Former French President Francois Hollande’s stunning claims on Rafale deal sparked a major political storm in India on Friday. In an interview to a French investigative news site Mediapart, Hollande claimed that it was the Indian government that had proposed the name of Anil Ambani’s company for the Rafalde deal and that it had no choice in this matter. The statement gave the Congress ultimate fodder in the election year […]

Buyouts, mergers and quick exits — as India`s richest man shakes up the country`s ultra-competitive mobile market, telecommunications companies are scrambling to either consolidate or cut their losses and run. Norwegian multinational Telenor recently became the latest to quit India and analysts expect other brands will disappear as intense price wars sparked by tycoon Mukesh Ambani mean thinning profit margins. Most of the smaller players will find it difficult to […]

Reliance Jio’s much-anticipated launch on Thursday offering free voice calls and data services at very low tariffs resembles a similar “disruptive” strategy that the company had adopted 13 years ago. In 2003, Mukesh Ambani-controlled Reliance India Mobile stormed the market with a “Monsoon Hungama” scheme, which offered mobile connection and a handset at R501. As incumbent operators jostled to keep their customer base intact, tariffs plunged, making mobile phones affordable […]

  Sunil Mantri(SM): Lot is being heard about Jio. Could you tell what exactly it is? Vinayak Patil(VP): Reliance Jio or simply Jio is a 4G Mobile Telephony and Digital service provider in India. The official name is Reliance Jio Infocomm Limited- RJIL. Jio plans to bring in a digital revolution in India. Jio will provide not just superb quality voice and broadband service but infact create an ecosystem on […]