Jio Financial Services shares touch upper circuit limit for third straight trading day
Business | August 30, 2023 18:31 ISTThe company commanded a market valuation of Rs 1,47,840.92 crore on the BSE.
The company commanded a market valuation of Rs 1,47,840.92 crore on the BSE.
Addressing the Reliance team at the Annual General Meeting of the company, Mukesh Ambani said that the new India is full of self-confidence and is unstoppable.
Amidst increasing recharge expenses within the market, Reliance Jio, India's top telecom operator, has introduced a captivating deal. This offer provides users with a 30-day period of complimentary high-speed internet and calling, offering relief in the face of escalating recharge fees.
Reliance Jio also said that it is now providing wireless broadband services in about 6.2 lakh rural villages and 5G coverage to over 2,300 cities and towns.
With an impressive deployment of over 1,15,000 sites housing approximately 6,90,000 5G cells, Jio covers more than 90% of census towns in India now. Jio's ambitious target is to achieve a nationwide 5G rollout across India by December 2023.
Reliance Jio introduces affordable prepaid data packs at Rs 19 and Rs 29, offering convenient and cost-effective solutions for customers with higher data needs. These plans specifically cater to users who primarily rely on voice calling packs but occasionally require data for emergencies.
Reliance Jio has got three plans which will give you 40GB bonus data- Rs 219, Rs 399 and Rs 999. Here are the details you must know about the plans.
It will enable all Jio True 5G users from across the country visiting Kedarnath, Badrinath, Yamunotri and Gangotri dhams to latch on to Jio's True 5G network and experience its limitless possibilities.
Reliance Jio: Its revenue from operations in the reported quarter increased by about 12 per cent to Rs 23,394 crore from Rs 20,945 crore in the March 2022 quarter.
Updating its recharge plan price, Reliance Jio has discontinued the 199 postpaid plan and launched the new 299 postpaid plan for users.
Reliance Jio, has introduced JioPostpaid Plus Family plans that allow customers to share data among family members at a low cost, with four different plans ranging from Rs. 399 to Rs. 999 and perks such as unlimited voice calls, SMS, internet rollover, and free access to premium OTT applications.
Reliance Jio has become the first and the only operator to launch 5G services in most of these cities. Jio users in these cities will be invited to the Jio Welcome Offer, to experience Unlimited Data at up to 1 Gbps+ speeds, at no additional cost, starting today.
Reliance Jio 5G: The services have been launched in 11 cities including Chandigarh, Nashik, Trivandrum, Lucknow, Mysuru and Aurangabad.
Reliance has launched a new plan worth Rs 749 which will be valid for three months, for up to 90 days, and will deliver 100 SMS per day and internet with 2GB data per day. The plan will come with a Jio apps subscription including JioSecurity, JioTV, JioCinema and JioCloud.
Jio and OnePlus have teamed up and will actively be working together at the backend for making the 5G technology more accessible to consumers and continue to expand their 5G technology services across the product portfolio.
Reliance Jio and realme have collaborated on various product-led innovations through 5G SA (standalone networking), NRCA (new radio carrier aggregation) and VoNR (voice-over 5G new radio) to ensure a True 5G experience.
In a statement, the firm said Reliance shareholders will be issued one equity share of Jio Financial Services Ltd (JFSL) for every share they hold in the company.
Reliance Jio Q2 results: Its net profit stood at Rs 3528 crore in the same period previous fiscal, the telco said in a regulatory filing. The revenue from operations jumped 20.2 percent to Rs 22,521 crore for the just-ended quarter, from Rs 18,735 crore in the year-ago period.
Reliance launched the new JioBook just before Diwali which has been originally priced at Rs 15,799 but as a Diwali offer, the company is offering the laptop with up to a Rs 2,500 discount. Available at Rs 13,299 (after a discount), the new laptop has been designed for students and educators.
Reliance Jio's wireline subscriber base reached 73.52 lakh while that of BSNL was at 71.32 lakh, Trai's subscriber report for August stated.
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