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RJIL reports net profit of Rs 6.81 billi...

Reliance Jio Infocomm Limited (RJIL) has reported a net profit of Rs 6.12 billion during the quarter ended September 2018. Further, the operator witnessed a year on year growth of 50.3 per cent in its operating revenue, which increased from Rs 61.47 billion during the quarter ended September 2017 to Rs 92.40 billion during the quarter ended September 2018.

Bharti Airtel partners with NDTV to laun...

Bharti Airtel has partnered with NDTV to launch NDTV Hop which would be the world’s first live channel offering exclusive content for Airtel TV users. Under the partnership, NDTV HOP would offer its users instant access to digital content comprising of the latest news, Bollywood, auto, technology, pop-culture, online deals and fashion among others.

Xiaomi planning to foray into consumer f...

According to Xiaomi’s regulatory disclosure, the company is planning to foray into consumer finance and business-to-business (B2B) lending in India by floating a non banking financial company (NBFC), Xiaomi Financial Services India. In this regard, the new entity is going to seek for an approval from the Reserve Bank of India (RBI).

Vodafone Idea to award new network contr...

Vodafone Idea Limited (VIL) might award new network contracts for its pan India radio network to Nokia, Ericsson and Huawei. As per the proposed contract, Nokia would get 11 circles, Ericsson would get 7 circles and Huawei would get around 4-5 circles.