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JIO divided the free internet data, still profits 80 billion

new Delhi. Reliance Jio did a booming entry in the Indian telecom market during the note-taking. Geo shook the whole industry Also provi...


new Delhi. Reliance Jio did a booming entry in the Indian telecom market during the note-taking. Geo shook the whole industry Also provided data and calling with simcard in free. Thousands of crores spent on advertising Larger expenditure was also done on the network and the staff while the customers were not taken to the Chavnani. Regardless, its Mukesh Ambani company has a profit of Rs. 80000 crores. With this, Mukesh Ambani, the country's richest businessman, has now become Asia's second richest businessman. This year, the wealth in his treasury increased to $ 12.5 billion (about Rs 80,000 crore). Their total wealth is $ 35.2 billion (about 2.25 lakh crore rupees).

This information comes out in the Bloomberg Billionaires Index report. According to this, Mukesh Ambani has become Asia's second richest by pushing Hong Kong businessman Li Ka-Shing to third place. At the same time, Jack Ma of China's Alibaba Group is at number one. Mukesh Ambani, CMD of Reliance Industries Limited (RIL), launched the 4G feature phone on the company's 40th Annual General Meeting (AGM) on July 21. Since then, the share price of the company has increased rapidly.

On July 20, the price of one share of RIL was Rs 1,528.70. It has increased by 4.90% to Rs 1,603.55 till August 1. This 4G feature phone will be available for depositing a security deposit of Rs 1,500.

There is still more to come
Now Geo is expected to grow the market base. Thanks to its free-offer, Reliance Jio has added 11.73 crore mobile users in the first nine months. Geo is now India's fourth largest telecom company. On the other hand, Reliance has made huge investments in its refining and petrochemical business. The company will have Rs 1.15 lakh crore in the coming days. And hope to insert. RIL has achieved record profits in the April-June quarter. Consolidated profits rose 28 per cent to Rs 9,108 crore in the period. 7,113 crores in the same quarter last year.
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UP LIVE NEWS: JIO divided the free internet data, still profits 80 billion
JIO divided the free internet data, still profits 80 billion
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