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Reliance and Bharti Airtel collaborate with Google, Nvidia, and other tech leaders to accelerate AI, 5G, and digital infrastructure in India, aiming to strengthen the country’s technological ecosystem.
Reliance Industries’ telecom and internet arm Reliance Jio today announced its Q1 results. The company’s net profit for the April-June quarter came in at Rs 5,445 crore against Rs 5,337 crore in the previous quarter.
Reliance Jio posted a stellar set of Q4 earnings. Reliance Jio’s Q4 net profit came in at Rs 5,337 crore, while margins improved further to 52.4% during the quarter.
Reliance Industries Limited was founded in the year 1973 by Dirubhai Ambani. It is headquartered in Mumbai and has a diverse range of businesses spanning from the energy sector to telecommunications, mass media, entertainment, textiles, etc.
The company’s net profit rose by 12% year-on-year to reach ₹5,058 crore.
Reliance industries owned Reliance Jio Infocomm could be signing a contract with Nokia.
This phone aims to provide affordable access to the best-in-class Jio 4G network for customers still using 2G technology.
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