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Jio users: Jio adds most active users in May; Airtel, Voda Idea lose

Synopsis Analysts said Mukesh Ambani-led Jio’s strong user gains were propelled by growing market appetite for its new JioPhone 2021 plans that helped it grab rival Airtel and Vodafone Idea s 2G users. Agencies Jio added 2.8 million active users in May, taking its active user share to 34.3% and its active user base to 338 million. Reliance Jio added active mobile phone users in May 2021 at the cost of rivals Bharti Airtel and Vodafone Idea, driven by demand for the Mukesh Ambani-led telco s aggressive JioPhone offers, say analysts. Analysts said Mukesh Ambani-led Jio’s strong user gains were propelled by growing market appetite for its new JioPhone 2021 plans that helped it grab rival Airtel and Vodafone Idea s 2G users.

RIL Q1 Results: Profit Falls 7% On Weak Oil Demand, Retail Slowdown

Jul 24 2021, 10:39 AM July 23 2021, 8:21 PM July 24 2021, 10:39 AM Reliance Industries Ltd. s quarterly profit declined as its refining unit saw lower volumes and sales, while its retail arm struggled due to store shutdowns amid the second wave of Covid-19.The Mukesh Ambani-led conglomerate’s profit fell 7% sequentially to Rs 12,273 crore in the quarter ended June, according to its exchange filing. That compares with the Rs 11,889.8-crore consensus estimate of analysts tracked by Bloomberg.Net sales. Reliance Industries Ltd. s quarterly profit declined as its refining unit saw lower volumes and sales, while its retail arm struggled due to store shutdowns amid the second wave of Covid-19.

Stocks in news: Zomato, Reliance Industries, SBI Cards, Bharti Airtel and more

Stocks in news: Zomato, Reliance Industries, SBI Cards, Bharti Airtel and more Stocks in news: Zomato, Reliance Industries, SBI Cards, Bharti Airtel, Mphasis, Tata Consumer Products and more Stocks in news: Zomato, Reliance Industries, SBI Cards,Bharti Airtel,CanFin Homes BusinessToday.In Updated Jul 23, 2021, 9:22 AM IST Sensex and Nifty opened higher in line with positive global cues. Sensex rose 138 points to 52,975 and Nifty gained 47 points to 15,870. Here s a look at stocks that are likely to remain in news today. Reliance Industries: The Mukesh Ambani-led firm will report its earnings for the quarter ended June today. SBI Cards and Payment Services: The firm will announce its earnings for the quarter ended June today.

Reliance Industries share closes flat ahead of Q1 earnings, here s what to expect

Reliance Industries share closes flat ahead of Q1 earnings, here s what to expect
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