Discover and read the best of Twitter Threads about #reliancejio

Most recents (21)

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
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
⚠️ VODAFONE IDEA

For the past few days we’ve been doing a lot of research on the telecom companies.

1️⃣ Reliance Jio

2️⃣ Bharti Airtel

3️⃣ Vodafone Idea

Lot’s of not so good points about Vodafone Idea.

Retail investors usually don’t like to hear critical views.

Share or not?
Alright, so it looks like a lot of us are willing to learn more about Idea.

So here’s what we’ll do;

Instead of just sharing the data one-way, we’ll make it an interactive session dedicated to #VodafoneIdea

This way we all can do our own research and collectively learn from it
Before we start, let's clear some things;

🔸 This is NOT a buy / sell recommendation.

🔸 This is NOT technical analysis / price action analysis.

🔸 This is NOT meant to spread any negative sentiment.

Feel free to analyze the data on your own and take your own decision.
Read 11 tweets
Ambit on India telecom
Vodafone Idea upside is 304% => can become 4x!

Airtel another 50% upside from lifetime highs!!

exuberance may be injurious to investors health!

#Telecom #Airtel #BhartiAirtel #Bhartiartl #Vodafone #idea #Jio #Reliance #RelianceJio #RelianceIndustries
Read 8 tweets
Facebook-#RelianceJio deal impact on the crypto space in India:

1) It is not a Joint venture. They will also continue to compete in other areas.

#RelianceJio
2) There is no plan of offering super-app on the lines of Chinese giant WeChat which is a messaging and ecommerce platform rolled into one.

#RelianceJio
3) Facebook gets a seat on all the Jio Platforms.

#RelianceJio
Read 11 tweets
4 lesser known truths about the big #Facebook #RelianceJio deal:

1. Facebook struggled with regulation for 3 years in trying to launch #WhatsApp Pay bcoz of privacy issues+blocking by high access of PayTM etc. So FB made a deal with the big daddy of Indian companies with access.
2. The recently launched NUE framework by the #RBI is possibly a big end game being targeted by the partnership. This framework allows for parallel payment infrastructure to UPI being set up countrywide. $5.7 bn is cheap for this scale of access & profit

m.rbi.org.in/scripts/bs_vie…
3. Privacy debate would kick up to the next level, now that whatsapp/facebook data + payment data + telecom data from Jio could be shared. Whatsapp has already cleared the data localization hurdle by setting up servers locally.
Read 4 tweets

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