Jio Financial says not in talks to acquire Paytm’s wallet business

Jio Financial says not in talks to acquire Paytm’s wallet business

Image Credits: Dhiraj Singh / Bloomberg / Getty Images Reliance Industries spinoff Jio Financial Services said Monday evening that it is not negotiating with Paytm to acquire its wallet business, quashing “speculative” media reports as the Noida-headquartered firm scrambles to put out a fire from the central bank’s clampdown last week. The Hindu Business Line …

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Reliance Showcases Multipurpose, Swappable Batteries for Electric Vehicles

Reliance Showcases Multipurpose, Swappable Batteries for Electric Vehicles

Reliance Industries showcased its swappable and multipurpose battery storage technology for electric vehicles (EVs) on Wednesday, as it makes a big push on clean energy. Reliance, led by billionaire Mukesh Ambani, displayed removable and swappable batteries for EVs that can also be used to power household appliances through an inverter at a renewable energy exhibition. …

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Ajio: AJIO scam: What it is and Delhi HC’s order to Delhi Police

Ajio: AJIO scam: What it is and Delhi HC’s order to Delhi Police

The Delhi High Court has reportedly directed the Delhi Police’s Cyber Cell to conduct an investigation into a large-scale scam involving the fraudulent collection of money under the name of online fashion and lifestyle brand AJIO. In an order, Justice Prathiba M Singh directed Delhi Police’s cyber cell to take urgent action in accordance with …

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Reliance 46th Agm: Reliance 46th AGM: 5G router Jio AirFiber to launch on September 19

Reliance 46th Agm: Reliance 46th AGM: 5G router Jio AirFiber to launch on September 19

Reliance Jio AirFiber to launch on September 19. As widely expected, the announcement was made by Reliance Industries chairman and managing director Mukesh D Ambani at the company’s 46th annual general meeting (AGM). The Fixed Wireless Access (FWA) device from the company will be launched on the auspicious occasion of Ganesh Chaturthi.“Today, I’m delighted to …

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Minister of State for Communications Responds to Airtel’s Complaint Against Reliance Jio in Rajya Sabha

Minister of State for Communications Responds to Airtel’s Complaint Against Reliance Jio in Rajya Sabha

Earlier this year, Airtel filed a complaint with telecom regulator Trai against Reliance Jio, accusing them of offering predatory live TV channel offers with their JioFibre home broadband plans. Airtel claimed that these backup plans by JioFiber disrupt the DTH digital TV market, exhibit predatory pricing, and violate Trai’s NTO pricing regulations. Jio also provides …

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The Interesting Encounter When Anand Mahindra and Mukesh Ambani Attempted to Book an Uber

The Interesting Encounter When Anand Mahindra and Mukesh Ambani Attempted to Book an Uber

Mahindra Group chairman Anand Mahindra has been actively sharing pictures from his recent US tour on Twitter. During Prime Minister Narendra Modi’s visit to the US from June 21-24, Mahindra was part of the Indian business delegation. One event he attended was the India-US Hi-Tech Handshake, which aimed to strengthen ties in the high-tech sector. …

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