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Despite marginal ARPU increases, Reliance Jio’s Q4 net profit increased 1.7% sequentially to $4,716 crore

According to Reliance Jio on Friday, its March-quarter net profit increased 1.7% sequentially to 4,716 crore from 4,638 crore in the December quarter. On an annual basis, its profit grew by 13%. On a yearly basis, revenue increased 12% to 23,394 crore, up from 22,998 crore in the previous quarter. On a sequential basis, revenue

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Economic & Finance Energy Energy & Environment Investing Oil & Gas

Mukesh Ambani says Jio will invest over 40,000 crores in Andhra Pradesh

Mukesh Ambani, chairman and managing director of Reliance Industries, spoke at the Global Investors Summit 2023 in Visakhapatnam on Friday about Reliance’s commitment to Andhra Pradesh’s incredible economic potential. He made announcement that his company Jio will invest 40,000 crores in Andhra Pradesh. According to him, Reliance’s oil and gas exploration team found gas in

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Reliance Ranked On Top In Indian Firms On Forbes Global Under 2000

Forbes ranks Mukesh Ambani’s Reliance Group, at number 53 on the latest global 2000 list of companies worldwide. Forbes releases their annual list of the Top 2000 Companies in the world, which is ranked by sales. Reliance ranked top in Indian firms. Reliance has been listed on the 53th most prominent position on Forbes Global under

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Mukesh Ambani sheds light on how the upcoming leadership transitions will determine the future of Reliance

Reliance Industry’s chairman Mukesh Ambani speaks about upcoming leadership transitions within his enterprise’s telecom business and energy sector.  On this year’s Reliance family Day, the chairman poured some light onto the succession plans of India’s one of the most valuable companies Mukesh Ambani’s words during this year’s Reliance Family Day surprised the world. As he

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