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Tuesday, April 30, 2019

Investors in talks with RIL to invest in Jio infra

Reliance, once dependent on its industrial businesses, reshaped the Indian telecoms industry when it launched its Jio telecoms unit in 2016, taking on rivals such as Bharti Airtel and Vodafone Idea with its cut-throat pricing. The telecom company aims to get at least five investors on board, with some joining the conglomerate's board as co-sponsors, the report added.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2ZIg79w

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...