Companies & Sectors
Jio doubles validity period, data for Prime prepaid subscribers
Continuing to de-stabilise the telecom market, Reliance Jio has extended the validity period on its prepaid offers for Prime subscribers. The offer will be called 'Jio Dhan Dhana Dhan' and subscribers will get additional days for validity on the offer.
 
For example, subscribers who recharge for Rs309 and Rs349 will get validity of 56 days as against existing 28 days. Similarly, subscribers who use Rs399 recharge will get validity of 84 days, which is three times the existing 28 days.
 
In addition, Jio has also doubled its data offer for all schemes ranging from Rs309 to Rs9999. However, the maximum benefit is offered to subscribers who recharge with a voucher of Rs309, Rs399 and Rs509.
 
 
In a release, Jio says, “The new set of plan benefits will be available from 11th July and will be applicable for all new as well as existing subscribers. As part of these unlimited benefit, customers can enjoy 1GB Data per day at 4G speed followed by unlimited at 128 kbps, unlimited local, STD and national roaming voice calls and unlimited national SMS.” 
 
“Over and above the Prime exclusive plans, Jio is introducing new Every Day More Value (EDMV) plans. These plans provide 20% more value than competitors’ best plans. It’s Jio’s solemn promise to always offer better value for the best price,” it added.

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COMMENTS

Brian Fernandes

4 months ago

It is incorrect to say that Jio has increased validity / data. Prime members paid Rs.303 for 3months or 84days (Do not consider that Rs.303 was suppose to be for 28days as that never happened and it was always for 84days). However, now for getting the same 84days we need to pay Rs.399. Hence, clear that we need to pay approx. 30% more for the same data and not as the article's title claims.

VIVEK SHAH

4 months ago

With every subsidised offer the 4G speeds deteriorate. They have to improve the user experience else they'll get frustrated.

Sunil Rebello

4 months ago

All Amm Admi should make Hay while the Sun shines.
I remember the days in 1976 -77 where a minute talk time was costlier than a gram of gold in the Gulf.
and now it is all free thanks to technology, which is a great class leveler.

Niranjan Sarkar

4 months ago

Classic example of brute force of money of an individual, set to destroy the incumbents. Whether it does a Kingfisher to Indian Telecom industry is to be seen. Hope not!

REPLY

Komal Shah

In Reply to Niranjan Sarkar 4 months ago

Atleast it has helped the local people from paying foreign companies in abundance.. atleast our own Indian company will earn and that too at a much least price than last year.

US newspapers plan to strike Google, Facebook over ad revenue
With Facebook and Google grabbing vast majority of the digital ad market, many newspapers in the US are planning to strike at the tech giants to get an antitrust exemption from Congress to negotiate collectively over advertising revenue.
 
According to a report in Washington Times on Monday, the News Media Alliance, that represents roughly 2,000 US' national and local newspapers including The New York Times, The Wall Street Journal and The Washington Post, has started reaching out to Capitol Hill to sound out the chances for an exemption.
 
"We're not looking to break up Google and Facebook by saying they have a duopoly here, what we are saying is there has got to be a way to improve the business model," Paul Boyle, Senior Vice President (Public Policy) News Media Alliance was quoted as saying.
 
According to Boyle, newspapers had thought allowing their articles to be shared on social media would earn them a piece of the digital ad market.
 
"But Facebook doesn't always allow the reader to click through to the publisher's website, denying the news website ad revenue from that reader," he stated.
 
Facebook, however, said the company is committed to helping quality journalism thrive on its platform. 
 
"We have already been working with publishers and we're making progress through our work and have more work to do," the report quoted Campbell Brown, Head of News Partnerships at Facebook, as saying.
 
According to media reports, Google and Facebook control nearly two-thirds of the digital advertising industry, and newspaper revenue from advertisements declined to $16 billion in 2016, down from about $50 billion 10 years earlier.
 
"Google and Facebook dominate web traffic and online ad income. Together, they account for more than 70 per cent of the $73 billion spent each year on digital advertising, and they eat up most of the growth," David Chavern, President of News Media Alliance, was quoted as saying. 
 
"Nearly 80 per cent of all online referral traffic comes from Google and Facebook. This is an immensely profitable business," Chavern said.
 
Reacting to the News Media Alliance's latest move, Google said it wanted to help news publishers succeed and lately, it had built numerous specialised products and technologies, developed specifically to help distribute, fund, and support newspapers.
 
"This is a priority and we remain deeply committed to helping publishers with both their challenges, and their opportunities," Google was quoted as saying in a press statement.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Minor blaze in terrace garden of Mukesh Ambani's 'Antilla' home
A minor fire broke out on a terrace in industrialist Mukesh Ambani's multi-storied south Mumbai residence here late on Monday, an official said.
 
The blaze - noticed around 9 p.m. and reported to the fire brigade at 9.04 p.m. - took place on the ninth floor garden terrace of 'Antilla', the palatial residence of the Ambanis off the posh Malabar Hill.
 
BMC Disaster Control official T. Jankar said the fire brigade and other resources were immediately mobilised and the fire was extinguished after about 16 minutes, with no reports of any casualties.
 
Assistant Divisional Fire Officer K.D. Ghadigaonkar said the fire was extinguished by the 'Antilla' building staffers with one small line of fixed fire fighting systems and fire extinguishers even before the fire brigade team reached there.
 
"The fire was confined to the 4G antenna, plastic framing of vertical garden, etc on the ninth floor," Ghadigaonkar said.
 
There were no casualties in the incident. The building stands over 170 metres tall.
 
Taking no chances, the fire brigade rushed three fire engines, three jumbo water tankers, one turn-table ladder and high-pressure pump to combat the conflagration.
 
A Reliance Industries Ltd. official spokesperson, confirming the fire, said that at the time of the incident the Ambani family members were not in the building.
 
In a media statement, the company spokesperson said: "There was a small fire in the garden area of Antillia this evening which was quickly brought under control. No one was injured. The cause of fire is being investigated." 
 
Belonging to the RIL Chairman Mukesh Ambani, 'Antilla' is the world's most expensive private residence, worth around Rs 13,000 crore ($2 billion) at the prime Cumballa Hill, off Malabar Hill in south Mumbai.
 
The family, along with a staff contingent of around 600, have been living in the iconic building since 2010.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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