Archive for December, 2016

First Phase of Paraxylene Plant at Jamnagar Commissioned by Reliance Industries Limited

December 30, 2016

Reliance Industries Limited (RIL) is one of the country’s largest private conglomerates. It is also a leading company in the oil manufacturing business. On 28th December 2016, RIL announced the Paraxylene (PX) plant’s commissioning in Jamnagar. The plant’s first phase has been commissioned.

Paraxylene plant, Jamnagar

The plant has an annual capacity of 2.2 million tons of PX. World-class crystallization technology from BP has been used to build it. The plant has been created using this technology, which adheres to environment standards and has high energy efficiency. A statement released by Reliance Industries Limited stated that the plant’s commissioning is expected to increase the PX capacity of RIL to 4.2 million tons from the current 2.0 million tons. Additionally, once the whole PX capacity is commissioned, Reliance Industries Limited will emerge as the second largest PX producer in the world. The company will have a share of 11% in global production and 9% in global PX capacity. The increased PX capacity is expected to contribute largely to the refineries’ output, besides helping the Jamnagar complex garner profits.

Since PX is one of the major factors essential for the development of the entire polyester chain, the improved capacity will facilitate growth in RIL’s polyester value chain. This will offer Reliance better margins and also help the company gain global recognition in the polyester industry.

Increased capacity to help garner profits

Chairman and Managing Director of Reliance Industries Limited, Mukesh Ambani stated that the PX plant’s commissioning will be followed by a range of other projects. These will include petcoke gasification, refinery off-gas cracker, and ethane import project. He added that the PX commissioning will mark the beginning of this series of projects. According to Mukesh Ambani, the projects in petrochemicals and refining by RIL fall under the largest contemporary investment segment in the world. Cumulatively, they are worth more than Rs. 100,000 crore.

Mukesh Ambani concluded by stating that all the projects are undergoing developments consistently. He also added that they are on the verge of mechanical completion. According to him, the improved capacity of RIL’s PX plant will help the company come closer to its goal of ranking as one of the leading petrochemical businesses in the world.

Reliance Industries Limited is also basking in the success of its telecom arm, Reliance Jio. Reliance Jio, which launched its high-speed 4G services a few months ago, has become a favorite with customers. Apart from the efficiency of the network services, one of the other factors responsible for its success has been their affordability. Reliance Jio created a large impact in the market when it launched its welcome offer. This offer provides users with free data services until the end of December. Thereafter, the company launched the Jio Happy New Year Offer. This is considered to be an extension of the earlier offer and will be valid till the 31st of March 2017.

Summary

Paraxylene plant’s first phase has been commissioned by Reliance Industries Limited.

Jio’s Subscriber Base to Surpass 100 Million by March 2017 as per Fitch Ratings

December 26, 2016

The wave of technology has impacted India like never before, mainly because of 4G. Although 4G services were available, they were mainly accessible to only a few because of the high cost. However, Mukesh Ambani led Reliance Jio set an example by becoming one of the first network carriers to offer the high-speed 4G services to millions across the country at affordable rates.

Jio’s expanding user base

The telecom operator received a major boost to its subscriber base when it launched the welcome offer that allowed customers to access free data and app services for three months. Although this initial offer will now come to an end, the free data and app services will be continued in the recently devised Jio Happy New Year Offer. As per this offer, customers can enjoy free data and app benefits till the end of March 2017.

Nitin Soni’s views on Jio’s performance

With respect to Jio’s growing customer base, The Director of Fitch Ratings, Nitin Soni stated that the telecom operator’s marketing strategy has been effective in helping it garner a subscriber base crossing 52 million. In the interview given to BTVi, Soni explained that through the Jio happy New Year Offer, Jio may even manage to secure 100 million subscribers towards the end of March. Ever since Jio’s launch, it has been rapidly drawing customers through its smart promotional offers. Nitin Soni also added that post the free offers, customers may most likely opt for Jio because of its affordable tariff rates. He said that since Jio is expected to have data plans, which are more attractive than those offered by incumbent operators, there is a high chance that customers will choose it over other carrier networks. He further stated that if Jio goes on to launch other offers in the future, incumbent operators may have to revise their tariff rates so that they do not lose out on their existing customers.

Competition most likely to result in consolidation

Nitin Soni also revealed his opinions on consolidation of telecom companies. According to him, Jio’s foray has created a lot of competition because of which there could be consolidation between telecom companies in the future. This could most likely happen if weaker operators are looking to strengthen their position in the industry. He believes that weaker companies could resort to merger and acquisition (M&A) activities to avert the negative impact that the entry of new telecom operators could have on them. He made a reference to one of the telecom operators in India stating that since it did not have pan-India spectrum coverage, it would benefit by implementing M&A activities.

He concluded by stating that data tariff rates are most likely to drop by 15 to 20 percent because of Jio’s entry into the market. According to him, the affordable services of Jio have created intense competition in the industry.

The telecom operator’s future plans include launching a range of 4G-compatible feature phones to target a wider range of audience. This move is expected to help it increase its customer base further.

Summary

Reliance Jio is expected to garner around 100 million customers by the end of March 2017, according to the Director of Fitch Ratings, Nitin Soni.

Reliance Jio’s Affordable Range of LYF Smart Phones

December 20, 2016

Affordable data services, free voice calls, and Wi-Fi devices; these are some of the varied offerings by Reliance Jio. The company also launched its range of 4G-enabled smart phones. These smart phones are offered to customers with a complimentary Jio SIM card. Individuals using the Jio SIM cards can enjoy free unlimited data, voice, and app services, which are part of Jio’s Welcome Offer.

Affordable smart phones

Mukesh Ambani led Reliance Jio has broken the price barrier by introducing superior 4G-LTE devices under the brand LYF at affordable prices. Some of the most economical devices are available at only Rs. 2,999. Moreover, the Jio network has also received a positive response in speed tests, with consistent results. One such test recorded speeds of up to 22 Mbps. These results are proven to be better than the speeds offered by other telecom operators.

Specifications of LYF handsets

Some of the most affordable devices offered by Jio include the LYF FLAME 6, FLAME 8, and WIND 3. The LYF FLAME 6 is available at a price of Rs. 3,999. It has a 4-inch display that is protected by Asahi Dragontrail Glass. The device has an internal storage capacity of 4 GB. Additionally, it has 2-megapixel front and rear cameras. Connectivity options offered by the device include Bluetooth 4.0, 4G, CPS, LTE, and Wi-Fi.

The LYF FLAME 8 is priced at Rs. 4,199. Those buying the device can look forward to features like an 8 GB internal storage, 1 GB RAM, a 5-megapixel front camera, and an 8-megapixel rear camera. The device functions on Android version Lollipop.

The LYF WIND 3 costs Rs. 6,999. It comes with a large 5.5-inch display, which is resistant to scratches or dust because of the Asahi Glass protection. It has 16 GB internal storage capacity and 2 GB RAM. The device has an excellent 8-megapixel rear and 2-megapixel front camera. The operating system of the device is Android 5.1.1 Lollipop.

4G-enabled feature phones

Reliance Jio also aims to reach out to customers across Tier-III cities and rural areas by introducing a range of feature phones. These devices will be compatible with 4G-VoLTE and are expected to be priced between Rs. 1,000 and Rs. 1,500. Jio plans to launch the devices around the first quarter of 2017. The handsets will not have a touchscreen, but users will be able to access the Internet through the 4G network.

Reports by International Data Corporation (IDC) revealed that the launch of Jio’s 4G services has led to an increase in the shipments of 4G-compatible smart phones. Jio has managed to garner a subscriber base of more than 50 million. By introducing its range of feature phones, it will be able to cater to a wider audience and increase its customer base. Jio SIM card users will also be able to avail of free services till 31st March 2017 under the recent Jio Happy New Year Offer.

Summary

Reliance Jio’s reasonably priced LYF smart phones offered with free Jio SIM cards.

Reliance Jio Collaborates with Niantic to Launch Pokemon Go in India

December 14, 2016

Pokemon Go, one of the most popular games around the world is ready for its official launch in India. The game, which is designed on the concept of augmented reality, has been a massive success for its ability to introduce famous cartoon characters of Pokemon to the real world. Although individuals in India have tried out the game unofficially by sideloading the APK, it will now be available for downloading on the Google Play Store from 14th December 2016. This move has been supported by Reliance Jio, one of the leading telecom operators in India. Mukesh Ambani led Jio has collaborated with Niantic, the manufacturers of Pokemon Go. This will enable several Reliance Digital Stores and other partner outlets to serve as gyms and Pokestops in the game.

Partnership with Jio

Pokestops and gyms in Pokemon Go are significant aspects of the game. Since Reliance Jio has tied up with Niantic, this will be a good opportunity for Jio to attract a large number of customers to its stores. The telecom brand is well-known for its high-speed 4G-LTE services and superior connectivity. Its services are considered to be a benefit for Jio users who play the game, as individuals on the Jio network are less likely to encounter technical glitches. A good Internet connection is important for this game since it functions on built-in maps offered by Google and relies on GPS.

Jio services to enrich the experience

Niantic’s Founder and Chief Executive Officer, John Hanke said that he considered it to be a great opportunity to collaborate with Reliance Jio for Pokemon Go. He further added that since the game requires players to explore different areas and neighborhoods, Jio’s 4G services will ensure that the experience will be a seamless one for individuals. Besides, now that the game will be easy to download and play, the number of players will also increase to a large extent. With respect to the partnership, Niantic has in the past also collaborated with McDonald’s in Japan. This led to several outlets being designated as Pokestops, where people could play and also spend time with their friends.

An opportunity to increase the customer base

Niantic’s partnership with Jio will draw players to Reliance Digital outlets, which will also help the company to build its customer base. Jio will also be introducing a dedicated channel to the game on its messaging application JioChat. This will make the game even more engaging by allowing players to share game tips, tricks, and interesting information related to it. The move is also expected to help JioChat app garner more users.

Currently, Mukesh Ambani led Reliance Jio is already among the top telecom service providers in the country. The brand has garnered more than 50 million customers within only a few months of its launch. Additionally, the telecom provider will be launching theJio Happy New Year Offer, which will offer free data, voice calling, and app services to users until the end of March 2017.

Summary

Reliance Jio has tied up with Niantic for Pokemon Go, wherein select Reliance Digital outlets and partner premises will be allocated as gyms and Pokestops.

Reliance Jio’s Comprehensive Digital Offerings to Transform Lives

December 13, 2016

Reliance Jio has redefined the digital experience for Indian customers. The telecom brand besides offering high-speed data services is also providing users with a range of premium applications, which is garnering a positive response.

Jio Experience Center

The Jio Experience Center situated at Navi Mumbai offers an insight into the digital offerings designed by the company. A range of innovations by Jio have even managed to go live. The experience center encompasses 24 pods, also referred to as components. These offer visitors the chance to witness the various innovations displayed by Jio. The components reflect the long-term goal of Reliance Jio, which is to empower Indians through the power of data. The company believes that through data, citizens will be able to fulfill their aspirations and thereby help India gain recognition on a global level for its revolutionary digital services.

Useful Jio offerings

The company believes in enriching the experience of customers by surpassing current industry standards. This is evident in many of the services and applications offered by the brand. With respect to Jio’s digital news service, users can avail of the online reading facilities while also using the text-to-speech feature. This gives them the chance to not only read the news but also listen to the same. One of the other offerings by Jio called SwitchToJio allows customers to transfer data from one smart phone to another handset, without having to take the help of a retailer for the same. This process is simply done by linking the two devices through a hotspot. Customers can, therefore, transfer data securely without worrying about their privacy being breached.

Jio also emphasizes on a quality experience, which is why users will notice that even while playing videos, the instances of buffering are very rare. Additionally, the brand has focused on incorporating a high-definition (HD) quality to not only its video features but also to its voice calling options.  According to a spokesperson from Jio, users can also enjoy the flexibility of switching from voice to video option conveniently during a call.

Plethora of premium apps

Some of the applications offered by Jio include JioMoney, JioTV, and JioMusic. JioMoney is a digital wallet application that allows users to make cash-free transactions. JioTV and JioMusic apps allow users to stream television shows and music respectively. The JioMusic app can also be used to download music. Jio’s premium applications are aimed at creating a comprehensive digital ecosystem that offers a number of services under the same roof. Jio has also made it possible for non-4G handset owners to avail of superior voice calls. This can be done by purchasing a JioFi device and downloading the Jio4GVoice app.

Mukesh Ambani led Jio currently has a user base of over 50 million, which it managed to build within only 83 days of its commercial launch.  Moreover, by using optical fiber connection designed to offer high speeds, Jio plans to design special smart TVs. The brand is also keen on introducing a feature that allows two players at different locations to engage in the same video game. In addition to this, Jio will be working around the concept of a connected car, wherein information about the functioning of a car will be captured through an on-board diagnostics port.

Summary

Reliance Jio offers users variety with its range of innovative apps.

Reliance Jio Will Partner with Mumbai University to Offer Free Wi-Fi across 833 Colleges

December 7, 2016

Reliance Jio is leading the digital revolution in India and preparing the country to embrace a digital life. Although services like data, voice calling, and Wi-Fi facilities were something that a large segment of people in the country were unable to afford, the scenario has now changed. Jio has been at the forefront of this change by eliminating voice call charges and offering data plans at economical rates.

Free Wi-Fi access in colleges

The company has taken yet another step in this direction by collaborating with Mumbai University to provide free Wi-Fi to students and staff members. As per the plan, the project will be extended to the 833 colleges that are affiliated with Mumbai University. Each student and staff member is expected to receive 20 MB of free data every day. According to the MoU that was signed between the University and Jio, there will be a positive effect on facilities for online payment of fees, canteen coupons, and stationery. The functionality of smart classrooms will also receive a boost because of the move.

Application process

Vice Chancellor of Mumbai University, Sanjay Deshmukh finalized the contract between Reliance Jio and Mumbai University for free Wi-Fi services. The project is estimated to cost approximately Rs. 175 crore. The distribution of services will happen in two phases. The first phase will involve activating the services in 500 colleges by the 28th of December, 2016. In the second phase, the list of pending colleges will have the Wi-Fi facilities operational by January 2017. Vice Chancellor, Sanjay Deshmukh released a statement regarding the Wi-Fi installation process. He stated that applications for the Wi-Fi facilities need to be sent across to Mumbai University by the interested colleges. This should be done before the 28th of December, 2016. He believes that the tie-up with Reliance Jio will greatly benefit staff and students around colleges in Mumbai.

In addition to Wi-Fi services, Jio also has plans to improve the functionality across educational institutes by introducing JioMoney services. These services will facilitate cash-free transactions and also help in keeping a track of records, besides other things.

JioChat promotional offer

Jio is also conducting a promotional drive for its application JioChat. Notifications are being sent across to Jio customers to invite friends to the JioChat app in exchange for free movie tickets. The top 5 customers who invite the most number of acquaintances can also win JioFi 4G hotspot devices. This offer will be active from the 28th of November to the 4th of December, as per reports. JioChat is one of the trending messaging apps on the Google Play store. Users can engage in messaging, voice or video calls, and even initiate group video calls.

Mukesh Ambani led Reliance Jio is rapidly emerging as an industry leader. The brand successfully garnered more than 50 million subscribers within a few months to rank as the leading carrier network in the country because of its impressive user base. Applications like JioChat as well as the Jio Happy New Year Offer will further expand its reach in the country.

Summary

Reliance Jio will help Mumbai University open free Wi-Fi services across 833 colleges.