mukesh Ambani handed over the reins of the empire to his eldest son <a href="https://www.businessinsider.in/business/corporates/news/mukesh-ambani-steps-down-as-director-of-reliance-jio-akash-ambani-appointed-chairman/articleshow/92521472.cms">Akash Ambani</a>. Referring to the next generation Ambanis — Isha, Akash and Anant — Mukesh Ambani said at the company’s 45th annual general meeting, “All three have fully inherited our founder's mindset. They are first among equals in a young team of leaders and professionals who are already doing amazing things at Reliance.” Akash Ambani’s ambitious plan to launch virtual PCs in India Reliance Jio Infocomm (RJIL), a subsidiary of RIL, is the largest telecom operator in India. From less than 700 professionals a few years ago, the RJIL team has grown rapidly to over 10,000 professionals today. “With 5G being rolled out in India, the current 800 million connected internet devices will double to 1.5 billion connected internet devices in just a year,” said Akash Ambani at the latest annual general meeting. The 30-year-old also announced the launch of ‘<a href="https://www.businessinsider.in/tech/enterprise/news/jio-airfiber-to-offer-cloud-pc-services-soon/articleshow/93857295.cms">virtual PC</a>’ through the launch of Jio AirFiber giving a boost to AI-enabled services in India. “5G gives ultra-high fibre-like speed over the air without any wires. We are calling it JioAirFiber. With JioAirFiber, it will be really easy to quickly connect your home or office to Gigabit-speed Internet,” he said. Investing ₹2 lakh crore, the next-generation Ambani will also head the implementation of 5G services in India – the latest version called standalone 5G sans dependence on 4G network. Challenges for Ambani junior while heading Reliance Reliance Jio offers its services at affordable tariffs, a dream that the founder of Reliance Industries had of offering telecom services at the rate of a postcard. While Akash Ambani’s father delivered on that promise, the 30-year old scion will have his job cut out as the company looks to launch its ambitious 5G services this Diwali. The company faces competition from the Sunil Mittal-helmed Airtel. Interestingly, Airtel is a professionally run company and both of Mittal’s sons pursue their own business interests. An avid sports nut Apart from heading the most ambitious projects in the world, Akash is known to have a keen interest in sports and premium cars. Akash’s first public appearance was at a Mumbai Indians cricket match as the company bought the team <a href="https://www.republicworld.com/sports-news/cricket-news/ipl-mega-auction-which-teams-were-sold-in-the-2008-inaugural-edition-and-at-what-prices.html">for $111.9 million back in 2008</a>. He is an avid cricket fan and can be seen regularly leading auctions to filter through the players for the Mumbai Indians IPL league. Ambani Junior is also a fan of the Arsenal football club. In 2016, he got to play in his private football area with Arsenal’s former forward Thierry Henry. Alongside sports, Akash has a legion of premium cars like Bentley Bentayga, Range <keyword id="5160615" type="General" weightage="50" keywordseo="rover-vogue" source="Orion">Rover Vogue</keyword>, BMW 5-Series, Lamborghini Urus, Rolls Royce Phantom Drophead Coupe and Maybach 62 to list a few. The passion for fancy wheels comes from both his parents. The road to living up to the name of “industry royalist” is long but Akash Ambani’s blueprint for Reliance is being closely watched by the world. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/careers/news/9-in-10-indian-leaders-question-employees-productivity-in-hybrid-work/articleshow/94529650.cms">9 in 10 Indian leaders question employees' productivity in hybrid work</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/stock-market/news/adani-greens-54-rally-tempts-totalenergies-to-book-profits/articleshow/94529227.cms">Adani Green’s 54% rally this year tempts TotalEnergies to book profits</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/india/news/people-want-bigger-homes-and-reopening-offices-schools-hasnt-altered-this-trend/articleshow/94512938.cms">People want bigger homes and reopening offices, schools hasn’t altered this trend</a>

Akash Ambani’s keeping up the family tradition of breaking into global lists

<ul><li><keyword id="6354504" type="General" weightage="20" keywordseo="Reliance-Jio" source="Orion">Reliance Jio</keyword> reported a 3.2% growth in net profit sequentially to ₹4,881 crore in its Q3 FY23 earnings.</li><li>Its revenue from operations grew 2.4% sequentially to ₹29,195 crore as compared to ₹28,506 crore in the previous quarter.</li><li>Jio’s average revenue per user grew marginally by 0.56% sequentially and 17.5% on year.</li><li>Growth in ARPU is slightly below <a href="https://www.businessinsider.in/business/corporates/news/ril-q3-to-be-a-mixed-bag-muted-growth-in-o2c-robust-retail-and-jio-performance/articleshow/97094061.cms">analysts’ expectation </a>who expected Jio’s average revenue per user (ARPU) to improve by a modest 1.8% sequentially at ₹179-180. </li></ul>India’s largest telecom provider, Reliance Jio reported 3.2% growth in net profit sequentially at ₹4,881 crore in its December quarter earnings from ₹4,729 crore in the previous quarter. On a yearly basis, its profit grew nearly 28.6%. Its revenue from operations grew 2.4% sequentially to ₹29,195 crore as compared to ₹28,506 crore in the previous quarter. On a year-on-year basis, it saw an increase of nearly 20.8%. The oil to telecom conglomerate attributed the growth to strong growth in customers and data consumption. “Jio delivered record revenues and EBITDA driven by strong momentum in customer growth and data consumption,” said Mukesh Ambani, chairman and MD at Reliance Industries. This quarter RIL launched True 5G services, which is now available in 134 cities and towns in India. <div type="image" title="Copy of Jio Net Profit Q1 FY23 (2)" msid="97179681" hostid="261" sizebytes="21116"></div> <table style="border-width: initial; border-style: none; table-layout: fixed; width: 468pt;"></colgroup><tbody><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Q3 FY23 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Q2 FY23 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Q3 FY22 </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹29,195 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹28,506 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹24,176 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">Net profit </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹4,881 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹4,729 crore </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹3,795 crore </td></tr><tr><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">ARPU </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹178.2 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹177.2 </td><td style="border-left:solid #000000 1pt;border-right:solid #000000 1pt;border-bottom:solid #000000 1pt;border-top:solid #000000 1pt;vertical-align:top;padding:5pt 5pt 5pt 5pt;overflow:hidden;overflow-wrap:break-word;">₹151.6 </td></tr></tbody></table> Meanwhile, Jio’s average revenue per user grew marginally by 0.56% sequentially and 17.5% on year. The company said that ARPU increased sequentially due to better subscriber mix. Growth in ARPU is slightly below <a href="https://www.businessinsider.in/business/corporates/news/ril-q3-to-be-a-mixed-bag-muted-growth-in-o2c-robust-retail-and-jio-performance/articleshow/97094061.cms">analysts’ expectation </a>who expected Jio’s average revenue per user (ARPU) to improve by a modest 1.8% sequentially at ₹179-180. <div type="image" title="Copy of Jio ARPU Q1 FY23 (3)" msid="97179690" hostid="261" sizebytes="18424"></div>Further, Reliance Jio added less number of subscribers in the December quarter as compared to the previous quarter. The telecom major added 5.3 million net subscribers in Q3 as compared to 7.7 million in Q2. With this, RJio’s total customer base stands at 432.9 million, which has grown 2.8% on a yearly basis. “Sustained subscriber additions and higher ARPU drive revenue and EBITDA growth for the connectivity business. In addition, higher realizations from digital services drives JPL consolidated revenue growth,” said the company in a press release. <div type="image" title="Copy of Jio subscribers + net addition Q1 FY23 (2)" msid="97179711" hostid="261" sizebytes="30486"></div> Outlook for the telecom business Jio targets to complete its pan India 5G rollout by December 2023. RJio highlights that during FIFA World Cup 2022 it witnessed one of the highest viewership on JioCinema which achieved a total viewership of over 114 million across the 64 matches. Akash Ambani, chairman of Reliance Jio Infocomm, said that, “Jio is undertaking the most ambitious and fastest ever 5G rollout plan for any country of our size. Within three months of launch, Jio True5G is now available across 134 cities and would be available across India by December 2023.” “In addition, Jio will connect over 100 million premises with JioFiber and JioAirFiber offering unparalleled digital experiences. We will also empower small merchants and businesses with cutting-edge, plug-and-play solutions delivered from the cloud,” he added. Ahead of its earnings release, Reliance Industries closed 1.18% at ₹2,443 per share. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/swiggy-co-founder-says-over-hiring-a-mistake-as-he-fires-380-employees/articleshow/97171514.cms">Swiggy co-founder says over-hiring a mistake as he fires 380 employees</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/budget/news/telecom-sector-expectations-from-budget-2023-24-suspension-of-regulatory-levies-special-tax-regime-and-more/articleshow/97170888.cms">Budget 2023-24: Suspension of regulatory levies, removal of duty on imported equipment are telecom sectors key asks</a>

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