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RIL’s telecom arm Jio adds 5.8 mn users in March

Reliance Industries’ (RIL) telecom arm – Reliance Jio Infocomm (Jio) has added a whopping 5,839,734 subscribers and controlled 9.29% of the telecom market as of March 31, 2017. Last year, the company had entered highly competitive telecom space with a free preview plan that offered unlimited free 4G high-speed data, ... Read More »

RIL to sell natural gas to its own units in Gujarat and Maharashtra

Reliance Industries (RIL) will sell the natural gas it produces from coal seams in Madhya Pradesh to its own units in Gujarat and Maharashtra at $4.23 per million British thermal units. After last month’s government decision to give coal bed methane (CBM) producers freedom to discover market price, RIL invited ... Read More »

RIL, BP to acquire Niko Resources’ 10% stake in gas block

Reliance Industries (RIL) and British energy giant BP Plc is planning to acquire their cash-strapped partner Niko Resources’ 10% stake in gas discovery block NEC- 25 in the Bay of Bengal. RIL is the operator of the block with 60% interest, while BP of the UK has 30% stake. Niko’s ... Read More »

RIL, BP to acquire Niko Resources’ 10% stake in gas block

Reliance Industries (RIL) and British energy giant BP Plc is planning to acquire their cash-strapped partner Niko Resources’ 10% stake in gas discovery block NEC- 25 in the Bay of Bengal. RIL is the operator of the block with 60% interest, while BP of the UK has 30% stake. Niko’s ... Read More »

TRAI advises RIL’s arm Jio to withdraw complimentary offer

The Telecom Regulatory Authority of India (TRAI) has advised Reliance Industries’ (RIL) telecom arm – Reliance Jio Infocomm (Jio) to withdraw the 3 months complimentary benefits of Jio Summer Surprise. The company has accepted this decision and is in the process of fully complying with the regulator’s advice. It will ... Read More »

RIL’s arm Jio signs over 72 million customers for JIO PRIME

Udaipur : Reliance Industries’ (RIL) telecom arm – Reliance Jio Infocomm (Jio) has announced that in just one month, over 72 million (and still counting) Jio customers have signed up for JIO PRIME. This is the largest migration from free to paid services in history in such a short period ... Read More »