iWorld
Reliance Jio adds 1.76 million wireless subscribers in Oct
Mumbai: Telecom giant Reliance Jio has added 1.76 million net wireless subscribers in October, according to Telecom Regulatory Authority of India (Trai) subscription data. Vodafone Idea lost 0.96 million subscribers followed by Bharti Airtel at 0.48 million, the data revealed.
The total number of wireless subscribers increased from 1166.02 million to 1166.30 million. In urban areas, wireless penetration decreased from 637.89 million to 637.44 million. Wireless subscriptions in rural areas increased from 528.13 million to 528.86 million.
Trai reported 996.47 million active wireless subscribers out of which Reliance Jio had the highest share with 358.49 million followed by Bharti Airtel at 346.11 million, Vodafone Idea at 234.33 million and BSNL at 56.93 million.
The number of telephone subscribers increased from 1189.15 million to 1189.62 million. Urban subscription decreased from 659.09 million to 658.83 million whereas rural subscription increased from 530.06 million to 530.79 million.
In October, Trai received information from 577 broadband operators viz-a-viz 522 in the previous month. It reported that total broadband subscribers increased from 794.88 million to 798.95 million. The number of mobile device users increased from 769.22 million to 773.09 million. Wired subscribers increased from 24.39 million to 24.55 million and fixed wireless subscribers increased from 1.28 million to 1.31 million.
At the end of October, the top five broadband service providers stood as follows Reliance Jio Infocomm Ltd at 430.75 million subscribers, Bharti Airtel at 208.71 million subscribers, Vodafone Idea at 122.47 million subscribers, BSNL at 24.57 million subscribers and Atria Convergence at 1.97 million subscribers.
The top five wired broadband service providers were BSNL at 4.72 million subscribers, Reliance Jio Infocomm Ltd at 4.16 million subscribers, Bharti Airtel at 3.98 million subscribers, Atria Convergence Technologies at 1.97 million subscribers and Hathway Cable & Datacom at 1.07 million subscribers.
The top five wireless broadband service providers were Reliance Jio Infocomm Ltd at 426.60 million subscribers, Bharti Airtel at 204.73 million subscribers, Vodafone Idea at 122.47 million subscribers, BSNL at 19.85 million subscribers and Tikona Infinet Ltd. at 0.30 million subscribers.
The number of wireline subscribers increased from 23.13 million to 23.32 million with a net increase of 0.19 million. BSNL and MTNL held 45.07 per cent of the wireline market share.
iWorld
Tips Music CEO Hari Nair to step down
Girish Taurani and Sushant Dalmia to jointly steer the company as the hunt for a new chief begins
MUMBAI: A leadership shuffle is under way at Tips Music. Hari Nair, the company’s chief executive, will step down on April 30 as the music label begins the search for a successor.
The company said Girish Taurani, executive director, and Sushant Dalmia, chief financial officer, will jointly oversee operations during the transition while the board identifies a permanent replacement.
Nair joined Tips Music in 2023 and set about reshaping the veteran music label into a more digital, data-led enterprise. During his tenure, the company secured licensing and partnership deals with global platforms including Sony Music Publishing and TikTok, while renewing agreements with Warner Music Group.
Drawing on earlier experience in technology and entertainment, including a stint at ByteDance, Nair pushed the organisation towards a performance-driven culture. He built a brand partnerships division and introduced proprietary software systems aimed at strengthening digital distribution and data capabilities.
Kumar Taurani, chairman and managing director, credited Nair with embedding a data-led culture within the company and driving revenue growth in line with shareholder commitments.
In his resignation note, Nair said that after helping transition the label into a modern, digitally focused and process-driven organisation, the time had come to pursue his next leadership challenge.
The leadership change comes as the broader Tips Films group shows signs of financial stabilisation. In the third quarter of FY26 the company reported a net loss of Rs 2.86 crore, narrowing sharply from Rs 14.2 crore in the previous quarter. For the nine months ended December, losses stood at Rs 12.37 crore.
Yet revenue told a more volatile story. Income from operations slid to Rs 4 crore in Q3 FY26 from Rs 56 crore in the preceding quarter, taking total operating income to Rs 4.56 crore.
For a company built on a catalogue of more than 34,000 tracks and decades of Bollywood hits, the next chief will inherit both a digital engine and a volatile music market. The playlist may be familiar, but the next act at Tips Music is only just beginning.
