Archive for July, 2016

Reliance Jio Launches the New LYF WATER 8

July 29, 2016

Mukesh Ambani led Reliance Jio recently added a new model to its range of LYF smart phones. The new handset called the LYF WATER 8 comes equipped with superior features at a reasonable price of Rs. 10,999. Like all the other LYF devices, this handset is also VoLTE-enabled.

LYF WATER 8

The LYF WATER 8 offers value for money with its sleek metal frame design. It flaunts a large high-definition, 5-inch display which has a layer of strong Corning Gorilla Glass 3 over it for optimum protection. The display has a pixel resolution of 720 X 1280. Besides, the phone also has a powerful 13MP rear camera coupled with an LED flash. Selfie lovers will be impressed with the device’s 5MP front camera. The LYF WATER 8 is powered by a durable 2,600 mAh battery. The device also offers users a range of connectivity options like LTE, 3G, Wi-Fi, GPS, Bluetooth and 4G.

Features of WATER 8

The LYF WATER 8 operates on Android 5.1 Lollipop. The efficiency of the device is enhanced by its processing system which is an octa-core Qualcomm Snapdragon processor. Users will have no storage issues as the device comes with an inbuilt 16GB ROM which is expandable up to 128GB with the help of a micro-SD card. The LYF WATER 8 also has 3GB RAM.

LYF EARTH 2

One of the other devices by LYF that recently made its foray into the market is the LYF EARTH 2. The device comprises high-quality specifications and is available at a price of Rs. 21,599. Like the LYF WATER 8, this handset also has a 5-inch display with a pixel resolution of 1920 X 1080. A Corning Gorilla Glass 3 layer protects the display from scratches and other physical aggressors.

Specifications of EARTH 2

The LYF EARTH 2 runs on the operating system Android 5.1.1 Lollipop. Besides, it also possesses a powerful octa-core Qualcomm Snapdragon 615 CPU processor clocked at a speed of 1.5 GHz. The device encompasses 3GB of RAM and runs on a 2,500 mAh battery. Easy storage is facilitated with the device’s 32GB of internal storage that can be extended to a limit of 64GB through a micro-SD card.

Targeting small cities

Mukesh Ambani led Reliance Jio also intends to expand its customer base through superior high-speed 4G services. Jio’s 4G LTE network has managed to reach out to several areas across India including tier II and tier III locations. Furthermore, there has been a substantial increase in the number of start-ups who have decided to invest in these regions. The active involvement of such start-ups from cities like Surat, Jaipur, Chennai, and Ahmedabad will expand India’s reach in the global market.

Reliance Jio is expected to offer packages to such start-up firms if they relocate from tier II regions such as Nagpur, Pune, Thane, and Nashik to cities like Mumbai because of better Internet facilities. This initiative by Reliance Jio will affect the output positively. The company will also dramatically impact the market once it commercially launches its 4G services.

Summary

Jio introduced the new LYF WATER 8 handset to its line-up of smart phones. The company is set to impact smaller regions through its advanced 4G LTE services.

Advertisements

Reliance Jio Plans to Expand its Customer Base through Preview Offers

July 27, 2016

Reliance Industries (RIL) is making its foray into the broadband and telecom sector through its digital arm Reliance Jio. Therefore, in order to expand its user base and encourage individuals to switch to Jio, the world’s largest start-up is partnering with leading smart phone manufacturers.

Subscriber base

Due to the referral invite system and tie-ups with phone manufacturers, Jio has already acquired a consumer base of 1.5 million individuals much before its commercial launch. This comprises LYF buyers, retailers, employees, and business partners.

Predictions are being made by leading industry analysts regarding the launch date and Jio’s expansion. Morgan Stanley reports stated that the company will garner an estimated 30 million subscribers by the end of the current financial year. This will enable Jio to earn over $ 1 billion through revenue.

Jio’s long-term plan

Jio’s strategy is focused on providing non-LYF smart phone users the opportunity to avail of Jio’s services. This would help in attracting consumers to test the network. The tie-ups with several smart phone brands offer the buyers limited access to data services through Jio SIM cards. These allow the individuals to make use of free unlimited data and calling plans for 90 days. Satisfied customers would then be offered the mobile number portability (MNP) option on expiry of the trial period.

The company is also emphasizing on its Jio Join application which would allow non LTE-enabled smart phones to also make VoLTE calls using Jio SIM cards. The app is available on Google Play Store and enables HD voice calling, media-rich messaging, and seamless file sharing.

Smart phone associations

Mukesh Ambani led Reliance Jio recently collaborated with Samsung and many other partnerships are expected in the near future. The upcoming telecom provider intends to associate with all leading manufacturers of smart phone devices in order to thoroughly penetrate the market. A partnership with Apple iPhones is said to be next on the cards.

The company is conducting tests on the smart devices to ensure their compatibility with Jio services. The phones that qualify are expected to help Jio reach out to more demographics, thereby, also increasing the sales of the affiliated devices.

Jio and Samsung

On purchase of select Samsung devices, customers will now be able to avail of Jio SIMs. This would enable them to access unlimited free data and voice calling in addition to using premium Jio applications. The offer also helped Samsung boost its sales by 15-20% according to an industry source.

Fundraising for Jio

The parent company of Jio, Reliance Industries Limited (RIL) released rights issue to its shareholders which helped the company raise Rs. 15,000 crore. The amount will be used to enhance Jio’s network services and will help it cover 90% of the Indian population within two years of its commercial launch.

Additionally, out of the Rs. 1.5 lakh crore investment made by RIL, Rs. 1.34 lakh crore is being used to increase the spectrum coverage and enhance the network.

Summary

Reliance Jio is devising a strategy to expand its current consumer base of 1.5 million users through tie-ups with phone manufacturers.

“SHE WALKS, SHE LEADS” by GUNJAN JAIN

July 22, 2016

Mumbai, 21st July, 2016: An avid reader who is also a compulsive writer, a thought leader, often sharing her discernment at public forums, Gunjan Jain along with Penguin Random House India today launched her debut book – She Walks, She Leads in Mumbai. The book is an anthology of 24 women achievers who are at the pinnacle of their profession. The anthology is likely to be the first of its kind in the global publishing industry to feature over 150+ leaders who have authorized their presence and is likely to be in Guinness for its achievements. The first copy of the book is releasing on 15th of August 2016 and will be available at all the leading bookstores across India for Rs. 799.Nita Ambani at the Book Launch Event

Ms. Nita Ambani and Mr. Deepak Parekh supported the launch event in the city and invited their key guests for the evening. Some of the prominent faces in attendance were Mr. Shahrukh Khan, Mr. Mukesh Ambani, Ms. Isha Ambani, Mr. Anant Ambani, Mr. Akash Ambani, Ms. Anupama Chopra, Ms. Chhaya Momaya, Mr. Gautam Singhania, Ms. Nandita Das, Ms. Parmeshwar Godrej, Ms. Rajashree Birla, Mr. Subhash Chandra, Ms. Zia Mody, Mr. Kumar Mangalam Birla & Ms. Chanda Kochhar etc. The evening kicked off with welcome remarks and opening speech by Ms. Nita Ambani and Mr. Ajay Piramal followed by book unveiling and book reading by Ms. Swati Piramal. This was trailed by a panel discussion with Mr. Ajay Piramal, Mr. Adi Godrej and Mr. Suhel Seth on ‘The Pursuit of Success: Do men and women do it differently?’

Nita Ambani at the launch of Book-She Walks, She Leads.jpg

She Walks, She Leads, covers 24 women across 24 chapters, each based on extensive interviews with the protagonist and enlivened with the views and comments by her professional associates, peers, friends and family members. More than 130 leading personalities from a wide range of professions have lent their voices on these featured women providing rare insights of their life and considerably enrich their stories.

Women featured in book are Ms. Nita Ambani, Ms. Sudha Murty, Ms. Priyanka Chopra, Ms. Kareena Kapoor Khan, Ms. Sania Mirza, Ms. Saina Nehwal, Ms. Indira Nooyi, Ms. Mary Kom, Ms. Parameshwar Godrej, Ms. Rajashree Birla, Ms. Yasmeen Premji, Ms. Anu Aga, Ms. Chanda Kochhar, Ms. Naina Lal Kidwai, Ms. Kiran Mazumdar Shaw, Ms. Zia Mody, Ms. Swati Piramal, Ms. Shabana Azmi, Ms. Mira Nair, Ms. Anamika Khanna, Ms. Ritu Kumar, Ms. Jyotsna Darda, Ms. Shobhana Bhartia, and Ms. Indu Jain.

“I am delighted to be part of the launch of She Walks, She Leads, which is a remarkable collection of stories about Women who inspire India. I am glad to see a book that acknowledges strong women leaders and their contribution towards the society, from various walks of life like business, art, sports and media. I believe that successful women must be recognized not only because they deserve appreciation but it also encourages other women to face all odds and emerge as successful and confident personalities. Gunjan Jain has a fine ability to express the finest nuances of one’s life for inspiration for all.” Says, Deepak Parekh, Chairman, HDFC Group.

“I have always believed that women have the ability to inspire change to make the world a better place through the multiple roles they play. Gunjan has beautifully crafted different roles of 24 women achievers in her book – stories that exemplify their commitment to excellence in whatever they do and which can inspire a whole generation of women. Congratulations to every woman featured in this book.” Says, Nita Ambani, Founder and Chairperson of Reliance Foundation. 

Nita Ambani with Shah Rukh Khan at the Book Launch.jpg

After immense hard work and meeting with connoisseurs from all walks of life, Gunjan Jain says, “I am thrilled to launch my first book. It’s always been my dream to be an author and inspire people, especially women since I was very close to my mother. Meeting with so many dynamic professionals and writing this book has been a prodigious experience all together. Interacting with the women achievers of India and learning about their stories has been of great privilege. I have immense gratitude for them to take out time from their busy schedules to make my debut book a success.”

Gunjan Jain interviewed more than 130 heads of leading businesses and corporate houses, statesmen and professional personalities who have given their personal views on the woman achiever concerned. Some of the icons who have contributed their thoughts in the book are Mukesh Ambani, Azim Premji, Narayana Murthy, Adi Godrej, Kumar Managalam Birla, Narayanan Vaghul, KV Kamath, Sunil Mittal, Raghav Bhal, Subhash Chandra, Dr Shashi Tharoor, Sanjiv Goenka, Nandan Nilekani, Dr Vishal Sikka, KV Kamath, Ronnie Screwvala, Ajay Piramal, Anand Mahindra, Cyril Shroff, Vijay Mallya, Yuvraj Singh, Sonam Kapoor, Sachin Tendulkar, Karan Johar, Shah Rukh Khan, Akash and Isha Ambani and many others.

Summary

This book is written by a debutant author on women such as Ms. Nita Ambani, Ms. Sudha Murty, Ms. Priyanka Chopra, Ms. Chanda Kochhar, Ms. Sania Mirza, Ms. Saina Nehwal, Ms. Indira Nooyi, Ms. Mary Kom and many others who inspire India.

India’s Contingent at the Rio Olympics Backed by Reliance Jio

July 18, 2016

The Rio Olympics to be held in August 2016 will witness the largest Indian contingent till date. Reliance Industries Limited’s digital arm, Reliance Jio will be its ‘Principal Partner’ at the event.

Partnership with the Indian Olympic Association

Reliance Industries Limited (RIL) has been consistently working to improve the state of sports in the country, and this move is yet another step ahead towards its goal. Regarding the partnership of Reliance Jio with the Indian Olympic Association (IOA), a company spokesperson said that the Jio team feels privileged to be associated with the largest Indian contingent. One of the biggest private conglomerates in India, Reliance Industries believes in empowering the youth through the medium of sports.

The Reliance Jio spokesperson explained how the company, along with the country’s 1.3 billion citizens consider all the Indian athletes heroes.

Reliance Industries’ involvement in sports

Reliance Industries, along with IMG Worldwide, through their joint venture, have worked together in association with several basketball federations in the country to boost the popularity of football in India.

Over half a million young individuals have already been introduced to sports training owing to Reliance’s efforts. Reliance Foundation, the CSR arm of RIL, is training and scouting football talent in India through its grassroots football programs. Teaming up with basketball organizations through the country, Reliance’s Junior NBA initiatives also help to encourage basketball talent.

Reliance Jio services

Jio has acquired more than 1.5 million users in their beta phase of services. The company stated that their pilot run saw users consume more than 26GB and 355 minutes each on a monthly basis.

As part of a limited preview offer, LYF smart phone users were granted free Jio services for three months. Launched in December 2015 for Reliance stakeholders and employees, it was later selectively opened to the public through invites, LYF smart phones, and other offers. The Jio applications like JioOnDemand, JioChat, MyJio and Jio Play have been tested, along with the data and call services.

Commercial launch

A company spokesperson stated that the network, applications, and all Jio facilities are being thoroughly checked before the commercial roll out of Jio’s services. Reliance’s retail units have recorded a sale of over 20 million LYF smart phones,  which will in turn help the company attract  potential Jio 4G subscribers.

The company recently offered heavy discounts on its FLAME series, this move of announcing a dip in LYF smartphone price has ensured that users can purchase LTE-enabled FLAME handsets at an affordable price.

Bandwidth purchase

Reliance Jio has invested in Wi-Fi, FTTH, and LTE technology which will help Jio offer customers across India with high broadband speeds. Not only would Jio be able to host a high number of users, but also price the services with affordability in mind. Along with voice and data services, Jio is also set to offer various content applications.

Reliance Jio also holds the most extensive pan-India spectrum, thereby enhancing its services. It also makes the world’s largest start-up the only company to utilize sub-GHz spectrum band for seamless operation of LTE services.

Summary

Reliance Jio is the Principal Partner of the Indian contingent at the Rio Olympics 2016.

Reliance Jio Launches LYF WATER 4 and LYF WATER 6

July 14, 2016

Reliance LYF mobile phones price ranges from Rs. 4,000 to Rs. 20,000. The recent discounts on select devices allow users to avail of LTE-enabled 4G phones at an affordable price of Rs. 2,999. This concession is mainly applicable to LYF’s FLAME series.

The brand also recently launched two smart phone devices under its ELEMENTS collection, namely the LYF WATER 4 and WATER 6.

Superior software

LYF WATER 4 operates on a 1.2GHz quad-core processor called Qualcomm Snapdragon 410.  It provides the users with 16GB of internal storage capacity and i2GB RAM. It runs on Android 5.1.1 Lollipop.

WATER 6 runs on an MSM 8916 processor and a 2GB RAM. The device is equipped with Android Lollipop. The WATER 6 device provides users with a large storage capacity of 32GB.

Build quality

Both WATER 4 and WATER 6 are equipped with a 5-inch HD display to provide users with a 720p resolution. The displays are protected with Asahi Dragontrail glass known for its superior defense against scratches and dust. The devices come with a powerful battery of 2,920 mAh which can last an entire day.

WATER 4 and WATER 6 both have 13MP rear cameras which record in FHD resolution and are equipped with an LED flash. The 5MP front cameras also have an inbuilt touch-up mode.

Connectivity options

LYF smart phones have been devised to offer customers with a quality 4G experience. Therefore, LYF devices like the WATER 4 support the 850, 1800, and 2300 4G MHz bands. Other specifications include Bluetooth 4.1, LTE technology, GPS, Wi-Fi, and a 3.5mm output jack.

In addition to the above features, WATER 6 also supports an E-Compass, Accelerometer, Ambient Light Sensor, and Proximity Sensor.

Sleek design

LYF WATER 4 has a textured panel at the back and a metal frame. It is currently only available in the color white. WATER 6 is available in a unibody design and retails at Rs. 8,990.

Jio commercial launch

Presently, Jio services are available on a preview basis and its commercial launch is awaited. Users may avail of Jio SIM cards on the purchase of LYF smart phones. Following this, they will have to register on jio.com which provides them with a code. The code is non-transferrable and comes with an expiry date. Post registration, users may enjoy Jio services for free up to 90 days.

Jio services

LYF smart phones come with a free Jio SIM card. This SIM card grants customers access to three months of Jio services for free of cost. Additionally, LYF devices also offer a two-year warranty period as opposed to the one-year period offered by most smart phone brands.

Jio aims at creating an entire digital ecosystem, offering broadband services, applications, smart devices, and mobile telephony facilities. Its offerings range from a wide library of recorded and live music programs, television shows, sports programs to movies. Jio Money and Jio Play are among the most popular Jio applications.

LYF smart phone users can register themselves and avail of the various add-on services as well as content applications offered by Jio. Some of these include Jio Beat, Jio On-Demand, Jio Drive, and Jio Money.

Summary

Reliance Jio launches LYF WATER 4 and LYF WATER 6 with superior features under its Elements collection.

Reliance Jio Raises Rs. 2,000 Crore through Debentures

July 12, 2016

Reliance Jio issued non-convertible debentures (NCDs) worth Rs. 2,000 crore on BSE’s new platform. This amount will be used to ensure that Jio’s services not only match all quality standards but are also available at affordable rates. The NCDs are issued on a five-year basis at 8.32 percent per annum.

Investment avenues

Within minutes of the issuance, Jio’s debentures were over-subscription leading to a book size which exceeded Rs. 3,500 crore. This plan was announced in April 2016 although the amount they expected to raise back then was Rs. 2250 crore.

October 2015 saw Reliance Jio release NCDs worth Rs. 3000 crore. Prior to that, in May, the world’s largest start-up acquired a loan of $ 750 million from nine leading banks. The repayment period of this loan is ten years.

Commercial launch

The Head of Planning and Strategy at Reliance Jio, Anshuman Thakur, stated that the network is undergoing final modifications and tests to prevent any glitches in services. The company is striving to provide a seamless experience to all its users.

Discounted devices

A few of Reliance’s LYF models are being offered at discounted rates. LYF’s FLAME 3, FLAME 4, FLAME 5, and FLAME 6 are all being offered at a price of Rs. 2,999. This concession makes the FLAME series LYF’s most pocket-friendly range of smart phones.

Along with the LTE-enabled devices, the buyers also receive free unlimited Jio services for three months. The phones are available from the brand’s official website mylyf.com and at various Reliance Digital stores.

LYF EARTH 2

LYF phone price is Rs. 19,999 for EARTH 2, which is one of the brand’s most premium offerings. The promotion strategy for this device has already increased its popularity. It includes a television commercial that shows Bollywood actor Priyanka Chopra promoting EARTH 2’s unique features and functions. Offering quality specifications, and a unique voice-controlled camera feature, the device is already on demand in the market.

Phone specifications

LYF devices have two SIM slots, offering the dual SIM option. The smart phones run on a 1.5 GHz quad-core processor and have a 4-inch display. In addition to front and back cameras, LYF phones also support up to 10 Indian languages.

LYF’s reach

LYF offers variants within the price range of Rs. 4,000 to Rs. 20,000. The brand’s reach is further extended owing to its comprehensive distribution network that includes over 3,245 flagship stores.

LYF became India’s fifth-largest brand in terms of smart phone sales. In the LTE-enabled devices sector, LYF owns a 12.6% market share and is the third-largest seller.

Jio services

Jio aims at creating an entire digital ecosystem, offering broadband services, applications, smart devices, and mobile telephony facilities. Its offerings range from a wide library of recorded and live music programs, television shows, sports programs to movies. Jio Money, Jio Play and Jio Chat app are among the most popular Jio applications.

Promotional strategy

LYF smart phones were launched at an event that was attended by celebrities like Shahrukh Khan and the entire Ambani family. The brand partnered with the Lakme Fashion Week 2016, GQ Best Dressed Men 2016, and multiple IPL teams like Mumbai Indians and Rising Pune Supergiants. One of the other television commercials feature leading actor Kangana Ranaut, along with cricket players like MS Dhoni, R Ashwin, and Virat Kohli.

Summary

Reliance Jio issued non-convertible debentures worth Rs. 2,000 crore. It is currently offering discounts on its LYF FLAME series and is promoting the brand extensively across media platforms.

Nita Ambani Aims to Popularize Sports in India

July 8, 2016

Nita Ambani has always led from the front when it comes to the field of sports. Be it Reliance Foundation’s grassroots level football movements, the Indian Premier League (IPL), or the Indian Super League (ISL), Nita Ambani is extremely vocal about encouraging multiple sports across the country.

Indian Super League

Although football may not be as popular as cricket in India, Mrs. Ambani said that it is surely catching up. Referring to the ISL, she explains how the quality of players who have showed interest in the league has exceeded her expectations.

Stadiums in Kolkata, Goa, Kerala, and the north east of India witnessed a fill rate of over 90%. Cities like Pune and Chennai also have many people thronging the stadiums to support their favorite ISL teams. Nita Ambani said that on average, every stadium has 27,000 individuals in attendance.

Role played by Nita Ambani

Reliance’s association with IMG grants it access to the latter’s fashion, sports, and entertainment properties. As Chairperson of the league, Nita Ambani states that the extension of the ISL season from 2.5 months to 3.5 months would be highly beneficial. She feels that this would not only help more brands get associated with ISL but also give the teams a chance to sell.

Having gained experience from working for the Reliance Industries-owned Mumbai Indians team in the Indian Premier League (IPL), Nita explains how ISL team owners do not expect a break even occurring in the initial years. Since football is yet to take off massively in terms of popularity and awareness, they are happy with how things working out.

Reliance Foundation

Nita Ambani-led Reliance Foundation (RF) lays special emphasis on sports as she believes that sports can facilitate better learning and encourage young individuals to foster bonds with team mates and grow as leaders.

The foundation conducts an annual sports day with around 40,000 individuals who participate in the same. Reliance Foundation also launched the Jr. NBA Program in 2013 to promote basketball. With the help of schools, it has reached more than 8, 00,000 youngsters across the country.

Education for All initiative

Each year, the foundation involves underprivileged children from Mumbai in the IPL matches. Supported by the Education for All (EFA) initiative, several children are invited to witness a live Mumbai Indians match. In order to facilitate a good experience for differently-abled children, the foundation also makes special provisions for them.

Young Champs program

Launched in 2015, the program provides full-time training to aspiring footballers between the ages of 10 and 14 years. In the first year itself, the foundation reached out to over half a million children.

The Young Champs program is a key factor in determining the future prospect of ISL. Nita Ambani explained how the training and scouting camps at grassroots levels would help discover the hidden talent in India.

Summary

Nita Ambani’s Reliance Foundation strives to improve and enhance the state of sports in the country. Playing an integral role in Reliance’s IPL team – Mumbai Indians, has helped her manage and lead the ISL more efficiently. She believes that the encouragement of multiple sports in the country would greatly benefit India in the long run.

Reliance Industries Enters into a Joint Venture with State Bank of India

July 5, 2016

Private conglomerate Reliance Industries Limited (RIL) and the largest Indian banking company State Bank of India (SBI) have agreed to jointly set up a payments bank. RIL and SBI have equity contribution of 70% and 30% respectively in this venture.

In August 2015, 11 companies’ licenses, including RIL and SBI, were approved by the Reserve Bank of India (RBI) to commence a payments bank.

Payments banks

Payments banks offer Internet banking facility, money transfers, and accept deposits of amounts up to 100,000 initially per user. This service would also allow users to sell insurance policies as well as invest in mutual funds with the help of present retail or other networks.

In addition to the aforementioned offerings, payments banks would also enable users to avail of debit cards, or an ATM facility. The banks are not allowed to lend, thereby ruling out the credit card option. These payment banks are instead required to contribute three-fourths of their investment towards government bonds over short-term periods.

The joint venture

The payments banks will provide physical access points, of which 25% must compulsorily be based in the rural sectors of India. Reliance’s contribution to this joint venture is its cutting-edge technology since the brand is well-known for implementing new techniques and being constantly updated. In addition to RIL’s technology, its wide reach, and distribution, which is attributed to the retail and telecom projects it owns, would also prove to be extremely beneficial for the venture.

SBI enjoys an extremely diverse customer base across varying sections of society and is also the most popular one in the country. SBI’s expertise in the banking sector, coupled with RIL’s experience in the telecom and retail industries enable them to offer financial services to millions of customers and small enterprises.

Exploration in Tamil Nadu

Along with its banking venture, Mukesh Ambani led Reliance Industries Limited recently also received the green signal to drill additional wells in Tamil Nadu. This project is being undertaken to determine the sustainability and reservoir capacity of hydrocarbons. The total cost of drilling the eight new wells off the coast in Tamil Nadu is Rs. 800 crore. RIL discovered hydrocarbons in three out of the nine wells it has drilled in the state so far. The project will be undertaken in the DY-III-D5 offshore block and is licensed under the New Exploration Licensing Policy-III.

RIL had partnered with British Gas in the past as part of an unincorporated joint venture in the Panna-Mukta, Mid Tapti and South Tapti blocks, in which it owns a 30% stake. It also owns oil and natural gas blocks in Mahanadi, Cambay Basin, Gujarat Saurashtra, Cauvery Palar and the Krishna Godavari. Additionally, the company also has coal bed methane blocks in Madhya Pradesh and Sohagpur East and West.

Summary

Reliance Industries Limited has entered into a joint venture with the State Bank of India to create a payments bank facility. It owns 70% stake in this joint venture. RIL also got the go ahead to drill eight wells in Tamil Nadu to ascertain the presence and viability of hydrocarbons along the Tamil Nadu coast.

Reliance Jio’s MyJio, JioChat, and JioPlay the Most Popular Apps on Google Play Store

July 1, 2016

In order to create an entire digital ecosystem, Mukesh Ambani-led Reliance Jio offers a plethora of mobile applications which enhance user experience. Some of these include JioOnDemand, JioMoney, and JioJoin.

Furthermore, analysis of the data received from Google Play Store reveals that Reliance Jio applications such as JioChat, JioPlay, and MyJio rank high on the popularity scale in terms of downloads.

MyJio

MyJio allows users to manage all their Jio applications by serving as a gateway to several apps, facilitating easy access and installation. All the accounts and services related to Jio can also be conveniently managed by downloading it.

JioChat

JioChat is at the apex of the Jio applications list, with over 1,000,000 downloads. It is a quality platform to facilitate messaging, voice calling, and voice as well as video conferencing. Up to five individuals can simultaneously connect on the JioChat application, through its conference service. Additionally, there are stickers, and unique emoticons for users to personalize their chatting experience. One can also share videos and pictures over the application very conveniently.

JioPlay

JioPlay provides users access to over 300 television channels, including more than 30 HD channels, in multiple genres and languages. With JioPlay, users can also conveniently pause live programs and resume viewing them later from where they left off. The app currently has over 100,000 downloads in the Play Store.

JioOnDemand

JioOnDemand is a comprehensive application where users may enjoy movies, movie trailers, and music videos of several artists across genres and languages. Apart from Bollywood, Hollywood, and regional movies are also available on the application. Moreover, it offers over 100,000 hours of HD programs. The application allows users to stream HD movies and shows directly onto their devices without buffering or advertisements.

JioJoin

Jio Join enables users to make HD voice and video calls with a Jio SIM. The application makes any smart phone VoLTE-ready, and therefore allows individuals to experience a seamless video calling experience. Furthermore, it not only facilitates app to app calling, but also allows users to make calls to other cellular devices and landlines.

JioMoney

A mobile wallet application, JioMoney facilitates easy payments. Users may avail of digital services which can be paid for conveniently, as well as, several discounts and schemes offered by merchants through this application.

Jio LYF

Reliance Jio’s LYF has now become the third largest VoLTE-enabled smart phone brand in the country, having acquired a market share of 12.6%, according to a report by Cyber Media Research and Services Ltd. Recently, Reliance Jio launched LYF WIND 1 which is one of the best mobile under 10000 under the LYF brand.

Of the 42 brands that carried out shipments of smart phones, data cards and tablets, LYF was among the leading brands with a very high market share.

Summary

Reliance Jio applications like MyJio, JioChat, and JioPlay are leading applications in the Google Play Store. Jio LYF smart phones have acquired a 12.6% share in the 4G smart phone market, making LYF the 3rd largest handset provider.