With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible
It's been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies
Dynastic governance constrains India Inc
Mukesh Ambani inched to the fifth position in the Forbes' global rich list as Reliance Industries' market capitalisation, topped the Rs 13-trillion mark
Globally, Saudi Aramco is the company with the highest market cap of $1.7 trillion, followed by Apple, Microsoft, Amazon, and Alphabet
Ambani, who owns half of RIL's equity, managed to achieve this feat after raising funds from a slew of marquee investors in the Jio wireless telephony business
RIL is in talks with banks for a possible takeover
After the trial runs, India, through Jio, will join the exclusive club of just a few countries with their own 5G technology that they can sell to the world
The monies have been deployed into ultra-short and money-market funds, and others focused on debt with an average of three-to-five year maturities
Cost efficiency provides DMart an edge, but competitive intensity is growing
India's digital services tax runs into opposition from America's biggest tech companies.
On Tuesday, during the company's first pandemic-forced virtual annual general meeting, Ambani outlined another vision to disrupt the mobile device market again.
Ambani dropped enough hints that last year's plan to sell 20 per cent of his mainstay oils-to-chemicals business to Saudi Aramco was now unlikely
About 60% of Vodafone Idea's customer base is in the 2G space
Stake sales in Reliance's digital unit Jio Platforms attracted not just private equity and sovereign wealth funds but also Google and Facebook
Mukesh Ambani said in the company's 43rd AGM on Wednesday that homegrown 5G solutions would be available for trials as soon as spectrum was given out.
Here's a selection of Business Standard Opinion pieces for the day
Having built a solution from scratch, Mukesh Ambani now wants to get cracking
The two companies will collaborate for the development of entry-level affordable 4G and 5G smartphones as well as Android-based operating systems, Ambani announced during the virtual AGM
Delay in striking a deal with Saudi Aramco disappoints investors