5 ms·

Just to be clear folks Jio is run by the shadiest business person in India, with dubious and often serious malpractices.

r_singh 8y ago
The company I work for is going through its worst year because of JIO. It just feels good to read this here on HN. We know the truth even if the general public / consumers ignore because of disinterest, media ignores because of fear, and the Govt. looks away for self interest.
- ShorsHammer 8y ago
  Care to elaborate? Both these comments are just name calling at this point. Don't know much, but my Indian friends seem to like them. From what I gather they compete strongly on price (as in free) in an attempt to get into many other sectors. Once you have a wechat-esque hold on numerous market sectors making them profitable isn't really that hard, which seems to be their goal. I certainly don't agree with this type of business model either, but then again most people I know give strange looks when I rail against FB or Google.
  - r_singh 8y ago
    FB/Google rose on merit, becoming bigger with equity dilution. Now there's a community aware about the ills that come with monopolies, (i.e. power to lobby, throw weight around on users and the government) and so choose to dislike the company (or in extreme cases boycott their products). Coming to Jio, their parent company Reliance is the biggest business group of India (the promoter is the 5th richest person in the world). The group is infamous for being corrupt in the business community and the number of questionable instances cannot even be counted. My company has done business with Reliance in the past and has never received payments for the same. India being a lot more corrupt as a nation gives this company powers that would be unfathomable in developed nations. Just for a few small instances: this company has on many occasions changed regulation just to benefit their business model (or disruption) by sheer political clout. Even in case of Jio, the telecom interconnect charges in India were made 0, and will be changed again when Jio is in a position to benefit from them. And this is just 1 rule change. Vodafone's CEO has openly appealed that India's telecom authorities appear to be working for the interest of Jio only. This topic is just too big to summarise, it needs a multiple volume book. You're not gonna believe this, but a few authors who have tried to write on the way this group has come up have been banned in India, this probably gives you an idea about how dangerous this group could be. Reliance's books are not believable, debts are irrational, business practices are unethical, etc, etc and the list will go on.
  - pankajdoharey 8y ago
    Yeah sure, Jio is owned by a petrochemical giant reliance which was found guilty of stealing gas from the state owned ONGC wells by justice A.P.Shah committee https://www.financialexpress.com/economy/reliance-industries-guilty-of-taking-ongc-gas-ap-shah-panel/363706/ https://www.financialexpress.com/economy/reliance-industries... Two yrs later a new arbitration panel does not find them guilty https://economictimes.indiatimes.com/industry/energy/oil-gas/arbitration-panel-doesnt-find-ril-at-fault-in-ongc-row/articleshow/65221022.cms https://economictimes.indiatimes.com/industry/energy/oil-gas... A clue here Reliance is a big backer of election campaigns for the current regime.
    - lvng 8y ago
      Well this is a very established fact. They are just trying to control aspect of market from chemicals, lifestyle to digital ecosystem. Idk what would happen in coming years when there are no competition God save us from havoc.
  - hn011 8y ago
    communists hate India's biggest capitalist simple. let them whine. ambani the owner of jio will soon be coming up with e-commerce like Amazon . https://www.bloomberg.com/news/articles/2019-01-18/asia-s-richest-man-outlines-his-plan-to-take-on-amazon-in-india https://www.bloomberg.com/news/articles/2019-01-18/asia-s-ri...
- iamgopal 8y ago
  How ? What is the truth that media ignores, and Govt. Looks away for self interest ? I am not a customer of JIO, but glad they forced by current operator to reduce the price to match theirs and improve their quality of service because of fear of loosing customer to Jio. I'm happy that Jio exist.
  - r_singh 8y ago
    Jio does have a positive impact on India for sure. It has increased data consumption in India and made Indians more aware. However, Gopal, just look at data prices world wide. India was already the cheapest in the world for telecom, and now the prices are unsustainable. Indians don't care about privacy, but this kind of pricing would require monetisation from a lot more sources than just user data. Not to mention the drop in QOS from all telcos after Jio moved pricing below cost. I'm happy you're happy. But this isn't rational, and you don't know what kind of corrupt practices have made this possible.
    - hesarenu 8y ago
      There was no enough competition before jio appeared. Airtel even reduced my measly 135MB packs to 130MB. Now they are removing lifetime incoming calling as well. When you have these kind of operator no wonder people don't care.
      - r_singh 8y ago
        Please enquire about the competition in the world's markets before make a judgement about the competitiveness of the Indian telecom industry. > There was no enough competition before jio appeared. India was the world's most competitive market for telecom, even before the existence of Jio.
        hesarenu 8y ago
        What competition when my measly mb was reduced even further. They even introduced the 28 day month cycle. Low prices does not mean it's competitive.
throwaway_9168 8y ago
Unfortunately the same is true for Facebook/USA. But that doesn't seem to stop people from using WhatsApp.
tension_illa 8y ago
Come on. Don't bring r/india here. Keep the discussion meaningful.

r_singh 8y ago

The company I work for is going through its worst year because of JIO. It just feels good to read this here on HN. We know the truth even if the general public / consumers ignore because of disinterest, media ignores because of fear, and the Govt. looks away for self interest.

ShorsHammer 8y ago
Care to elaborate? Both these comments are just name calling at this point. Don't know much, but my Indian friends seem to like them. From what I gather they compete strongly on price (as in free) in an attempt to get into many other sectors. Once you have a wechat-esque hold on numerous market sectors making them profitable isn't really that hard, which seems to be their goal. I certainly don't agree with this type of business model either, but then again most people I know give strange looks when I rail against FB or Google.
- r_singh 8y ago
  FB/Google rose on merit, becoming bigger with equity dilution. Now there's a community aware about the ills that come with monopolies, (i.e. power to lobby, throw weight around on users and the government) and so choose to dislike the company (or in extreme cases boycott their products). Coming to Jio, their parent company Reliance is the biggest business group of India (the promoter is the 5th richest person in the world). The group is infamous for being corrupt in the business community and the number of questionable instances cannot even be counted. My company has done business with Reliance in the past and has never received payments for the same. India being a lot more corrupt as a nation gives this company powers that would be unfathomable in developed nations. Just for a few small instances: this company has on many occasions changed regulation just to benefit their business model (or disruption) by sheer political clout. Even in case of Jio, the telecom interconnect charges in India were made 0, and will be changed again when Jio is in a position to benefit from them. And this is just 1 rule change. Vodafone's CEO has openly appealed that India's telecom authorities appear to be working for the interest of Jio only. This topic is just too big to summarise, it needs a multiple volume book. You're not gonna believe this, but a few authors who have tried to write on the way this group has come up have been banned in India, this probably gives you an idea about how dangerous this group could be. Reliance's books are not believable, debts are irrational, business practices are unethical, etc, etc and the list will go on.
- pankajdoharey 8y ago
  Yeah sure, Jio is owned by a petrochemical giant reliance which was found guilty of stealing gas from the state owned ONGC wells by justice A.P.Shah committee https://www.financialexpress.com/economy/reliance-industries-guilty-of-taking-ongc-gas-ap-shah-panel/363706/ https://www.financialexpress.com/economy/reliance-industries... Two yrs later a new arbitration panel does not find them guilty https://economictimes.indiatimes.com/industry/energy/oil-gas/arbitration-panel-doesnt-find-ril-at-fault-in-ongc-row/articleshow/65221022.cms https://economictimes.indiatimes.com/industry/energy/oil-gas... A clue here Reliance is a big backer of election campaigns for the current regime.
  - lvng 8y ago
    Well this is a very established fact. They are just trying to control aspect of market from chemicals, lifestyle to digital ecosystem. Idk what would happen in coming years when there are no competition God save us from havoc.
- hn011 8y ago
  communists hate India's biggest capitalist simple. let them whine. ambani the owner of jio will soon be coming up with e-commerce like Amazon . https://www.bloomberg.com/news/articles/2019-01-18/asia-s-richest-man-outlines-his-plan-to-take-on-amazon-in-india https://www.bloomberg.com/news/articles/2019-01-18/asia-s-ri...
iamgopal 8y ago
How ? What is the truth that media ignores, and Govt. Looks away for self interest ? I am not a customer of JIO, but glad they forced by current operator to reduce the price to match theirs and improve their quality of service because of fear of loosing customer to Jio. I'm happy that Jio exist.
- r_singh 8y ago
  Jio does have a positive impact on India for sure. It has increased data consumption in India and made Indians more aware. However, Gopal, just look at data prices world wide. India was already the cheapest in the world for telecom, and now the prices are unsustainable. Indians don't care about privacy, but this kind of pricing would require monetisation from a lot more sources than just user data. Not to mention the drop in QOS from all telcos after Jio moved pricing below cost. I'm happy you're happy. But this isn't rational, and you don't know what kind of corrupt practices have made this possible.
  - hesarenu 8y ago
    There was no enough competition before jio appeared. Airtel even reduced my measly 135MB packs to 130MB. Now they are removing lifetime incoming calling as well. When you have these kind of operator no wonder people don't care.
    - r_singh 8y ago
      Please enquire about the competition in the world's markets before make a judgement about the competitiveness of the Indian telecom industry. > There was no enough competition before jio appeared. India was the world's most competitive market for telecom, even before the existence of Jio.
      - hesarenu 8y ago
        What competition when my measly mb was reduced even further. They even introduced the 28 day month cycle. Low prices does not mean it's competitive.

throwaway_9168 8y ago

Unfortunately the same is true for Facebook/USA. But that doesn't seem to stop people from using WhatsApp.

tension_illa 8y ago

Come on. Don't bring r/india here. Keep the discussion meaningful.