Reliance Industries Likely to Invest Rs 60,000 Crore into Reliance Jio this Year
Reliance Jio may receive a fresh investment of Rs 60,000 crore from its parent company Reliance Industries Limited (RIL) this financial year, according to a new report. On top of this investment, the telecom unit of RIL is expected to borrow a massive amount of Rs 1 trillion. This news will worry the top telecom operators a bit as Jio will be looking to continue the aggressive pricing strategy during... Read More