Discover and read the best of Twitter Threads about #RelianceJio

Most recents (24)

Mukesh Ambani is set to charge Rs 2 per day for JioCinema!

After IPL 2023, JioCinema is set to launch 3 exclusive plans with 4K content quality.

#RelianceJio
After IPL 2023, JioCinema is set to launch 3 exclusive plans with 4K content quality.

Here is the total breakdown of the 3 plans:

1. Daily Delight:

Rs 2 per day which is a 93% discount from its actual plan of Rs 29. It'll allow streaming on 2 devices.
2. Gold Standard:

Rs 99 for 3 months which is also available at a discount from Rs 299. It'll support 2 devices.
Read 12 tweets
🚨 "Mixed Results for Reliance in Q3: Revenue Up, Profits Stagnant"

Key Takeaways of Reliance Industries Q3 Result in this🧵

Reliance Industries operates 4 major business segments: Jio, Retail, Oil & Chemical, & Media.

#Reliance #RelianceJio
1) The total revenue of Reliance Industries for Q3 stands at 240,963 Cr, showing a 14.8% increase compared to the previous year, driven by sustained growth in the consumer businesses.

2) The profit after tax saw a marginal increase of 0.6% YoY, coming in at 17,806 crores.
3) Under the leadership of Akash Ambani, Jio's business recorded a 20.8% increase in revenue compared to the previous year, reaching a total of 29,195 Cr.

4) Jio's profit increased by 28.6% YoY, reaching 4,881 Cr. 27% of Reliance Industries' total profit is coming from Jio.
Read 6 tweets
#5GLaunch | Prime Minister #NarendraModi is set to launch the #5G telephonic services, ushering in an era of ultra high-speed internet on mobile phones.

Follow live updates here:
trib.al/TKS90FE
#5GinIndia | Follow live updates here: trib.al/Ncq4yYV
#5GIndia | #5G will be launched by #PMModi in select cities on October 1 and it will progressively cover the entire country over the next couple of years, according to an official release.

Click the link for live updates: thehindu.com/news/national/…
Read 15 tweets
#Airtel outpaces #Jio & #VodafoneIdea in subscriber additions this year

businessinsider.in/business/telec…

By @jainrounak
The Indian #telecom landscape is heating up once again with the #5GSpectrum auctions just a week away. But, there’s a quiet battle for subscribers going on in the background and #Airtel seems to be taking the lead for the year.
According to the Telecom Regulatory Authority of India (@TRAI) subscriber data, #Airtel has added a little over 6.4 million subscribers in 2022 (until May), while its rivals #RelianceJio and #VodafoneIdea have both lost nearly 7 million each.
Read 7 tweets
#India’s most expensive homes: #DMart’s Radhakishan Damani’s dream home cost him ₹1,001 crore

businessinsider.in/india/news/ind…

By @Krittiiii Image
Avenue Supermarts’ (DMart) founder and CEO, #RadhakishanDamani, bought the most expensive home in India last year. The house, located in the Malabar Hill area of #Mumbai, was bought for a whopping ₹1,001 crore in April last year. Image
The 90-year-old house is said to be spread over 5,752 square meters. Notably, Damani is the 72nd richest man in the world with a networth of $19.7 billion as per Bloomberg Billionaires Index.

#RadhakishnanDamani
bloomberg.com/billionaires/
Read 8 tweets
A mega thread of threads 🧵of business / industry events we have covered so far..!! (Will be contiguously updating as and when)

Events means something of significant nature have strong impact on Co / Sector

Like Retweet Follow Share if you find valuable

#investing #StockMarket
A quick thread 🧵on Single Use Plastic Ban starting from July-22.

What it means for packaging & paper sectors?
Whether its threat or opportunity?



#plasticban
Read 12 tweets
Akash Ambani appointed chairman as #MukeshAmbani steps down 🪜

Planned succession move or impulsive decision?

A thread🧵
Akash Ambani has been appointed as the chairman of the board at #RelianceJio, following the resignation of Mukesh Ambani, signalling a transition in leadership 🫡

According to report, Isha Ambani is also set to become the chairman of the #Reliance conglomerate’s retail unit 🛒
Succession plan?

Mukesh Ambani has studied the ways in which billionaire families pass on the baton to the next generation 🔑

He is finally taking the steps necessary to bring new and fresh perspectives into India’s largest conglomerate 🇮🇳
Read 7 tweets
#MukeshAmbani steps down as director of #RelianceJio, Akash Ambani appointed chairman

businessinsider.in/business/corpo…

By @jainrounak Image
#MukeshAmbani has resigned as the director of #RelianceJio effective June 27, and appointed his eldest son #AkashAmbani as the chairman of the board. The elevation of the Brown university-graduate has been speculated for a long time. Image
Akash has been a part of multiple announcements associated with the company like the launch of #RelianceJio in 2016. The 30-year-old is known to have played a pivotal role in the important deal between the telco and tech major Facebook.

#MukeshAmbani
businessinsider.in/business/news/…
Read 7 tweets
A thread🧵 on Why gross refining margins (GRM) are at multi year high & what it means for refining stocks

"Exxon made more money than God this year," said Biden

#RIL #HPCL #iocl #BPCL #MRPL #CHENNAIPETRO
GRM is difference between value of crude based products & value of crude oil.

GRM trends
Q1FY23 GRM (in average basis)- $23
Q4FY22 GRM - $8.1
Q3FY22 GRM - $6.1
Q2FY22 GRM - $3.7
Q1FY22 GRM - $2
Q4FY21 GRM - $1.2 Image
Why GRMs are multi year high?
- refiners shut several unprofitable facilities after crude turns negative in pandemic
- refining capacity down to 17.2 Mn bpd in Mar-22 bpd from 19 Mn bpd in April-20 while Downstream products demand remain robust, (1st time in 30 yrs).
Read 21 tweets
India’s richest billionaires are fast catching up while #ElonMusk struggles for satellite broadband licence

#MukeshAmbani #RelianceJio

businessinsider.in/business/telec…

By @jainrounak
@jainrounak Elon Musk’s #Starlink has also been trying to enter the Indian market but was asked to refund the pre-orders that it had accepted as the company has not secured a license to operate in the second largest telecom market in the world.

#ElonMusk
@jainrounak In the meantime, India’s biggest billionaires like Mukesh Ambani and Sunil Mittal have found their respective partners to launch their own satellite broadband services.

#ElonMusk #Starlink
Read 11 tweets
The next big thing to watchout in #Reliance is its foraying into financial services

Let's deep dive into it 🧵🧵

#relianceretail #jio #Reliancejio #MukeshAmbani #investing
Reliance has multiple financial services entity but most notable are :

Jio Payments Banks
Reliance Retail Finance
Jio Information Solutions
Jio payments bank can be used to convert into Small Finance Bank which can be further used for lending business

bloombergquint.com/business/payme…
Read 11 tweets
Here’s how the latest #SpectrumAuction may affect your mobile phone bills and quality of service

businessinsider.in/business/telec…

By @jainrounak
@jainrounak The 2021 spectrum auction witnessed participation from #RelianceJio, #Airtel and #Vodafone Idea, with Jio emerging as the biggest bidder, accounting for nearly two-thirds of the total spectrum sold in the auction.

#SpectrumAuction
@jainrounak How much spectrum the companies add to their existing kitty, and how much they pay for it, has a direct impact on your mobile bills, and the offers that you get as a prepaid customer.

#SpectrumAuction
Read 9 tweets
Reliance Jio making off-net voice calls free, is positive for Vodafone Idea as it is a net payer of IUC and it has a low market share.
A super easy thread to help a layman understand the concept of IUC (Internet Usage Charges) and also AGR (Adjusted Gross Revenue). 👇🧵
1. ‘Raju’ is a ‘Vodafone’ user and he calls his friend ‘Vivek’ who uses the services of ‘Jio’. Now when Raju calls Vivek, his operator (Vodafone) will charge money for connecting to the other operator (Jio).
2. Now please note that the money collected by Vodafone from ‘Raju’ is actually owed to Jio. Hence, Vodafone will transfer the money to Jio. This is called as IUC (Interconnect Usage Charge).
Read 6 tweets
Three #AnilAmbani companies have reportedly been accused of fraud by banks⁠ — the amount at stake is nearly ten times more than what #Mallya owed

businessinsider.in/business/corpo…

By @pabsgill
In the midst of Reliance Communications’ bankruptcy resolution process, three Indian banks — the State Bank of India (SBI), Union Bank of India (UBI) and the Indian Overseas Bank (IOB) — are classifying the company’s accounts and the accounts of its units as fraudulent.
Sources told the Economic Times that the three banks, which includes India’s largest lender, are looking to launch a deeper probe into the transactions...
Read 10 tweets
Round 2 of weekly Reliance Ind fund raising? This time for Retail?

BofA: RIL has offered all 13 investors of Jio Platforms (including Facebook, Google etc) the option to invest in its Retail unit. Image
Round 2 has started for Reliance Industries

This time for Retail

Private equity firm Silver Lake to invest Rs 7500 crore in Reliance Retail for 1.75% stake

cnbctv18.com/retail/private… Image
Mukesh Ambani:
Read 5 tweets
SC resumes hearing in AGR case

NK Kaul appearing for @VideoconTelecom's resolution professional: #AGR dues stand crystallized at 1376 cr
SC: Once there is transfer of #spectrum, if it's @VideoconTelecom or @Airtel_Presence's liability, that is to be decided by us
Read 14 tweets
Indian Markets! Image
RECORDS by Reliance Ind today

Highest market cap by Indian co: INR 1.45 Lakh crore
Highest Increase in m cap in a day: INR 59.7K crore
Highest traded value: INR 12.46K crore
(NSE: INR 11.8K crore + BSE INR 0.6K crore)

#RelianceJio #RelianceRetail #RIL #MukeshAmbani #Ambani
who made this
🤣🤣 Image
Read 6 tweets
today at 2PM
RIL AGM 2020
A. Jio:
Facebook: bit.ly/Jio_FB_RIL_AGM…

Twitter: bit.ly/Jio_Twitter_RI…

YouTube: bit.ly/Jio_YouTube_RI…

B. RIL:
Facebook: bit.ly/RIL_FB_RIL_AGM…

Twitter: twitter.com/flameoftruth)

YouTube: bit.ly/RIL_YouTube_RI… Image
Reliance Ind AGM in less than 2 hours

what are your expectations?

what would be great news - trigger for you to buy?

what would be bad news- trigger for you to sell?

or is it a non-event for you?

love to hear your thoughts...
In twitter live
at

twitter.com/i/broadcasts/1…

other platform links above
Read 12 tweets
Hello Traders, Below is our trade plan for upcoming week #NIFTY #BANKNIFTY #RELIANCE #INDIANCHEMICALS #TRADING #FNO #SENSEX #relianceagms2020 #FMCG Image
The list of stocks mentioned in the above list have recently crossed their All Time High #ATH #Momentum #Chemicals #Agrochem #FMCG #Telecom
Below is the link to chart where we have tried explaining the idea behind buy on Tata Consumer #Tataglobal #Tataconsumer #FMCG #Breakout #Momentum

tradingview.com/chart/TATACONS…
Read 8 tweets
Reliance Jio is in "Technology Commodity Market". Design ripoff by JioMeet & JioChat affirms this underlying message in the market. Technology as a commodity is different from (1)(#JioMeet #JioChat #commodity #Commodities #RelianceJio #Jio #UX #Design #Market) ImageImage
Software as a commodity. White-label apps, framework & platform were in the market since a long time that are the example of Software as a commodity. Commodity trading is one of the oldest practice. Traditional companies environment are well equipped with (2)(#trading)
commodity legalities, so as India Trade & Legal Ecosystem. Reliance Jio have turn the table in their favor from bureaucracy, regulatory & legal perspective. It could also be possible that (3)(#trade #legal #bureaucracy #regulatory)
Read 32 tweets
Competition Commission of India has approved Facebook’s $5.7 Billion investment in Jio Platforms for a 9.99% stake

#Jio #RelianceJio #Facebook
Facebook had incorporated a new entity, Jaadhu Holdings LLC, in Delaware (US) to acquire 9.99% stake in Jio Platforms
Read 3 tweets
Reliance Industries Ltd.

First and ONLY company in Indian stock markets to cross
USD 150 billion market cap!

#JioPlatforms #JioMart #Jio #jiodigitallife #Reliance #RelianceJio #RelianceIndustries #MukeshAmbani #ambanikafacebook #Ambani #RIL
very impressive as 2nd highest market cap in India
is TCS at USD 101 billion
#RelianceIndustries is 33% larger than #TCS

3rd highest HDFC bank at USD 73 billion; #RIL is 2x!

take a bow #MukeshAmbani!!

#JioPlatforms #JioMart #Jio #jiodigitallife #Reliance #RelianceJio
If you think investing is easy
or predictable
RIL did NOTHING for 10 years (2007-2017)
and then up 3 x in 3 years

Growth/profit is NOT linear

#RelianceIndustries #RIL #MukeshAmbani
#JioPlatforms #JioMart #Jio #jiodigitallife #Reliance #RelianceJio Image
Read 7 tweets
Reliance #Jio has raised Rs 4,546.80 crore from US-based TPG Capital for 0.93% stake.
▪️Total funding crosses Rs 1 Trillion mark
#RelianceJio Image
Image
Read 3 tweets

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