Pointing out that India is ranked at 134th in the global rating for fixed broadband penetration, Ambani mentioned Jio is committed to transfer India to among the top-three in fixed-line broadband.
Reliance Industries Limited announced on Wednesday that the company will buy majority stakes in Den Networks Ltd and Hathway Cable & Datacom Ltd. For this, it will pay a total of Rs 5,230 crore. As per company’s statement, Reliance will Read more
Benchmark indices ended lower on Tuesday as investors turned wary amid mixed global cues. Declining rupee and rising crude oil prices also put strain on stocks.
The BSE Sensex closed 174.91 points lower at 34,299.47, while the NSE Nifty50 ended 47 points, down at 10,301.05.
Ujjivan Financial Services Limited Stock closed at 275.15 slipped 6.89%, made 52 week low position of 275. Reliance Industries Limited stock closed at 1234.55.
Shares of Eros International, the Indian media production and distribution company, jumped over 5% early on Wednesday after Reliance Industries has agreed to acquire a 5% stake in the media firm through a subsidiary.