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The Latest Breaking News from Jio

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

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

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5G auction: Jio submits earnest money of Rs 14,000 crore to DoT; Adani Group deposits Rs 100 crore

NEW DELHI: As the race for 5G spectrum auction heats up, billionaire Mukesh Ambani's Reliance Jio has made a Rs 14,000-crore earnest money deposit while rival Adani group made a modest Rs 100 crore deposit.

The Times of India

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

Explained in 10 charts: Why Mukesh Ambani's heirs will take over an empire different from what he inherited

NEW DELHI: Mukesh Ambani, the chairman of India's most valued firm Reliance Industries, has taken the first step to pass on the reins of leadership to the next generation of Ambanis.

The Times of India

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

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IPL media rights: 'It's not the price at which you win but the price at which you let it go'

MUMBAI: The question to ask before the much-anticipated Indian Premier League (IPL) media rights auction starting Sunday is not about the price at which you win it. It's about the price at which you let it go.

The Times of India

Tata Group most valuable Indian brand: Top UK firm

NEW DELHI: The Tata Group remains the most valuable Indian brand and its oldest company — Taj Hotels — has emerged as the strongest brand in India, according to UK-based Brand Finance (BF), which is the world's leading sectoral valuation consultancy.

The Times of India

Airtel, Jio drive telecom subscriber base to 116.6 crore in March

NEW DELHI: Net subscriber addition by Bharti Airtel and Reliance Jio increased the overall telecom user base to over 116.69 crore in March 2022, telecom regulator Trai said in its monthly report on Thursday.

The Times of India

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

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

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The Times of India

Jio inks sat JV to take on Musk, Tata, Mittal companies

NEW DELHI: Broadband through satellite is emerging as a major business area for telecom companies from India and abroad with a high-pitched battle on the cards between Mukesh Ambani’s Reliance Jio Platforms, Sunil Mittal-backed Bharti OneWeb, Tata’s Nelco and Elon Musk’s StarLink.

The Times of India

Reliance Jio plans satellite broadband rivaling SpaceX, OneWeb

NEW DELHI: The conglomerate helmed by Mukesh Ambani, Asia’s richest man, is moving to provide satellite broadband connectivity, muscling into a segment where billionaires Sunil Mittal’s OneWeb and Elon Musk’s SpaceX have ambitious plans.

The Times of India

Jio Platforms acquires 25% stake in Two Platforms for $15 million

NEW DELHI: Digital service company Jio Platforms on Friday announced an investment of $15 million in Silicon Valley-based deep tech startup Two Platforms for acquiring 25 per cent equity stake on a fully diluted basis.

The Times of India

Jio, Estonia's University of Oulu sign agreement for collaboration on 6G technology

NEW DELHI: Jio's Estonia arm and University of Oulu have signed an agreement to collaborate for development of 6G technology as well as to foster entrepreneurship.

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Newslaundry

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.”

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