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The Latest Breaking News from Jio

Spectrum auction enters sixth day of bidding; garners nearly Rs 1.50 lakh crore so far

The auction of the 5G spectrum capable of offering ultra-high-speed internet entered the sixth day of bidding on Sunday after receiving bids worth 1,49,966 crore in the first five days from players like Reliance Jio and Bharti Airtel. Read more on Dynamite News:

Dynamite News

5G spectrum auction enters Day 2: Jio may be lead bidder

The auction of 5G spectrum entered the second day on Wednesday with the opening of the fifth round. Read more on Dynamite News:

Dynamite News

Bidding for spectrum, including 5G airwaves, to begin this week

Reliance Jio, Adani Data Networks, Bharti Airtel and Vodafone Idea to participate in the auction set to begin on July 26, at which analysts do not foresee any aggressive bidding due to the abundancy of spectrum and the limited number of participants

The Hindu

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Jio adds over 31 lakh mobile users in May, VIL loses 7.6 lakh subscribers: TRAI data

Bharti Airtel added 10.27 lakh subscribers, while BSNL and Vodafone-Idea lost 7.59 lakh wireless connections and 5.36 lakh subscribers respectively

The Hindu

Adani Data Networks, Reliance Jio, Bharti Airtel, Vodafone Idea submit applications to participate in the upcoming spectrum auctions

A total of 72,097.85 MHz of spectrum worth at least ₹4.3 lakh crore will be put on the block during the auctions, which are set to commence on July 26.

The Hindu

Mukesh Ambani resigns from Reliance Jio Board, Akash appointed Chairman

Reliance Industries chairman Mukesh Ambani has resigned from the board of Reliance Jio handing over reigns to his elder son Akash Ambani, who will be Chairman of the Board of Directors.

Dynamite News

The world’s top 10 billionaires: Who are they, what is their net worths and how did they build their fortunes?

The rate of billionaires increases year on year, with the current number at 2,755 billionaires worldwide, according to Forbes magazine.

Evening Standard

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Boots could be taken over by eighth richest man on earth as Mukesh Ambani in rumoured bid

He's believed to be teaming up with a US giant

Nottingham Post

Eighth richest man on earth Mukesh Ambani rumoured to be planning joint takeover of Boots

Boots CEO Seb James stressed this month there was 'a lot of interest' in business amid fears £7bn sale had stalled

Birmingham Post

How a Reliance-funded firm boosts BJP’s campaigns on Facebook

Legal loopholes, selective use of rules allowed a Reliance company to pump in millions to promote the BJP in elections.

Al Jazeera

A review of NL Hafta by Rajkumar, Prakash, Rajeev and Harsh

Hi NL Team,

Newslaundry

As India, Pak duel over Gurez dam, a village in Kashmir longs for electricity

The spectacular Gurez valley lies secluded in the upper reaches of the Himalaya, tucked between the northern stretch of Kashmir, 123 km from Srinagar, and Pakistan’s southern horizon. When you tell the locals how beautiful it is, the common response is: “Oh, but you don’t want to be here in the winters.”

Newslaundry

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