BUSINESS
Do you know where Mukesh got the idea to launch Jio?
Mukesh Ambani, the chairman of Reliance Group, is renowned for being a businessman who can touch ashes to turn them into gold. Even though Mukesh Ambani is the chairman of Reliance, the biggest company in the nation, Jio Telecom is arguably his most well-known project. One of the few telecom companies in the world right now is Jio, which made waves on September 5, 2016, when it launched free 4G Internet. India currently holds the top spot among the nations utilising the most broadband data globally, largely due to Jio Telecom.
Do you know where Mukesh got the idea to launch Jio? Mukesh gave his younger brother Anil Reliance Telecom in the property division. In a March 2018 program, Mukesh revealed how his daughter Isha Ambani's complaints about sluggish internet served as the catalyst for him to launch Jio. Isha, a student at Yale University in the US, was unable to send her coursework to the US over the holidays in 2011 because of slow internet at home, according to Mukesh. Isha was so depressed about the slow internet in India that she nearly burst into tears. Mukesh later came to understand the value of fast internet.
Akash Ambani, Mukesh's son, had informed him prior to Isha that since everything is now digital, telecom no longer refers to just voice calls. Akash informed Mukesh that a lot of work could now only be completed online. This also inspired Mukesh to go back into the telecom industry. In 2010, Mukesh acquired a 95% share in Infotel Broadband Services Limited, a company that had installed 4G broadband infrastructure across 22 regions of the nation. After purchasing the IBSL company for Rs 4,800 crore, Mukesh renamed it Reliance Jio, which subsequently became JIO Telecom. Thanks to Mukesh's initiative, Jio Telecom has grown to become India's top broadband provider, serving approximately 45 crore users.
Walk on knees, lick coins: Kerala firm's bizarre punishment for employees failing to achieve targets
IAF parajump instructor dies after parachute malfunctions during demo skydiving in Agra
Pregnant woman says Ola driver threatened to kill her unborn baby: 'Tere pet mein...'
MS Dhoni should join us in our commentary box after this game, he has lost cricket: Matthew Hayden
Born rich to self-made: Meet world’s youngest billionaires of 2025
Happy Ram Navami 2025: Best wishes, messages, images, greetings and quotes to share
Scarlett Johansson’s alleged stalker arrested for threatening to bomb Saturday Night Live
Who is Raj Angad Bawa, Rohit Sharma’s replacement in IPL 2025, he was bought by MI for…
'Instant Karma': Man pulls Nile crocodile's tail in viral video, regrets it later, see why
MS Dhoni is NOT going to retire, Stephen Fleming has definite answer after CSK vs DC match
Isha Ambani, Shloka Mehta show how to ace ethnic wear at awards ceremony, watch
Meet man, IIM alumnus who is set to lead Rs 147000 crore company that makes Fevicol, he is...
GBSHSE Goa Board Class 10 SSC Result 2025 date announced: Check time, steps to check
Abhishek Bachchan loses cool at paparazzi at Manoj Kumar's funeral, video goes viral - Watch
Ram Navmi 2025: Chef shows how to prepare Lord Ram's favourite drink, shares step-by-step guide
Tata Capital's BIG move, files papers at SEBI for mega Rs 150000000000 IPO; Check details here
What causes that sudden electric shock when you touch someone
MS Dhoni to retire from IPL? Netizens speculate as CSK legend's parents make rare Chepauk appearance
Baba Vanga gives chilling of tsunami in..., what was he doing earlier in life
Is Indian designer Sabyasachi taking over as creative director of Balenciaga? Here’s the truth
Woman, 27, dies by suicide, leaves behind suicide note: 'Chhodna mat usko'
Priyanka Chopra turns heads in cape-sleeved top, draped skirt worth Rs....; WATCH video
Meet woman who once worked at Goldman Sachs, now joins Azim Premji's Wipro in key role as...
Loveyapa OTT release: Here's where you can watch Junaid Khan, Khushi Kapoor-starrer romantic comedy
Not MI skipper Hardik Pandya, Tilak Varma's Retire Out decision against LSG was taken by THIS man
MBOSE SSLC Result 2025 DECLARED: Meghalaya Class 10th toppers list, pass percentage, scorecard
Salman Khan goes to Baahubali writer, meets V. Vijayendra Prasad for...? Here's what we know
Do you know who was real owner of Kohinoor diamond long before Mughals and British? Answer is...
Hardik Pandya creates unwanted record in LSG vs MI match, becomes first IPL captain in history to...
India caught in crosswinds of US aerospace tariffs
IPL trivia: When Preity Zinta, Sandeep Sharma roasted Glenn Maxwell in dressing room | Watch video
100 best food cities in the world 2024-25: 6 Indian cities feature on list; THIS one is in Top 10
MS Dhoni to return as CSK captain in IPL 2025? Reports claim...
Bank Holiday today: Are banks open or closed on April 5, 2025? Here's all you need to know
Taj Mahal earned over Rs 98 crore through ticket sales in FY24, Qutub Minar, Red Fort earned Rs...
Chaitra Navratri Ashtami 2025: Top 10 wishes, shubh muhurat, vidhi for kanya puja and more
Man in Karnataka serves 1.5 years in jail for 'murdering' wife, she turns up alive in court