Page 13 - Banking Finance October 2019

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Reliance launches JioFiber India, Pakistan give nods on visa-free travel to

Reliance has recently introduced its Kartarpur
wired broad- India and Pakistan had recently agreed upon visa-free travel by Indian pilgrims
band offering, to Gurdwara Darbar Sahib in Pakistan using the Kartarpur
JioF i ber . corridor, officials said. Pakistan insisted on charging a ser-
JioFibre’s basic vice fee for allowing pilgrims to visit the gurdwara during
monthly plan of the meeting between the two sides at Attari in Punjab's
Rs. 699 would offer internet at 100 Amritsar district. However, India did not agree to that.
mbps, video conferencing through a Pakistan has also shown its unwillingness to allow the pres-
compatible TV, and free voice calls. ence of Indian consular or protocol officials on the gurdwara premises.
Reliance Jio formally launched its Govt to provide 60% funding to startups "commercial-
wired broadband JioFiber with an
hope that its bundle of free services izing" cow by-products
and superfast internet speeds will Startups focused on "commercializing" cow by-products like dung and urine, in
help it replicate the success it notched addition to dairy, could receive up to 60% of their initial
up as India’s youngest and only prof- investment as government funding, the chairman of the
itable mobile services provider. newly-established Rashtriya Kamdhenu Aayog has said.
With a basic monthly plan for Rs 699 "We will encourage youths to go for cow-based entrepre-
neurship and earn not only from products like milk and
and 100 GB (plus 50 GB of promo-
tional data) at 100 Mbps speed, ghee, but also by-products like urine and dung that can be used for medicinal
JioFiber also offers free voice calls and agricultural purposes," Vallabh Kathiria, chairman of the cow board.
and video conferencing through a
compatible TV and high-speed gam- NASA applauds ISRO
ing and content sharing across the National Aeronautics and Space Administration (Nasa) commended ISRO's at-
home network. Reliance Industries tempt to place 'Vikram' lander of Chandrayaan 2 mis-
sion on the Moon's south pole and said it was inspired
Ltd chairman Mukesh Ambani had at
the company’s annual general meet- by the Indian space agency's journey. The US space
ing last month sparked off India’s agency also said that it looks forward to working with
broadband wars by announcing the Indian Space Research Organisation (Isro) to explore the
wired internet service, which hopes solar system together. "Space is hard. We commend
Isro's attempt to land their #Chandrayaan2 mission on the Moon's South Pole.
to replicate the runaway success of
its Jio mobile service. You have inspired us with your journey and we look forward to future opportu-
nities to explore our solar system together," Nasa said in a tweet.

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