Re: General Trading Chat
Amit, The company you are talking about is Reliance communication which is owned by Anil Ambani.
Reliance jio is owned by Reliance Industries aka Big brother ambani.
Ha Ha Ha :rofl::rofl::rofl:
Reminded me of the day they came out with a Rs 500 moblie handset many years back and compulsory CDMA recharges along with it.(if I remember correctly some Rs 3000 to 4000).
Maybe such schemes will lift their dwindling business and clear off some of their massive debts.
http://www.financialexpress.com/art...cations-weighed-down-with-debt-rivalry/81546/
http://timesofindia.indiatimes.com/...ssets-to-reduce-debt/articleshow/47513950.cms
Monthly Chart of Rcom
A comparison with peers and Nifty
Reminded me of the day they came out with a Rs 500 moblie handset many years back and compulsory CDMA recharges along with it.(if I remember correctly some Rs 3000 to 4000).
Maybe such schemes will lift their dwindling business and clear off some of their massive debts.
http://www.financialexpress.com/art...cations-weighed-down-with-debt-rivalry/81546/
http://timesofindia.indiatimes.com/...ssets-to-reduce-debt/articleshow/47513950.cms
Monthly Chart of Rcom
A comparison with peers and Nifty
Reliance jio is owned by Reliance Industries aka Big brother ambani.