When it posted results for July through September last year, Jio’s operating earnings were $220 million. Overall, it had a loss of $41 million, and subscriber numbers were growing 12 percent a quarter. But, Jio packed six months of sales into one quarter while counting only 3 months of expenses.
Reliance Industries chief Mukesh Ambani pledged Rs 10,000 crore investment through Reliance Jio to Uttar Pradesh, as well as help for the Namami Gange programme.
There is no doubt that Mukesh Ambani’s entry into the telecom business has engineered a massive public benefit. But proper customer service can be provided only by a healthy industry.
एक तरफ जहाँ मुकेश अंबानी ने 2017 में दूरसंचार उद्योग में हड़कंप मचा दिया, वहीं छोटे भाई अनिल अंबानी उधार चुकाने के लिए एक के बाद एक व्यवसाय को बेचते रहे
Mukesh Ambani can look back on a year during which he has shaken up the telecom industry, whereas Anil has been selling one business after another to raise cash.
Upgrades would include more better radar & integration of electronic warfare abilities. Russia also hopeful of inking deal with India to supply 12 more Su-30 MKIs and 21 MiG-29s.