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In 2024, Jio Financial Services opened a subsidiary called Jio Leasing Services Ltd, an unrelated leasing services business. [11] The subsidiary's first customer was another promoter owned company, Reliance Retail. [12] This was a massive $4.4 billion deal and some commentators saw it as a way to prop up the revenue of the promoter's retail ...
Jio Platforms Limited is an Indian multinational technology company, headquartered in Mumbai.It is a subsidiary of Reliance Industries.Established in 2019, it acts as a holding company for India's largest mobile network operator, Jio, and other digital businesses of Reliance.
Reliance Jio has introduced a budget-friendly 4G phone called Jio Bharat at an affordable price of ₹999. The phone's sales commenced on 7 July 2023, and Reliance Jio aims to eliminate 2G technology from India through the widespread adoption of this device. The Jio Bharat Phone is specifically targeted towards individuals who are unable to ...
Jio-bp, or legally Reliance BP Mobility Limited, is an Indian oil and gas company, owned by Mukesh Ambani of Reliance Industries Limited (RIL). It is based in Navi Mumbai , Maharashtra , India . It is vertically integrated and is involved in hydrocarbon exploration, production, refining and also has interests in the downstream business and ...
The share prices [110] of RIL were impacted by some margin when this news broke out. In 2005, after a bitter public feud between the brothers over the control of the Reliance empire, mother Kokilaben intervened to broker a deal splitting the RIL group business into two parts. [ 111 ]
As of today, Saavn is one of the largest distributors of Bollywood and other Indian entertainment in the world. [citation needed] On March 23, 2018, Reliance Industries acquired a majority stake in Saavn and its digital music service, JioMusic. The combined entity is valued at over US$1 billion and renamed as JioSaavn.
JioCinema. JioCinema is an Indian subscription based video-on-demand and over-the-top media streaming service owned by Digital18 a subsidiary of Viacom18, a joint venture of Reliance Industries and Paramount Global. It offers free advertising- and subscription-based video on demand and live streaming content. The service was initially launched ...
Vance won his seatin the Senate in 2022 and won’t be up for reelection as a senator until 2028. If he and Trump win in November, Vance would need to resign before taking the oath of office on ...