Reliance Industries shares in focus after Jio indirectly hikes tariffs by 20%

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Shares of Reliance Industries Ltd., the Nifty 50 heavyweight and Mukesh Ambani-owned oil-to-telecom-to-retail conglomerate, will be in focus on Tuesday, August 19, after Jio has indirectly raised tariffs by 20% with entry-level plan withdrawal.

Reliance Jio has discontinued its entry-level 1GB per day prepaid plans, priced at ₹209 for 22 days and ₹249 for 28 days.

With this change, the new effective entry plan for prepaid users now starts at ₹299, which offers 1.5GB per day for 28 days. Earlier, this same plan cost ₹249.

Competitors Bharti…



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Reliance Industries shares in focus after Jio indirectly hikes tariffs by 20%


Shares of Reliance Industries Ltd., the Nifty 50 heavyweight and Mukesh Ambani-owned oil-to-telecom-to-retail conglomerate, will be in focus on Tuesday, August 19, after Jio has indirectly raised tariffs by 20% with entry-level plan withdrawal.

Reliance Jio has discontinued its entry-level 1GB per day prepaid plans, priced at ₹209 for 22 days and ₹249 for 28 days.

With this change, the new effective entry plan for prepaid users now starts at ₹299, which offers 1.5GB per day for 28 days. Earlier, this same plan cost ₹249.

Competitors Bharti…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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