Reliance Jio active subscriber additions slowing down? Airtel wins in April

Financial News : Reliance Jio has begun to witness a slowdown in active subscriber additions. For the first time since September, when Jio stormed into the market, Bharti Airtel has added more active subscribers than Jio. As per reports by Goldman Sachs and ICICI Securities, Jio added 0.4 million active subscribers in April as compared… Continue reading Reliance Jio active subscriber additions slowing down? Airtel wins in April

Petrol, diesel prices to be revised daily in 5 cities from May 1: Sources

Petrol & diesel India’s state-owned fuel retailers plan to implement daily revision of fuel price in five cities from May 1 ahead of a nationwide roll out of the scheme, industry sources said. To begin with, daily revision of fuel prices will be implemented in Puducherry and Vizag in southern India, Udaipur in the West,… Continue reading Petrol, diesel prices to be revised daily in 5 cities from May 1: Sources

Reliance Industries hits over 8-year high; m-cap crosses Rs 4 lakh crore

Reliance Industries (RIL) has rallied 6% to Rs 1,255, hitting an over 8-year high on the BSE in early morning trade. The stock is trading at its highest level since May 30, 2008. A sharp rally in stock has seen the market capitalisation of RIL crossing Rs 4 lakh crore. At 09:55 am; the stock… Continue reading Reliance Industries hits over 8-year high; m-cap crosses Rs 4 lakh crore

Reliance Jio effect: Airtel, Voda and Idea could lose 10% of premium users

The unlimited Rs 303 data plan for Reliance Jio prime members with free voice is expected to dent the premium subscriber base of the sector including those of the big three – Bharti Airtel, Vodafone and Idea Cellular –to the tune of 17 per cent. This is assuming that the premium data subscribers pay an… Continue reading Reliance Jio effect: Airtel, Voda and Idea could lose 10% of premium users