In today s ETtech Morning Dispatch: Reliance and Google have unveiled a JioPhone Next smartphone, a tie-up for 5G in India and collaboration over Google Cloud; Lenskart plans 300 more offline stores; Schools partner wtih edtech startups in droves
Global, local handset brands expect JioPhone Next to expand upgrade market indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
Most brokerages have given a thumbs-up to Mukesh Ambani’s mega investment plans unveiled in the company’s 44th annual general meeting (AGM) on Thursday. The market, however, does not seem to be in sync with this – at least for now – with the stock losing 2.4 per cent in Thursday’s trade and another 2.3 per cent on Friday. With this, the counter has lost ground continuously for five sessions and wiped off over Rs 60,000 crore in market capitalisation (market cap) during this period. While most brokerages remain optimistic on the road ahead for the company and welcomed its ‘green initiative’ and the Rs 75,000 crore investment plan spread over three years, most analysts say the execution of the same, focus on achieving the targets set for the retail business vertical and the rollout of Reliance Jio’s smartphone – JioPhone Next – hold key to growth for the company.
Reliance eyes setting up of four giga factories in India autocarindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autocarindia.com Daily Mail and Mail on Sunday newspapers.