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Jio users across India experienced a widespread network outage on September 17, 2024, leaving many unable to make calls, access mobile internet, or use JioFiber services. The outage, which quickly became a trending topic on social media, triggered frustration and humor alike, as users took to X (formerly Twitter) to express their discontent under the hashtag #JioDown.

Sudden Surge in Reports

The website Down Detector, which tracks real-time service interruptions, saw a significant spike in outage reports from Jio users. At 12:18 PM, the platform registered 10,367 reports of network issues, compared to a mere 653 reports just over an hour earlier. According to the data, 68% of the complaints were related to users experiencing “No Signal”, while 18% were linked to problems with mobile internet, and another 14% affected JioFiber services.

In stark contrast, other Indian telecom giants like Airtel, Vodafone Idea, and BSNL appeared to be functioning normally, as there was no notable surge in problem reports from their users, according to the same tracking website.

Social Media Flooded with Complaints

As users realized the scale of the outage, social media platforms quickly became flooded with messages directed at Jio’s official accounts. Some vented their frustration over being unable to make calls or send messages, while others pointed out the irony of being disconnected in a country where Jio is seen as one of the most reliable networks.

One user complained, “Pathetic network Jio, all we see is network outage. Why is this happening so frequently? #JioDown,” while another humorously remarked, “Vodafone and Airtel users laughing in the corner #JioDown.”

A particularly humorous take came from a user who quipped, “Mukesh Ambani naraz hain #JioDown #JioOutage,” reflecting the public’s familiarity with the Jio brand and its founder.

Jio’s Response Awaited

As the network disruption persisted for over an hour, many users began speculating whether the company was actively addressing the issue. Some users shared their frustration directly with Jio’s official X account, stating, “Jio appears to be facing an outage, even their recharge systems/portals are down. Has anyone begun working to resolve the issue?

Broader Impact

With Jio’s expansive user base across India, the outage affected a large number of people, disrupting daily routines and work for many. As one of the biggest telecom providers in the country, Jio’s outages often create a significant ripple effect, affecting communication, business operations, and connectivity for millions.

What’s Next?

As of now, there has been no official statement from Jio addressing the cause of the outage or its resolution timeline. However, with frustration mounting and users eagerly awaiting updates, all eyes remain on Jio’s next move to restore services. While this incident has sparked humor on social media, it also highlights the importance of uninterrupted digital services in today’s hyper-connected world.

As India continues to rely heavily on telecommunications for business and personal communication, this outage serves as a reminder of how integral these services have become—and how disruptions, however brief, can lead to widespread inconvenience.

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Reliance Industries Ltd (RIL), led by billionaire Mukesh Ambani, has seen its cash reserves skyrocket to an impressive $25 billion (₹2.1 lakh crore) as of March 2024. This milestone positions RIL with the highest cash reserves among India’s listed companies. The cash and cash equivalents of RIL increased by nearly ₹16,000 crore from the previous quarter.

To put this into perspective, around 78% of Nifty200 companies have a market capitalization of less than ₹2 lakh crore, and only 8% of them report revenues exceeding ₹2 lakh crore in FY24.

During the fiscal year, RIL invested ₹1.32 lakh crore ($15.8 billion) in capital expenditure. This spending focused on the nationwide rollout of 5G, expansion of retail infrastructure, and ventures into new energy sectors. As of March 2024, RIL’s net debt stood at $13.9 billion (₹1.2 lakh crore), and the company aims to maintain a net debt to EBITDA ratio of less than 1x.

According to JP Morgan, RIL’s retail and telecom businesses contribute to 50% of the company’s total consolidated EBITDA. The brokerage forecasts that these sectors will account for 95% of RIL’s EBITDA growth over the next three years. “RIL has operated at material negative free cash flow (FCF) for the last three years, driven by spending in Telecom. As that fades, with an EBITDA run-rate of $20 billion a year, the company is expected to deliver positive free cash flow for the next three years,” noted JP Morgan in an investor briefing.

In FY24, RIL reported its highest-ever revenue, exceeding ₹9 lakh crore, driven by strong performance in its consumer and upstream businesses. It also became the first Indian company to surpass the ₹1 lakh crore mark in pre-tax profit. The company’s net profit rose by 7.3% to ₹79,020 crore ($9.5 billion).

On the stock market, shares of Reliance Industries surged by 2.2% on Friday, reaching a new record high of ₹3,197.65 on the NSE. Since the beginning of the year, the stock has rallied by 23%, outpacing the benchmark Nifty50, which has gained 12% in the same period.

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Reports suggest that Meta, formerly known as Facebook, is poised to establish its inaugural data centre in India, with plans to house it within the Reliance Industries campus in Chennai. According to sources cited in a report by the Economic Times, the data centre aims to bolster localized content generation for Meta platforms such as Facebook, Instagram, and WhatsApp.

The deal between Meta and Reliance Industries purportedly took shape following discussions during the pre-wedding celebrations of Anant Ambani and Radhika Merchant in Jamnagar earlier this March. Although the exact value of the deal remains undisclosed, the move signals a significant stride for Meta in expanding its infrastructure footprint in India.

Mark Zuckerberg, CEO of Meta, and his wife Priscilla Chan were among the distinguished guests at the gala event in Jamnagar, where talks surrounding the data centre collaboration reportedly gained traction.

Potential Impact on Meta’s Operations

The establishment of a data centre within the Reliance Industries campus is anticipated to revolutionize Meta’s operational landscape in India. Currently, Meta’s data servicing for Indian users is managed through a data centre located in Singapore. However, with the advent of a local data centre, Meta stands to benefit from enhanced data processing capabilities, particularly for localized advertisements.

By operating multiple nodes across various locations within India, Meta aims to streamline data processing, improve user experience, and reduce transmission costs. The potential for faster data processing at local facilities is expected to optimize Meta’s services and drive targeted advertising efforts, ultimately enhancing user engagement across its platforms.

The 10-acre campus situated in Chennai’s Ambattur Industrial Estate represents a strategic collaboration between Brookfield Asset Management, Reliance Industries, and Digital Realty. With a capacity of up to 100-Megawatt (MW) IT load, the campus is well-equipped to support Meta’s robust infrastructure requirements.

Insights from Industry Experts

Neil Shah, a partner at Counterpoint Research, emphasized the significance of Meta’s move towards establishing greenfield data centres across key regions in India, including Chennai, Mumbai, Hyderabad, and Delhi NCR. Shah highlighted the potential benefits of localizing user-generated content and advertisements, citing improvements in latency, AI-driven recommendations, and cost savings on data transmission.

As India boasts the largest number of Meta users globally, the localization of content and advertisements aligns with Meta’s strategic objectives to cater to the burgeoning digital audience in the country.

Meta’s foray into establishing a data centre within the Reliance Industries campus signifies a pivotal step towards strengthening its presence in India’s digital ecosystem, promising enhanced services and experiences for millions of users nationwide.

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In a compelling address at the 10th edition of the Vibrant Gujarat Global Summit, Prime Minister Narendra Modi highlighted India’s pivotal role on the global stage, showcasing the nation as a beacon of hope, stability, and economic growth. Here are the key takeaways from the insightful speech:

India: A Pillar of Stability

PM Modi emphasized India’s newfound status as an essential pillar of global stability, positioning the country as a trusted friend and a driver of worldwide economic growth.

Global Recognition of India’s Rise

Major rating agencies project India to be among the top three largest economies globally in the coming years, a testament to the nation’s remarkable economic trajectory.

India’s Commitment to World Welfare

Described as a “vishwa mitra” or friend of the world, India’s dedication to common global goals, welfare, and hard work stands as a source of security and prosperity in the contemporary world.

Clear Priorities and Aspirations

India’s priorities, spanning sustainable industry, infrastructure, manufacturing, skills development, futuristic technology, AI, innovation, green hydrogen, renewable energy, semiconductors, and more, align with a vision for a prosperous and inclusive future.

Resilience Amid Uncertainties

In the face of global uncertainties, India has emerged as a ray of hope, showcasing resilience and growth momentum, attributed to a focus on structural reforms over the last decade.

Future Vision: “Amrit Kaal”

With the celebration of 75 years of independence behind and 25 more years to India’s centennial celebrations, PM Modi set forth a vision for an “amrit kaal” — a golden era for India, marking its transformation into a developed nation.

Global Partnerships and Relations

Acknowledging the role of key partners, PM Modi credited UAE President Sheikh Mohamed bin Zayed al Nahyan for the robust India-UAE relations, signifying collaborative efforts and a shared vision for the future.

India’s Achievements

India’s accomplishments in strengthening its banking system, ease of doing business, GST implementation, and global supply chain diversions were highlighted. The signing of Free Trade Agreements (FTAs) and increased Foreign Direct Investment (FDI) further positions India as an attractive global business destination.

Infrastructure Growth and Green Initiatives

India’s exponential growth in infrastructure investment, coupled with substantial strides in green and solar energy, showcases the nation’s commitment to sustainable development.

Digital Revolution and Start-up Ecosystem

PM Modi noted the transformative impact of a digital revolution, cheaper phones, and increased data accessibility, contributing to India’s status as the world’s third-largest start-up ecosystem.

Social and Economic Empowerment

The government’s efforts in poverty alleviation, increased average income, and enhanced participation of the female workforce signal positive trends for India’s future. Over 13.5 crore people have moved out of poverty in the last five years.

Logistics and Transportation Enhancement

Emphasizing improvements in logistics and transportation, PM Modi highlighted the growth of airports, national highway networks, and metro train networks, portraying a nation committed to modernization.

International Collaborations and Agreements

The summit witnessed significant collaborations, with MoUs signed for the development of food parks, renewable energy cooperation, and investments in the health sector. Additionally, substantial investments in India’s port infrastructure and activities in GIFT City were announced. Prime Minister Modi concluded the address by inviting the world to join India’s growth journey and expressing gratitude for the presence of Sheikh Mohamed bin Zayed Al Nahyan at the event, indicating the strengthening bond between the two nations. The Vibrant Gujarat Global Summit serves as a testament to India’s unwavering commitment to progress and prosperity on the global stage.

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A visionary move that could transform the way India connects to the world, Mukesh Ambani’s Reliance Jio is now set to launch its satellite broadband service, JioSpaceFiber, akin to Elon Musk’s Starlink. This innovation promises to provide high-speed broadband services to previously underserved regions within the country, expanding internet accessibility and ushering in a new digital era. During the recent India Mobile Congress, Akash Ambani, Chairman of Reliance Jio Infocomm Limited, showcased a demo of the upcoming satellite-based internet service to none other than Prime Minister Narendra Modi himself.

The Digital Revolution Continues

Mukesh Ambani, India’s wealthiest individual, has been at the forefront of revolutionizing internet access in India through Reliance Jio. Over the years, Jio has introduced a range of products aimed at making fast and reliable internet accessible across the nation. To address the challenge of bringing JioFiber connectivity to remote and inaccessible areas, Mukesh Ambani’s latest announcement of Reliance Jio AirFiber is already making moves.

JioSpaceFiber: Bridging the Connectivity Divide

Now, the spotlight is on JioSpaceFiber, India’s first satellite-based giga-fiber service, poised to provide high-speed broadband access to areas that were previously beyond the digital reach. In a significant demonstration of the service’s capabilities, Akash Ambani introduced JioSpaceFiber to Prime Minister Narendra Modi at the India Mobile Congress.

“Jio has enabled millions of homes and businesses in India to experience broadband internet for the first time. With JioSpaceFiber, we expand our reach to cover the millions yet to be connected,” Akash Ambani, Chairman of Reliance Jio Infocomm Limited, stated. “JioSpaceFiber will allow everyone, everywhere, to fully participate in the new digital society with gigabit access to online government, education, health, and entertainment services,” he added.

Pioneering Satellite Technology

Jio has entered into a strategic partnership with SES, a global leader in satellite-based connectivity, to access cutting-edge medium earth orbit (MEO) satellite technology. This partnership will enable Jio to harness the unique capabilities of SES’s O3b and the new O3b mPOWER satellites, making it the sole provider of truly transformative Gigabit, fiber-like services from space.

Reliance Jio’s innovation promises to deliver scalable and affordable broadband connectivity throughout India, with a level of reliability and service flexibility that is unparalleled in the industry. With JioSpaceFiber, India is set to leapfrog into a new era of digital inclusion, and the world is eagerly watching as this transformative journey unfolds.

Connecting the Unconnected

Reliance Jio’s remarkable journey continues with JioSpaceFiber, addressing the digital divide and creating opportunities for millions to connect, learn, and thrive in a more connected India. As the country stands on the cusp of this groundbreaking technology, it’s evident that Mukesh Ambani’s vision for a digital India is becoming a reality.

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