Latest news with #Jio
Time of India
an hour ago
- Business
- Time of India
Jio Financial board to discuss fundraise plans today
Mumbai: The board of Jio Financial Services , Mukesh Ambani-owned Reliance Group's financial services company, will meet on Wednesday to consider raising funds through equity shares or warrants in a rights or preferential issue, or a qualified institutional placement (QIP). The company might explore any other method, too, for raising funds, it said in a notice to the exchanges. Jio Financial promoters, including the Ambani family and different group holding entities, together own 47.12% of the company. Explore courses from Top Institutes in Please select course: Select a Course Category Data Science Management Data Analytics MCA CXO Degree healthcare Technology Project Management MBA Finance Public Policy PGDM Product Management Artificial Intelligence Design Thinking Leadership Others Operations Management Healthcare Cybersecurity others Data Science Digital Marketing Skills you'll gain: Strategic Data-Analysis, including Data Mining & Preparation Predictive Modeling & Advanced Clustering Techniques Machine Learning Concepts & Regression Analysis Cutting-edge applications of AI, like NLP & Generative AI Duration: 8 Months IIM Kozhikode Professional Certificate in Data Science and Artificial Intelligence Starts on Jun 26, 2024 Get Details Skills you'll gain: Data Analysis & Interpretation Programming Proficiency Problem-Solving Skills Machine Learning & Artificial Intelligence Duration: 24 Months Vellore Institute of Technology VIT MSc in Data Science Starts on Aug 14, 2024 Get Details "The promoters are likely to raise their stake to 51% from the current 47% through a preferential issue, with shares expected to be priced at ₹318 apiece," said a person who was familiar with the development. The move could infuse around ₹8,000 crore into the company. On Tuesday, the company's shares ended at ₹321 on the BSE up 4.48% from Monday's close. Jio Financial Services, which has partnered the world's biggest asset manager BlackRock to offer fund management services, had reported a 4% on-year growth in net profit in the June quarter on rising interest income. Profit increased to ₹325 crore, from ₹313 crore a year ago, mainly due to a doubling in interest income. Expenses at Jio tripled to ₹261 crore in June 2025 from ₹79 crore a year ago due to higher finance and employee costs. Total income increased 48% to ₹619 crore from ₹418 crore a year ago. Jio Credit's (JCL) total assets under management stood at ₹11,665 crore at the end of June 2025, up from ₹217 crore a year ago. The NBFC arm did not reveal the size of its loan book. Jio BlackRock Asset Management, the mutual fund arm of Jio, commenced operations, launching its maiden new fund offer (NFO) for three cash/debt funds last quarter. The three funds attracted a total of ₹17,800 crore.
Hans India
8 hours ago
- Business
- Hans India
Jio Launches JioPC: Transform Any Screen into a Desktop, Free 1-Month Trial for JioFiber and AirFiber Users
Today, Jio launched JioPC for JioFiber users and AirFiber users. It's a cloud-based virtual desktop built for AI-powered computing. It is able turn screen into desktop, giving users access to JioPC features with no upfront cost. This Jio desktop device comes with no maintenance, and there is no lock-in time. JioPC plans start at 599 per month and come with many advantages. Here's a complete walkthrough to turn your screen into a desktop. JioPC plans and their availability JioPC is giving a complimentary JioPC free trial to all JioFiber and AirFiber customers across India. The basic plan starts at 599 rupees per month. It is bundled with two months of JioPC as part of the ₹999 plan. JioPC launch offers plans of 12-month and 6-month duration with extra advantages. For the 6-month package, which costs 249 rupees, gives access to Jio for eight months. A 12-month package, which costs Rs 4,599, provides fifteen months of services. JioPC features JioPC JioPC is cloud-based desktop which is accessible via Jio's set-top box. Users can gain access to AI applications, tools and popular apps and much more through the Jio computing device. Customers will also have the benefit of free access to Adobe Express design and editing tools through this service. The Reliance Jio PC will run on Jio's cloud servers, providing users with Ubuntu Linux with quad-core CPU, 8GB RAM, and 100GB of cloud storage. It also comes with network security pre-installed, to help protect users from malware and viruses. How to use JioPC
Time of India
12 hours ago
- Business
- Time of India
Reliance Jio launches AI-enabled ‘JioPC' for FTTH, 5G FWA users; plans start at ₹499 per month
NEW DELHI: Reliance Jio on Tuesday launched the ' JioPC ' cloud-based virtual desktop platform with artificial intelligence (AI) capabilities, with plans starting from as low as ₹400 per month. It is available to all existing and new JioFiber and Jio AirFiber customers across the country, while new users can access the service for free for one month. The platform, designed to make high-end computing accessible to the masses, can turn any screen into a full-fledged computer without the need for costly hardware or upgrades when compared to traditional computers. JioPC will offer AI-ready PC experience with instant boot-up and no lag, and network-level protection from viruses and malware. To access, a user only needs a Jio set-top box, keyboard, mouse, and screen. With one-size-fits-all hardware, India's largest telecom operator is aiming to cater to students, professionals, small businesses, solopreneurs, and growing households via its cloud computer solution. To empower creativity and productivity, Jio has partnered with Adobe for JioPC to offer users free access to Adobe Express, a design and editing tool. The platform also includes access to all key AI tools as well as all popular applications, including Jio Workspace and Microsoft Office (browser), and 512 GB cloud storage.
Entrepreneur
12 hours ago
- Business
- Entrepreneur
Reliance Jio Launches Cloud-Based JioPC
The service is available to both new and existing JioFiber and Jio AirFiber users across the country You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Reliance Jio has introduced JioPC, a cloud-powered virtual desktop platform aimed at delivering affordable and AI-ready computing across India. Launched on Tuesday, the service follows a pay-as-you-go subscription model starting at INR 400 per month, with no lock-in period or upfront hardware costs. Designed to convert any screen into a functional computer, JioPC operates through a Jio Set-Top Box connected to a keyboard and mouse, eliminating the need for traditional PCs. According to the company's statement, JioPC offers performance comparable to a high-end computer worth INR 50,000, with the added benefits of instant boot-up, automatic updates, and built-in network-level security against viruses and malware. The platform comes bundled with essential productivity tools such as Microsoft Office (browser version), Jio Workspace, and 512 GB of cloud storage. It also provides access to popular AI tools and design software, including Adobe Express, through a partnership with Adobe. The service is available to both new and existing JioFiber and Jio AirFiber users across the country. New users are being offered a one-month free trial. JioPC is positioned to meet the computing needs of a wide user base, including students, professionals, small businesses, and households seeking affordable digital solutions. The system is designed to be flexible and scalable, allowing users to upgrade their computing environment on demand without the constraints of fixed hardware. To set up JioPC, users need to power on their Jio Set-Top Box, access the JioPC app in the Apps section, click 'Get Started', connect their keyboard and mouse, and log in or register using their mobile number. Once set up, users can instantly begin using the cloud-based desktop. The launch marks Jio's continued push to provide inclusive digital services, catering to the growing demand for accessible and secure computing solutions in India's rapidly evolving digital landscape.
NDTV
13 hours ago
- Automotive
- NDTV
MG Astor Prices Hiked By Up To Rs 19,000; Check Details
JSW MG Motor India has revised the prices of the Astor SUV for the Indian market. The SUV rivals models like Hyundai Creta, Maruti Suzuki Grand Vitara, Kia Seltos, and has received an upward revision of up to Rs 19,000, depending on the variant. This follows the changes in the prices of the models like Comet EV and Windsor EV sold by the brand in the country. Getting into the details, the pricing for the top-end Savvy Pro 1.3 Turbo AT variant has not changed. The base model Sprint 1.5 MT and the Select 1.5 MT variants of the MG Astor have seen an increase of Rs 18,000 each. In the same vein, the Shine 1.5 MT and Sharp Pro 1.5 MT variants have experienced price hikes of Rs 19,000 and Rs 13,000, respectively. Also Read: What's Delhi Traffic Prahari App: Here's All You Should Know A price increase of Rs 15,000 applies to the Select 1.5 CVT, Sharp Pro 1.5 CVT, and the Sharp Pro 1.5 CVT dual-tone variants. Meanwhile, the prices of all other variants have increased by Rs 17,000 each. The SUV's pricing now ranges from Rs 11.48 lakh to Rs 18.55 lakh (all prices, ex-showroom). Regarding features, the MG Astor comes equipped with a 10.1-inch touchscreen infotainment system, a fully-digital instrument cluster, a 6-speaker audio setup, over 80 connected car features, an auto-dimming IRVM, and a voice recognition system from Jio. With respect to safety, the Astor is equipped with 14 Level 2 Advanced Driver Assistance Systems (ADAS) features. The Astor is offered with a 1.5-liter naturally aspirated petrol engine, which can be paired with either a 5-speed manual transmission or an 8-speed CVT automatic unit. This engine produces 109 bhp and a peak torque of 144 Nm.
