Posts Tagged ‘Reliance’

Reliance Industries Limited’s Stock Hits a Record High

August 1, 2018

Reliance Industries Limited (RIL) has become India’s most valued company, based on market capitalization. Its shares have reached record-high levels. Today, it is valued at INR 1,178.05 on the BSE. The company has a market capitalization of INR 7.47 lakh crore, following the strong results of Q1 of 2018.

History of RIL’s success

On October 8, 2007, RIL first crossed the USD 100 billion market capitalization mark in an intra-trade day. At the time, the US dollar was quoted at INR 39.59. In November 2017, RIL’s market capitalization had crossed INR 6 lakh crore. In 2017 alone, RIL added more than INR 2 lakh crore to its market capitalization value. Previously, in February 2017, RIL has just crossed the INR 4 lakh crore market capitalization mark.

RIL’s growth in 2018

In July 2018, RIL’s market capitalization was INR 7 lakh crore. The company had managed to nearly double its market capitalization from the previous year to just shy of INR 7.5 lakh crore.

RIL’s journey over the years

The Chairman and Managing Director of RIL, Mukesh Ambani, spoke at the Financial Times ArcelorMittal Boldness in Business Awards in March. While speaking about the rise of RIL, he stated that the company originally began its operations with a capital of only INR 1,000, which translated to USD 13 at the time, and only one employee. In 1966, his father, Dhirubhai Ambani, founded Reliance with a dream to build a world-scale and world-class Indian business. His father’s dreams were realized in his own lifetime. Now, as the company moves forward, Mukesh Ambani is building on those dreams.

At a more recent event, Ambani stated that for the last 40 years, since Reliance’s Initial Public Offering (IPO) in 1977, shareholders’ investments have doubled every two and a half years. Ambani was humbled and honored by this achievement. It is all due to RIL’s popularity with the Indian masses.

Reliance Jio’s success

In 2016, Reliance Jio transformed India’s digital atmosphere with its 4G and cellular services. Every Jio customer now enjoys free unlimited phone calls and 1GB of 4GB data every month. Jio also offers high-speed wireless Internet connectivity and a host of both post-paid and pre-paid recharge plans. These are priced keeping in mind the varied needs of different mobile phone users. As of July 2018, Jio has acquired over 200 million subscribers.

The upcoming Jio GigaFibre and Jio GigaTv set-top box are also anticipated by Jio subscribers.

RIL’s future ventures

The company has recently announced its entry into the e-commerce and content creation and distribution arena. Both these ventures are in an effort to bring quality services and easily accessible electronics to Indian customers. The announcement of these new ventures has aided RIL’s market capitalization.

Summary

RIL’s market capitalization has hit a record high of INR 7.47 lakh crore. This has been attributed to RIL’s constantly evolving vision and efforts to make India a more technologically savvy nation.

The JioPhone Transforms the Indian Phone Industry

July 25, 2018

The 4-G enabled JioPhone launched in 2017 has reportedly played a key role in helping the feature phone industry outpace the growth of the smart-phone industry for two consecutive financial quarters. According to the latest data provided by Counterpoint Research, the demand for the JioPhone is due to strategic planning by Reliance Jio. Aggressive upgrades and catering to changing customer needs has helped the brand to keep up its good performance.

Market Share of Feature and Smart Phones

The Counterpoint Research data stated that feature-phone market’s share in India doubled in Q12018, compared to the country’s overall smart-phone market, which remained relatively flat, year-on-year.. This is attributed to the well-planned shipments of the Reliance JioPhone for the January-March quarter of this year, Jio held 36% of the nation’s feature phone market. This increased to 47% in the following quarter of April-June.

The report also stated that the feature-phone market in general saw a year-on-year growth of 21 %, during the quarter of April-June of 2018. In comparison, the smart-phone market saw a growth of only 18 %. The report attributes this outpacing of markets to the popularity of the Reliance JioPhone with Indian consumers. Reliance Jio has thus become the country’s biggest feature phone vendor.

Why the JioPhone is a success

Since its launch last year, the JioPhone has acquired a user base off 25 million.

It features 4G and Voice-over-LTE capabilities available with different tariff plans that were all affordable. This was seen as paradigm shift in the availability and accessibility of 4G services in the nation. In January 2018, a new data plan priced at just INR 49 per month was introduced, giving subscribers the benefits of free voice calls and 1GB of 4G data.

In an effort to constantly evolve, Reliance Jio has reinvented its JioPhone in 2018. It has done so by offering upgrade offers that cost less than INR 501 and bringing WhatsApp, a popular messaging application to the JioPhone 2.

How the Monsoon Hungama offer helped the JioPhone

The Monsoon Hungama offer was introduced in July  2018, wherein the 4G-enabled feature phone would be available at a reduced price of INR 501 in exchange for the customer’s old-but-working feature phone. This amount is a refundable deposit that can be claimed at the end of a three-year period. Subscribers also have the option of choosing from three different tariff plans, each individually priced at INR 49, INR 99, and INR 153 respectively. Furthermore, the subscribers must continue to make recharges for the next 36 months.

The opinions of feature-phone and smart-phone analysts

Industry analysts seem to believe that by clubbing a reduced price with an exchange offer, Reliance Jio has contributed to the growth of the Indian feature-phone market.

Summary

The manner in which Reliance Jio introduced the JioPhone to the nation has helped the feature-phone market grow. This is due to the company’s strategic marketing that aims to help Indian customers advance to accessible 4g services at affordable rates.

RIL Crosses 7 lakh crore market capitalization – Know its Success Story

July 18, 2018

On 13th July 2018, the stock of Mukesh Ambani-led Reliance Industries Limited (RIL)crossed the 7 lakh crore market capitalization. This was just a day after the company entered the $100 billion market capitalization club.

Surge in the RIL stock

On Friday, the RIL stock reached an all-time high of 1107.25 level, thereby taking the market valuation of the company to INR 7,01,404 crore on the Bombay Stock Exchange (BSE). In India, after Tata Consultancy Services (TCS), RIL has become the second company to achieve this feat.

Past achievements

It was in October 2007 that RIL’s market capitalization had reached this milestone. During this time, the value of rupee was 39.5 against dollar.

According to the Chairman of RIL, Mr. Mukesh Ambani, setting up a strong foundation in every growth phase, thereafter, changing the rules of the game, and finally, changing the entire game is the simple mantra of RIL. And with the launch of the telecom giant Reliance Jio, it is proven that this mantra has aided the company to gain INR 6,88,766 crore valuation.

 

Mukesh Ambani further added that RIL is well-known for making disruptive and paradigm changes in the market. Its investment in Reliance Jio is a testimony to the disruption that India’s telecom sector has witnessed in the last two years.

Growth of Reliance

In 1957, Dhirubhai Ambani planned to start a yarn trading business in India. It all began in a small office in Masjid Bunder, Mumbai. Dhirubhai Ambani with his cousin started his first company named Reliance Commercial Corporation, which was into a polyester business. In 1965, their partnership ended but Dhirubhai Ambaniwent ahead to continue business.

Founded in 1966 at Naroda, Gujarat, Vimal was the first brand from Reliance, which became a household name.

In 1977, to raise capital, the IPO of Reliance Textile Industries was issued. It created a remarkable history in the equity sector of the country as it was oversubscribed seven times.

In 1982, the elder son of Dhirubhai Ambani, Mukesh Ambani lead the company’s first mega manufacturing project at Patalganga. While in 1983, the younger son Anil Ambani joined the business.

Reliance Textiles Industries was renamed Reliance Industries Limited in the year 1985. In 1991, the company’s Hazira plant laid the foundation for RIL becoming the world’s largest integrated producer of polyester.

Thereafter, the huge Rs 25,000-crore refinery was set up in Jamnagar, Gujarat. In the year 2000, RIL established the largest refinery of the world in Jamnagar within a span of 36 months.

After the demise of Dhirubhai Ambani in 2002, Mukesh Ambani became the Chairman and Managing Director (MD) of RIL and Anil Ambani became the Vice-chairman. At that time, the market capitalization of RIL was INR 28,598.97 crore.

In 2008, RIL commenced the production of crude oil followed by natural gas in 2009. In 2002, RIL entered the infocomm business.

In 2004, RIL became the first private organization in India to be listed in the Fortune Global 500 list.

However, due to the feud between Mukesh and Anil Ambani, the family decided to split the Reliance Group.

In 2006, Mukesh Ambani took control of RIL, including businesses like oil and natural gas, petrochemicals, textiles, and refining. He also entered the retail business by launching Reliance Retail.

On the other hand, the Anil Dhirubhai Ambani Group took over power, telecom, financial services, and entertainment.

Launch of Reliance Jio and JioPhone

In 2016, Mukesh Ambani announced the launch of RIL’s telecom arm Reliance Jio, which disrupted the mobile data tariffs in India.

In 2017, Reliance Jio garnered 100 million subscribers in just 170 days after its launch. Owing to the success of Reliance Jio, Mukesh Ambani launched JioPhone in the same year.

The present scenario

This year, RIL along with its joint venture partners Niko Resources and BP Plc invested a whooping INR 40,000 crore in oil and gas exploration and production.

Reliance Jio’s customer base increased to 215 million. Moreover, Mukesh Ambani announced the launch of a new commerce platform and the broadband network called JioGigaFiber.

Summary

Reliance Industries Limited crossed the 7 lakh crore market capitalization in just a day after entering the $100 billion market capitalization club.

Millions Pre-Book JioPhone as Demand Soars

August 31, 2017

After millions pre-booked the ‘India ka smartphone’ on Thursday, 24th August, Mukesh Ambani led Reliance Jio paused the pre-booking for its new feature phone, JioPhone.

Heavy demand for JioPhone

 The pre-booking for JioPhone began at 5:30 pm on 24th August 2017. Some media reports claim that the telecom operator received around three to four million registrations for the JioPhone.

While this fits with the company’s target of making around 5 million phones available, other reports claim that the total number of bookings have surpassed that number. Jio hasn’t yet confirmed any of the claims.

While the company did not state that the heavy demand was the reason for pause in bookings, the message on the company’s website said that million had booked the phone and customers would be informed when the bookings resumed. No date was given for the same.

How to register interest

 The pre-bookings have been paused. However, interested customers may still register their interest on the Jio website. This will not be treated as a pre-booking but by registering, these customers will be notified as the pre-booking resumes.

Here are the steps for individuals to register their interest for the phone:

  • Go to the Jio website, i.e. jio.com
  • Click on the register now button
  • Select the individual option
  • Enter details such as name, phone number, email ID, and pin code.
  • Click Submit

Here are the steps for businesses to register their interest for the phone:

  • Go to the Jio website, i.e. jio.com
  • Click on the register now button
  • Select the Business option
  • Enter details such as company name, contact number, email ID, PAN or GST number, and pin code
  • Select the number of devices needed
  • Click Submit

If you have booked the JioPhone 

JioPhone is expected to reach the shops by the first week of September. Customers who have already pre-booked the phone online as well as offline are expected to get their phones then. For those who have already booked the phone, a message congratulating them on pre-booking the JioPhone and stating that the payment of INR 500 has been received was sent. The message also mentioned that once the phone is available, the customer will receive the store details.

Here is what happens once the JioPhones hit the stores:

  • For updates on the JioPhone’s delivery status, customers may dial 1800-890-8900 from the phone number registered while pre-booking the phone
  • Once the JioPhones reach their respective stores, the store details will be sent to the customer. These stores are expected to be allotted based on the pin code the customer filled in while booking the phone.
  • The customer will then have to go to the store to collect the JioPhone
  • The customer will have to carry INR 1,000, Aadhar card for identification, as well as the confirmation message or email received after pre-booking the phone

Summary

After an estimated three to four million people pre-booked the JioPhone, the telecom operator has paused the bookings.

RIL Collaborates with Resysta International to Produce Natural Wood Alternative in India

April 28, 2017

On 26th April 2017, Mukesh Ambani-led Reliance Industries Limited (RIL) entered into a license agreement with Germany-based Resysta International GmbH. With this partnership, RIL bagged exclusive rights of production as well as marketing of a Natural Fiber Polymer Composite (NFPC), RelWood™, in India.

The Partnership

According to the Chief Operating Officer (COO) of Petrochemicals, RIL, Mr. Vipul Shah, with the strategic agreement with Resysta, RIL is planning to exclusively produce the RelWood™ compound so as to meet the growing demand for a real alternative to tropical wood.

He believes that the partnership indicates RIL’s dedication towards sustainable projects based on innovative technology. He added that along with the top German innovator Resysta, RIL is looking forward to offering a technologically advanced product as the alternative to real wood to the Indian consumers.

About Resysta

Located near Munich, Germany, Resysta International GmbH was established in 2011. It is a privately-headed technology company which co-operates with top industry partners around the world to leverage the huge potential of the exclusive Resysta material in its various wood replacement applications.

Resysta successfully developed a water and weather-resistant material which portrays the look and feel of wood. Moreover, the fully recyclable material is procured using a renewable resource, does not rot over a long duration, and is unaffected by termites.

It also has the capability to withstand the sun, wind, and salt water. The innovative material was required to combat the shrinking rainforests crisis as well as address the substandard quality of wood composite products that were used earlier.

This is based on a unique technology through which natural fiber is dispersed within the polymer matrix. Owing to the partnership, RIL will be using RelWood™ as the raw material for producing sheets and different profiles utilized in a large number of replacement applications of wood and plywood. The initiative will help prevent deforestation and offer water-resistant, durable, and recyclable raw material to Indian consumers.

CEO speaks

The Chief Executive Officer (CEO) of Resysta International, Bernd Duna, stated that currently, Resysta is licensing its technology across the globe. According to him, RIL is Resysta’s perfect partner for India. He believes that the local manufacturing of Resysta Compound will enable the products to become easily available and more environmentally friendly. Since RIL is a leading manufacturer of petrochemicals in India, it is ideally poised to manufacture at par with Resysta’s high global standard. In partnership with RIL, Resysta looks forward to continuing its success story in India, he added.

About RIL

The largest Indian private sector company, RIL, has a consolidated turnover of INR 330,180 crore and a net profit of INR 29,901 crore for the financial year 2016-17.

Moreover, RIL is the first Indian private sector company to make it to Fortune’s Global 500 list of ‘World’s Largest Corporations’. Currently, RIL is on the 215th rank with regard to revenues, and 126th rank with regard to profits.

Mukesh Ambani led RIL also ranks 238th in the FT Global 500 list (2015) of world’s largest companies by Financial Times. Furthermore, RIL stands at the 21st position on the Forbes Global 2000 list (2016). RIL’s businesses include petroleum refining and marketing, hydrocarbon exploration and production, retail, petrochemicals, and 4G digital services.

Summary

RIL went into a partnership with Germany-based Resysta International to manufacture an innovative alternative to natural wood in India.

Jio Partners with Wallet Apps to Enable Recharges and Collaborates with Google to Manufacture Affordable 4G Smart Phones

March 15, 2017

According to a report by Business Line, Mukesh Ambani -led Reliance Jio is working with the global tech giant, Google, to design an affordable 4G smart phone.

Reliance Jio’s collaboration with Google

Reliance Jio and Google will develop the smart phone exclusively for Jio’s 4G network. The companies may launch the smart phone in late 2017. The Business Line report stated that Reliance Jio will be able to extend its reach further with the help of the brand name, Google. Besides, Google will also enable Jio to manufacture phones at a lower cost while also ensuring deep integration and efficient performance of Jio apps on Android platform.

Apart from this, the two companies will develop software for Jio’s smart TV services, together. This software is likely to be launched in the second half of 2017.

Partnership with device manufacturers

The retail arm of Reliance Industries Limited, Reliance Retail, is already working with Taiwan-based company Foxconn and many Chinese Original Design Manufacturers (ODMs) to produce Voice over Long-Term Evolution (VoLTE) enabled 4G smart phones and pocket routers. Some of the Chinese ODMs include Wingtech, CK Telecom, Zhongxing Telecommunication Equipment (ZTE), and Tinno Mobile. Besides, Jio is also working with Indian manufacturer, Lava International.

Recently, Reliance Jio asked all its Chinese and Taiwanese manufacturers to make LYF smart phones, automobile telematics devices, home automation systems, and smart set-top boxes in India. The Jio devices will be offered together with digital content and unlimited voice and video calling services.

Jio is also expected to partially subsidize its 4G feature phones and sell them for around INR 1,000.

Recharge option for Jio users through mobile wallet apps

Reliance Jio recently joined hands with a number of online recharge platforms including Paytm and MobiKwik. These platforms enable Jio prepaid users to recharge their connections. The facility will soon be available for Jio postpaid users as well.

Prepaid Jio Prime users can recharge and activate plans on their numbers using the Paytm app or website. MobiKwik is offering Jio Prime subscription for prepaid users at a discounted rate. RechargeItNow has also made Jio prepaid recharge option live on its platform. However, FreeCharge is yet to include Jio in its recharge list. These online recharge platforms will enable Reliance Jio to reach out to customers more efficiently.

Reliance Jio Prime offer

Mukesh Ambani led Reliance Jio announced the Jio Prime membership last month. Under this, the telecom company will be offering a number of affordable plans. The plans provide users with unlimited 4G data, unlimited voice calls, free national roaming, free SMS services, and unlimited access to Jio apps.

Reliance Jio said that these offers are a part of the introductory plan and it will soon announce a number of ‘Extreme-Value Plans’ for Jio Prime members. The Prime membership subscription is open until the end of March 2017. Reliance Jio will end its Happy New Year Offer and start charging customers from 1st April 2017.

Summary

Reliance Jio has joined hands with Google to manufacture an affordable 4G smart phone that will work only on Jio’s network. Jio users will be able to recharge their numbers using MobiKwik and Paytm.

JioChat App’s New Feature Lets Users Send Money via Their JioMoney Account

February 8, 2017

Reliance Jio’s offerings span data services, 4G-compatible devices, free voice calling facilities, and premium applications. The brand’s apps have received a positive response for their superior functionality and convenience. JioChat and JioMoney are amongst the leading apps that have received impressive reviews.

New feature on JioChat

Mukesh Ambani led Reliance Jio recently made an announcement on a leading social networking platform that users may now seamlessly integrate the two apps, JioChat and JioMoney. This will make it possible for them to transfer money via their JioChat window. The design of the JioChat app has been modified to include the Rupee icon. Users may tap on this icon and transfer money even while having a conversation with a contact. Tapping on the icon will enable users to enter the amount they wish to have transferred. Once users enter the amount and submit the details, the specified amount would be subtracted from their JioMoney account balance. After the transaction is complete, users will receive a confirmation message on the JioChat window itself.

Announcement made via social networking platform

The announcement made on the social networking platform was followed by a short clip to offer users an insight into the app’s new transaction feature. This clip revealed how users could benefit by transferring money simply from a single app. The features have been cleverly depicted through a GIF. In addition to this, the telecom company released a video via its YouTube channel, ‘Jio’, which guides users on linking and unlinking JioChat with JioMoney.

Linking JioChat and JioMoney apps

To link the JioChat app with JioMoney, users need to ensure that the number registered for these services is common to both. Thereafter, users may visit the JioMoney account segment and click on the ‘Payments’ option. They must select ‘More’ and then tap on ‘Link’. This will lead to OTP authentication, which will result in the JioChat app getting linked to users’ JioMoney account. This procedure could even be completed while sending money through chat. Therefore, if a user attempts to send money by entering the amount, he will be requested to authenticate the same through OTP. To unlink the services, users may visit the ‘Payments’ segment on JioMoney, tap on ‘Unlink Account’, and thereafter click on ‘JioMoney Account’.

Currently, none of the OTT apps or digital content apps offered by incumbent operators includes this feature except JioChat. This makes the app unique in its functionality as compared to competitor applications. Currently, the app can be used by individuals having the JioMoney application.

Jio’s main idea is to create a comprehensive digital ecosystem and by integrating JioChat and JioMoney, the brand has reinstated its performance in the industry. The multitude of services being offered by Jio has also compelled incumbent operators to refine their facilities to meet the growing demands of customers. Jio’s services have become the precursors to many such innovative offerings that will be launched in the country in the upcoming years.

Summary

JioChat app now includes a new feature that will enable users to integrate the app with their JioMoney account in order to transfer money to their contacts.

JioTV App Increases its Channel Base from 368 to 412

January 3, 2017

Mukesh Ambani led Reliance Jio launched its 4G services in September 2016 together with a range of premium Jio applications. These include TV streaming, music and movie streaming, and digital wallet applications, among many others. JioTV has been one of the most popular apps on Google Play offering users access to some of their favorite TV shows. The app has now added a collection of 44 new channels, bringing up JioTV’s channel count from the earlier 368 to 412.

Number of channels included

Of the channels included, 9 belong to the entertainment segment, 18 to the news segment, 3 to the music segment, 4 to the movie segment, and 6 to the devotional segment.  While earlier, there were 112 news channels, the recent addition has taken the number to 130. Additionally, there are 99 entertainment channels in all now. The number of music channels sums up to 34, while the movie channels total up to 36. The collection on JioTV also includes a channel on infotainment business news and two channels in the lifestyle segment.

The most comprehensive channel list

Jio is among the first mobile TV apps to offer such a large number of channels. This easily makes Jio’s services similar to those offered by multi-system operators (MSOs) and direct-to-home (DTH) operators. JioTV includes channels offered by the leading broadcasters in India. These include Discovery Networks India, TV Today Network, ABO News Network, Sony Pictures Networks India (SPNI), Star India, NDTV, Turner India, Viacom 18, TV 18, Sun TV, and ZEEL.

Rich digital experience

Through JioTV, users can enjoy live television channels. If they miss out any program, JioTV’s past seven-day collection of shows will enable them to view the missed episodes. The app is also Star India operated, Hotstar’s digital partner. Moreover, Google Play has recorded about 10 to 15 million JioTV downloads by users.

Mukesh Ambani led Reliance Jio has strengthened its customer base with over 50 million users. Although the total worth of apps, including JioCinema, JioMags, JioMusic, JioXpress News, JioMoney, Jio Cloud, and JioTV for a month is Rs. 1,250, all these applications are currently offered for free under the Jio Happy New Year Offer. This offer, which is valid until the end of March 2017, gives users access to free data services as well as Jio apps. Before this new offer was introduced, customers were using the services available under the initial welcome offer. Existing as well as new Jio customers can conveniently avail of the Jio Happy New Year Offer. However, the only difference that exists between the former offer and the new one is the revised data limit. The Fair Usage Policy (FUP) limit for the former was 4 GB, while the FUP limit for the new one is 1 GB. With a customer base of more than 50 million, the company intends to increase the number to 100 million by the end of March 2017.

Summary

Reliance Jio’s TV app, JioTV now has a total of 412 channels. The Jio Happy New Year Offer also gives customers access to free data and app services.

Reliance Digital Launches the Affordable LYF WATER 3 Smart Phone

December 28, 2016

Reliance Digital has so far launched a number of LYF smart phones under its elements series, which includes EARTH, WATER, WIND, and FLAME. The devices have been available across a diverse price range to cater to a wide audience. The recent smart phone launched under the brand LYF is the WATER 3. This device is available at an affordable price of Rs. 6,599. Users can purchase this smart phone from the online shopping portal, Flipkart. Since this device is available with a Jio SIM card, individuals who purchase it will also be able to enjoy the Jio Happy New Year Offer. This offer gives users the benefit of experiencing free data and app services till March 31st, 2017.

Performance of WATER 3

The LYF WATER 3 is a sleek device. It is a 5.5-inch smart phone with superior build quality. It comes with a high-definition (HD) display, which includes a pixel resolution of 1280 X 720. It runs on a Qualcomm MSM8939 Octa-Core processor. Combined with Adreno A405 3D GPU, it operates at a speed of 1.5 GHz. The device has an internal storage capacity of 16 GB, which can be expanded up to 32 GB. It also has a sizeable 2 GB RAM.

Specifications of the device

In terms of camera quality, the LYF WATER 3 is able to provide high-resolution pictures with its 5-megapixel front camera and 13-megapixel rear camera. The device is powered by a durable 3,000 mAh battery. It can offer up to six hours of talk time. The operating system of the smart phone is Android 5.0 Lollipop. WATER 3 has a number of connectivity options, such as Bluetooth version 4.1, GPS, 4G VoLTE feature, Wi-Fi 802.11b/g/n, and dual-SIM support.

Other offerings by Reliance Digital and Reliance Jio

The LYF WATER 3 is one of the best devices in the budget category. Reliance Digital has also launched smart phones like the EARTH 2, F, FLAME 7, WIND 7, and much more. All these devices are designed to meet the specific needs of customers and come with a budget-friendly price tag. Additionally, Reliance Jio, the telecom arm of Reliance Industries Limited, intends to launch a range of feature phones. These devices will be compatible with the 4G-VoLTE technology. The aim of the company is to extend its reach to rural areas and make 4G services available to a large number of people. The phones will not have a touch screen like regular smart phones. However, the design and build quality of these feature phones are expected to make them look appealing.

Mukesh Ambani led Jio’s high-speed data services have received an overwhelming response from millions of users across India. Recently, the telecom company also surpassed 50 million users. The free welcome offer and the Jio Happy New Year Offer are among the main reasons for Jio’s success.

Summary

Reliance Digital introduces new smart phone, WATER 3, under the brand LYF.

LYF WIND 7S – The Latest Addition to the Range of 4G-LTE LYF Smart Phones

December 23, 2016

Reliance Jio’s services have created a large-scale impact on the telecom industry. The brand known for its affordable yet high-speed 4G-LTE services is also emerging for its exclusive range of LYF smart phones. The most distinct quality of this smart phone brand is its pricing, which is targeted at a diverse audience. Among the range of LYF smart phones, one of the recently launched devices is the LYF WIND 7S.

LYF WIND 7S

This smart phone is budget-friendly and priced at Rs. 5,699. Customers who buy the device will receive a complimentary Jio SIM card. This will enable them to avail of the Jio Happy New Year Offer. As per this offer, individuals can enjoy unlimited free data, voice calling facilities, and a host of Jio applications till the end of March 2017.

Specifications of the device

Before unveiling the WIND 7S, Mukesh Ambani Jio had launched two devices, namely the LYF WIND 7 and WIND 7i. These two devices have a few features that are similar to the newly launched WIND 7S. The latter, however, is an upgraded version. The WIND 7S comes with a sleek 5-inch display. The screen is resistant to dust and scratches because of the Asahi Dragontrail Glass that protects it. Despite the reasonable price, users can rest assured of the device’s performance because of its Snapdragon 210 Quad-Core processing system. It operates at a speed of 1.13 GHz and is combined with Adreno 304 GPU. The device is also apt for multitasking since it has a sizeable 2 GB RAM. Additionally, it comes with an internal storage capacity of 16 GB. The operating system of the device is Android 6.0.1 Marshmallow. The phone is also powered by a 2,250 mAh heavy-duty battery, which offers 4G talk time of approximately nine hours and can last on standby mode for 180 hours.

Camera features and connectivity options

Users can easily capture high-quality pictures, owing to the device’s 5-megapixel front camera and 8-megappixel rear camera. There are also a number of camera features including Pro Mode, Face Detection, HDR, and Creative Filters. The device is offered with manufacturer’s warranty of two years. It also comes with the Voice over Long Term Evolution (VoLTE) feature, which allows users to make High Definition (HD) voice calls. Besides offering dual-SIM support, the device entails a range of connectivity options like Wi-Fi 802.11 b/g/n, USB OTG, Bluetooth 4.0, MicroUSB 2.0 port, and 4G. The device is lightweight and easy to grip, with dimensions of 143.5 x 72 x 8.7 mm.

Individuals can buy the device from any Digital Xpress or Reliance Digital store. It is available in variants of blue and black. The device is also expected to be offered on Jio.com, Reliance Jio’s official digital shopping portal. All devices by Jio are currently eligible for the Jio Happy New Year Offer, which will enable customers to harness the full power of data.

Summary

Reliance Jio launches new LYF smart phone, Wind 7S, with upgraded features.