RIL's profit from consumer business to leapfrog petroleum
RIL's petroleum business posted a net profit of ₹9,924 crore in the December quarter, while the consumer businesses together registered a profit of ₹8,610 crore.
RIL's petroleum business posted a net profit of ₹9,924 crore in the December quarter, while the consumer businesses together registered a profit of ₹8,610 crore.
Jio's ARPU increased 2% year-on-year to ₹181.7.
COAI's pitch for equitable sharing of infra costs shows telecom and OTT business is a painful affair in India.
Reliance Jio and Bharti Airtel will need to work on 5G tariffs and customer migration.
Reliance Jio added 34.7 lakh mobile subscribers in September, followed by Airtel with 13.2 lakh new users, while Vodafone Idea lost 7.5 lakh customers.
India’s largest private sector company’s ‘future focus’ keeps it at the top of the league.
The largest of India Inc. are expanding and consolidating for greater scale, reach and market share.
11 analysts have offered long term price targets for RIL at an average level of ₹2,817.89, indicating an upside potential of around 24% from the current market price.
This was the slowest profit growth reported by Jio in the last seven quarters, impacted by higher expenses and a lack of tariff hikes in recent times.
PM Narendra Modi says the country has made a "century of unicorns" in fairly less time and has become one of the top 3 startup ecosystems in the world