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It will be keenly watched if Reliance Jio's IPO will surpass Hyundai's IPO size and take the title of biggest ever public offer

Reliance Jio IPO in 2025: Could this be India’s biggest ever?

It will be keenly watched if Reliance Jio's IPO will surpass Hyundai's IPO size and take the title of biggest ever public offer

Reliance Jio is expected to go public in 2025 with a potential valuation exceeding 9.3 lakh crore rupees, according to global brokerage Jefferies. It also adds that the IPO could be an offer for sale by minority stakeholders.
If listed through a spin-off, it will be Reliance Industries' second spin-off in three years, following the spin-off of Jio Financial Services in August 2023.
Jefferies suggests that the listing of Reliance Jio could significantly bolster Reliance Industries' stock price, with a projected valuation of 112 billion dollars for Jio potentially boosting Reliance shares by 7-15%. Maintaining a BUY rating on Reliance, Jefferies sets a target price of 3,580 rupees per share, indicating a 14% potential upside. In June, Reliance Jio Infocomm announced new tariff plans featuring unlimited data, aimed at enhancing monetization and expanding its subscriber base. The prospective listing of Reliance Jio will intensify competition among telecom giants like Bharti Airtel and Vodafone Idea. In 2023, the founder, at 67 years old, facilitated the ascension of his eldest son, Akash Ambani, to the chairmanship of Reliance Jio Infocomm. Akash had been integral to Reliance Jio's leadership team since 2014. Meanwhile, Hyundai has submitted a draft prospectus to SEBI for a 25,000 crore rupees IPO, potentially the largest in India's market history. It will be keenly watched if Reliance Jio's IPO will surpass Hyundai's IPO size and take the title of biggest ever public offer.

The JioPhone Prima 4G is an affordable and feature-packed option for 2G phone users looking to upgrade to 4G networks.

Reliance JioPhone Prima 4G now available for purchase: Check price in India, features

<h2>The JioPhone Prima 4G is an affordable and feature-packed option for 2G phone users looking to upgrade to 4G networks.</h2>

Reliance Jio, one of India's leading telecom operators, has announced the availability of its JioPhone Prima 4G feature phone in the Indian market.&nbsp;
<h3>JioPhone Prima 4G Price in India</h3>
Priced at a budget-friendly ₹2,599, the JioPhone Prima aims to attract 2G users, particularly in rural areas, to make the leap to 4G connectivity.
<h3>Feature-packed and Powered by KaiOS</h3>
The JioPhone Prima offers a range of features powered by the popular KaiOS operating system. This affordable 4G feature phone supports essential applications like YouTube, Facebook, WhatsApp, and even Google Assistant.&nbsp;
With these apps readily available, users can enjoy social media, messaging, and voice assistance on their budget-friendly device.
<h3>Seamless Connectivity and Multilingual Support</h3>
Equipped with a 1800mAh battery, the JioPhone Prima ensures extended battery life for uninterrupted usage. Additionally, the device supports 23 languages, catering to the diverse linguistic preferences of Indian users.
<h3>Enhanced Functionality</h3>
The JioPhone Prima comes with built-in cameras for both video calling and photography purposes, offering an all-in-one solution for communication and capturing memories.&nbsp;
Moreover, it comes preloaded with a suite of Jio applications including JioTV, JioCinema, JioSaavn, and JioPay, providing users with a wide range of entertainment and payment options.
<h3>Targeting 2G Users in Rural Areas</h3>
Reliance Industries, the parent company of Jio, initially launched the JioBharat phone at a price of ₹999, strategically targeting the vast population of 2G users in the country.&nbsp;
The JioPhone Prima is a successor to this initiative, aiming to further expand its user base by providing an affordable and feature-rich 4G option to customers, especially in rural areas.
<h3>Impressive Growth in 4G Feature Phone Market</h3>
According to a recent report by CyberMedia Research (CMR), the 4G feature phone market in India witnessed exceptional growth of over 300% year-over-year in Q3 2023.&nbsp;
However, the overall feature phone market experienced a decline of 6% year-over-year, with 2G feature phone shipments falling by 27% during the same period.
Also watch: <a href="https://www.editorji.com/tech-news/mobiles/oppo-reno-11-series-expected-to-launch-in-november-leak-suggests-1699349525862">Oppo Reno 11 series expected to launch in November, leak suggests</a>

Billionaire Mukesh Ambani for the second year in a row drew zero salary from his flagship firm Reliance Industries. 
In June 2020, Mukesh D Ambani, the Chairman and Managing Director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
He continued to forgo his salary in 2021-22 as well.
Despite not taking any salary in 2020-21, the Asia's richest man has seen consistent rise in his net worth. In the past one week, his wealth surged $6.2 billion to $83.2 billion, Bloomberg Billionaire Index shows. Amabni holds 49.14 per cent stake in Reliance Industries.

Mukesh Ambani took zero salary for the second year in a row; here's why

No salary for Ambani, find out why

Ambani had kept his annual salary from his flagship firm capped at Rs 15 crore for 12th year till FY'20

India's second richest man Mukesh Ambani for the second year in a row drew zero salary from his flagship firm Reliance Industries.&nbsp;
In June 2020, <a href="https://www.editorji.com/business-news/mukesh-ambani-takes-zero-salary-for-the-second-year-in-a-row-here-s-why-1659957170572">Mukesh Ambani</a>, the Chairman and Managing Director of Reliance Industries, voluntarily decided to forego his salary for the year 2020-21, in light of the COVID-19 outbreak in India, which exacted a huge toll on the societal, economic and industrial health of the nation.
Read More: <a href="https://www.editorji.com/business-news/don-t-pay-find-out-why-75-000-brits-will-stop-paying-their-power-bill-1660016159417">Reliance to bring Balenciaga to India</a>
He continued to forgo his salary in 2021-22 as well.
Despite not taking any salary in 2020-21, Ambani has seen consistent rise in his net worth. In the past one week, his wealth surged $6.2 billion to $83.2 billion, Bloomberg Billionaire Index shows. Ambani holds 49.14 per cent stake in Reliance Industries.

Reliance Jio has revamped its Rs 98 plan and introduced a new Rs 119 plan with some additional features.
This would be the cheapest prepaid plan from Reliance Jio that will offer 1.5 GB of internet per day. With all the changes, the plan validity has also been reduced from 28 days to 14 days.
This bundling makes it the most affordable data pack in this category. Reliance revised its prepaid tariffs starting December 1 making the entire structure costly by a minimum of 21 percent.

Reliance Jio big secret launch, new pre-paid plan - cheapest yet offering 

Reliance has introduced its cheapest Rs 119 plan that will provide 1.5 GB per day of data.

Reliance Jio's new Rs 119 plan

Reliance Jio&nbsp;has revamped its Rs 98 plan and introduced a new Rs 119 plan with some additional features.
This would be the cheapest prepaid plan from Reliance Jio&nbsp;that will offer 1.5 GB of internet&nbsp;per day. With all the changes, the plan validity has also been reduced from 28 days to 14 days.
This bundling makes it the most affordable data pack in this category. Reliance revised its prepaid tariffs starting December 1 making the entire structure costly by a minimum of 21 percent.
&nbsp;
&nbsp;

This would be the cheapest prepaid plan from Reliance Jio&nbsp;that will offer 1.5 GB of internet&nbsp;per day.

Reliance Jio&nbsp;has revamped its Rs 98 plan and introduced a new Rs 119 plan with some additional features.
This would be the cheapest prepaid plan from Reliance Jio&nbsp;that will offer 1.5 GB of internet&nbsp;per day. With all the changes, the plan validity has also been reduced from 28 days to 14 days.&nbsp;Jio has also&nbsp;revised the plan benefits to offer 300 SMS with the plan.&nbsp; Jio recently complained to TRAI about rival Vodafone Idea not offering SMS benefits with its entry-level plan barring users from porting to other telcos.
This bundling makes it the most affordable data pack in this category. Reliance revised its prepaid tariffs starting December 1 making the entire structure costly by a minimum of 21 percent along with other operators.&nbsp; &nbsp;

JioPhone Next that is the big buzzword in business and consumer circles as Reliance gears to launch the much awaited phone on September 10. 

JioPhone Next: Mukesh Ambani set to deliver cheapest smartphone, all the details here

Get ready to dial in your order for&nbsp;JioPhone Next, Reliance set to launch India's most affordable smartphone.

JioPhone Next

JioPhone Next Launch:&nbsp;At its AGM in June &rsquo;21, Reliance Industries announced it's&nbsp;JioPhone Next. The phone, made in collaboration with Google, is set to launch on September 10.

JioPhone Next that is the big buzzword in business and consumer circles as Reliance gears to launch the much awaited phone on September 10.&nbsp; The affordable&nbsp;smartphone made in collaboration with Google is Mukesh&nbsp;Ambani's big step in making India '2G Mukt' has he promised shareholders at the June AGM. The&nbsp;rumour mill suggests&nbsp;that the handset could cost Rs 3,499. This means&nbsp;<a href="https://www.editorji.com/story/report-jiophone-next-pre-bookings-could-go-live-from-next-week-check-price-and-specs-1630229549101" target="_blank">JioPhone Next</a> reportedly may become India&rsquo;s cheapest smartphone even as it comes with specs similar to current entry-level smartphones priced at Rs 5000-7500. Google chief Sundar&nbsp;Pichai said the device will run on a customised version of Android OS. The buzz in the tech circles&nbsp;suggest that the new JioPhone would ship with&nbsp;Android&nbsp;11 (Go edition), and offer a compact 5.5-inch HD display Affordability but smartphone&nbsp;feature&nbsp;rich, that's the promise Reliance is striving to keep. The device reportedly supports a digital assistant, so users will also be able to ask Google Assistant for the latest cricket scores or play music on Jio Saavn.
Also Read:&nbsp;<a href="https://www.editorji.com/story/google-jio-to-collaborate-on-made-for-india-jiophone-next-smartphone-1624538282354" target="_blank">Google, Jio to collaborate on made-for-India JioPhone Next smartphone</a> Media reports indicate that subscribers may be required to pay only 10% of the device cost upfront which could be sub Rs 3500; Reliance has roped in banks as well as NBFCs to help with subscriber financing.

According to a report by 91mobiles, the highly anticipated JioPhone Next could be up for pre-booking in India as early as next week. 

Report: JioPhone Next pre-bookings could go live from next week, check price and specs

According to a report by 91mobiles, the highly anticipated JioPhone Next could be up for pre-booking in India as early as next week. It is set to be available from September 10.

Report: JioPhone Next pre-bookings could go live from next week, check price and specs
According to a report by 91mobiles, the highly anticipated JioPhone Next could be up for pre-booking in India as early as next week. It is set to be available from September 10. The smartphone, jointly developed by Google and Jio, is expected to feature a 5.5-inch HD display, along with up to 3GB RAM and up to 32GB storage. It may pack in a 13MP rear camera and an 8MP front camera, and could run Android 11 Go, which is optimised for low-spec devices. Although the phone&rsquo;s price has not been officially announced yet, a tipster has claimed it will cost ₹3,499.
JioPhone Next pre-bookings could go live from next week JioPhone Next set to be available from September 10 5.5&rdquo; HD display, up to 3GB RAM, up to 32GB storage 13MP rear camera, 8MP front camera, Android 11 Go JioPhone Next could be priced at ₹3,499

According to a report by 91mobiles, the highly anticipated JioPhone Next could be up for pre-booking in India as early as next week. It is set to be available from September 10.

According to a report by 91mobiles, the highly anticipated JioPhone Next could be up for pre-booking in India as early as next week. It is set to be available from September 10.
The smartphone, jointly developed by Google and Jio, is expected to feature a 5.5-inch HD display, along with up to 3GB RAM and up to 32GB storage.
Also Read:&nbsp;<a href="https://www.editorji.com/story/whatsapp-terms-of-service-acceptance-to-be-made-optional-report-1630161208565" target="_blank">WhatsApp terms of service acceptance to be made optional: report</a>
It may pack in a 13MP rear camera and an 8MP front camera, and could run Android 11 Go, which is optimised for low-spec devices.
Although the phone&rsquo;s price has not been officially announced yet, a tipster has claimed it will cost ₹3,499.

Reliance Jio on Thursday announced that it would once again make off-net domestic voice calls free on its network starting January 1, 2021. 

Reliance Jio Happy New Year Offers: All Jio to non-Jio voice calls free from 1 January 2021

Reliance Jio on Thursday announced that it would once again make off-net domestic voice calls free on its network starting January 1, 2021. The operator will restart its earlier practice over a year, after it started charging its subscribers 6 paise a minute to make voice calls to other mobile networks. The fresh decision came as a result of the &lsquo;Bill and Keep' regime that the Telecom Regulatory Authority of India (TRAI) is implementing in the country from January 1 that will end interconnect usage charges (IUC) for all domestic voice calls.

You can make free voice calls from Jio to all networks from Jan 1

Free voice calls from Jio&nbsp;to all networks from Jan 1
Jio&nbsp;reversing earlier move of charging domestic calls
Jio brought a 6&nbsp;paise/min charge&nbsp;in Oct 2019
New move due to TRAI's&nbsp;'Bill and Keep' regime
Jio faced flak for charging voice calls to other networks

Reliance Jio on Thursday announced that it would once again make off-net domestic voice calls free on its network starting January 1, 2021. The operator will restart its earlier practice over a year, after it started charging its subscribers 6 paise a minute to make voice calls to other mobile networks. The fresh decision came as a result of the &lsquo;Bill and Keep' regime that the Telecom Regulatory Authority of India (TRAI) is implementing in the country from January 1 that will end interconnect usage charges (IUC) for all domestic voice calls.

What Facebook and Reliance Jio will do together? 

With a $5.7 billion investment in Reliance's Jio Platforms, Facebook's WhatsApp and Jio's online platforms can coalesce to create a super-app in India.

reliance jio

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