![RIL share hits one-year high; becomes 1st Indian co. to hit ₹21 lakh cr m-cap](https://images.assettype.com/fortuneindia%2F2022-02%2F2b1b6fa9-e35d-4557-8a52-0041b71cd119%2FReliance_retial_1237669024_copy.jpg?rect=0,197,2160,1080&w=300&q=95)
RIL share hits one-year high; becomes 1st Indian co. to hit ₹21 lakh cr m-cap
RIL share hits a 52-week high a day after its telecom arm hiked tariff prices by up to 25%; RIL shares are up 20.22% in the calendar year
RIL share hits a 52-week high a day after its telecom arm hiked tariff prices by up to 25%; RIL shares are up 20.22% in the calendar year
Jio's ₹239 monthly plan, which offers 1.5 GB of data per day, will now cost ₹299—an increase of 25%.
Bharti Airtel emerged as the biggest bidder by securing 69% of the total MHz on offer, followed by VIL at 21%, and RJio at 10%.
Jio has acquired the right to use spectrum in the 1800 MHz band in Bihar and West Bengal for ₹973.63 crore.
Employees undergo training to fill skill gap to navigate the future.
RIL's petroleum business posted a net profit of ₹9,924 crore in the December quarter, while the consumer businesses together registered a profit of ₹8,610 crore.
Jio's ARPU increased 2% year-on-year to ₹181.7.
COAI's pitch for equitable sharing of infra costs shows telecom and OTT business is a painful affair in India.
Reliance Jio and Bharti Airtel will need to work on 5G tariffs and customer migration.
Reliance Jio added 34.7 lakh mobile subscribers in September, followed by Airtel with 13.2 lakh new users, while Vodafone Idea lost 7.5 lakh customers.