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Reliance Industries Ltd (RELI.BO)

RELI.BO on Bombay Stock Exchange

1,182.60INR
23 Feb 2017
Change (% chg)

Rs-25.05 (-2.07%)
Prev Close
Rs1,207.65
Open
Rs1,213.90
Day's High
Rs1,222.30
Day's Low
Rs1,179.20
Volume
1,089,289
Avg. Vol
313,039
52-wk High
Rs1,222.30
52-wk Low
Rs925.70

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Thu, Feb 23 2017

Fitch: Jio Prompts More Consolidation with Bharti-Telenor Deal

(The following statement was released by the rating agency) SINGAPORE, February 23 (Fitch) The agreement by Bharti Airtel Limited (BBB-/Stable) to buy Telenor's Indian telecom operations is the latest sign that the entry of aggressive new operator Reliance Jio is spurring incumbents to consolidate to better meet the intense competition and weaker telcos to exit altogether, Fitch Ratings says. Bharti's credit profile will remain unaffected by the planned acquisition as the benefits from addi

Indian shares post fifth straight session of gains

Feb 22 Indian shares hit their highest in more than five months on Wednesday as Reliance Industries ended at a near 9-year high after investors welcomed plans by its telecom unit to start charging customers for services.

India's Reliance Jio to offer discounted prices to customers from April 1

MUMBAI, Feb 21 Reliance Industries' Jio telecoms unit will start charging customers from April 1, but will offer sharply discounted prices for a year to those who sign up by the end of March, Chairman Mukesh Ambani said on Tuesday.

Reliance's Jio hails Uber ride in payments battle with PayTM

MUMBAI Uber users in India, who until now had Chinese Internet giant Alibaba-backed PayTM as the only payment wallet option available to book a ride, will now be able to pay through Reliance Jio Infocomm's [RELIB.UL] Jio Money.

Reliance's Jio hails Uber ride in payments battle with PayTM

MUMBAI, Feb 20 Uber users in India, who until now had Chinese Internet giant Alibaba-backed PayTM as the only payment wallet option available to book a ride, will now be able to pay through Reliance Jio Infocomm's Jio Money.

Indian shares end slightly down; Reliance ends at month-low

Jan 17 Indian shares edged lower on Tuesday with Reliance Industries Ltd leading the losses as concerns about spending at its telecom unit overshadowed better-than-expected third-quarter earnings.

UPDATE 2-India's Reliance expects sharp rise in operating profit from next financial year

* Q3 standalone profit 80.22 bln rupees vs 78.5 bln estimated

BRIEF-Reliance Industries exec says current debt on Jio at 490 bln rupees

* Reliance Industries exec says current debt on Jio is INR 490 billion

BRIEF-Reliance Industries says Jio continues to face interconnection congestion issues

* Says qtrly utilization levels in refining & marketing business was seasonally higher in Europe and Asia while North American utilization declined from previous quarter levels

BRIEF-Reliance Industries say additional investments proposed to be made into Jio network

* RIL's polymer production was down by 11% mainly due to a planned FCCU turnaround, subsequent PP plant shutdown during quarter at Jamnagar.

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