Followers

Wednesday, February 27, 2019

Reliance Jio may be losing money: Analysts

That would be a bigger deficit than those of its larger rivals Bharti Airtel Ltd and Vodafone Idea Ltd, even though the company known as Jio will probably overcome them over the next 12 months in terms of service revenue and subscribers, the analysts wrote in a note to clients dated February 26. The fiscal year of Jio’s parent, Reliance Industries Ltd ends March 31.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2XsmoF0

No comments:

Post a Comment

Structured tender model for shipbuilding: Govt aims tech transfer, local manufacturing

India is boosting its shipbuilding capabilities by adopting a "structured tender" approach for specialized vessels like gas and oi...